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Issues We’re Tracking

STATE

Assembly Bill 1907 (santiago)

The Los Angeles Business Council is a proud co-sponsor of AB 1907 (Santiago)—a new bill aimed at accelerating construction of necessary housing to combat the growing homelessness crisis in California.

 CLICK HERE TO TAKE ACTION 

Assembly Bill 2058 (Gabriel)

The Affordable Housing Preseration Act would, between January 1, 2021 and January 1, 2026, create an Affordable Housing Preservation Tax Credit (AHPTC) [$500 million initial allocation] to preserve existing affordable apartment properties and mobile-home parks by experienced affordable housing organizations. The AHPTC would provide a 50% credit (up to $1 million per transaction) against the state and federal capital gains otherwise owed by the seller of an existing building or park if they sell to a nonprofit entity who will operate the property as affordable housing for low-income households for 55 years. LABC SUPPORTS AB 2058

Assembly Bill 2323 (Friedman)

AB 2323 expands the “climate-friendly” CEQA exemption for transit-oriented housing and jobs projects established in 2013 by SB 743 (Steinberg) to include projects where the local government has adopted a community plan. Repeals the outdated “sprawl-friendly” CEQA exemption for any residential project consistent with an adopted specific plan, regardless of the site’s proximity to jobs or transit, which was established in 1984. Pending amendments, will update additional existing CEQA exemption and streamlining provisions for housing projects to make them more consistent, usable, and focused on current housing needs and environmental goals.

LABC SUPPORTS AB 2323

 CLICK HERE TO TAKE ACTION 

Assembly Bill 2345 (Gonzalez)

This bill increases allowed concessions to 3 for all developments with at least 12% very low-income units and offer 4 or 5 concessions for projects with higher percentages of total units incorporating moderate, low, and very low-income units, and increase density bonuses up to 50% for said projects.

LABC SUPPORTS AB 2345

CLICK HERE TO TAKE ACTION 

Assembly Bill 3279 (Friedman)

This bill adjusts several aspects of CEQA including commencing hearings on an appeal within 270 days, reducing petitioner filing time from 90 to 60 days, and only authorizing a record of proceedings when requested to do so by the public agency, and more.

LABC SUPPORTS AB 3279

CLICK HERE TO TAKE ACTION 

Assembly Bill 2829 (Ting)

This bill would expand the welfare exemption under the state property tax law to include moderate-income rental housing and rental facilities equal to the percentage of these units existing in the property beginning on January 1, 2021 and sunsetting on January 1, 2041.

LABC SUPPORTS AB 2829

Assembly Bill 3107 (Bloom)

AB 3107 will allow housing developments that include at least 20% of units for lower-income households to be allowed on any site designated for commercial uses.

LABC SUPPORTS AB 3107

CLICK HERE TO TAKE ACTION 

Assembly Bill 3300 (Santiago)

This bill would appropriate $2 billion per year, beginning the 2020-2021 fiscal year, from the General Fund to HCD for providing local jurisdictions with ongoing grant funds to sustain or enhance efforts on addressing short- and long-term homelessness challenges.

LABC SUPPORTS AB 3300

 CLICK HERE TO TAKE ACTION 

Senate Bill 1065 (Hertzberg)

SB 1065 increases options for California’s poorest families with children by making small, yet significant adjustments to the critical safety-net that is the Homeless Assistance Program. Specifically, the bill repeals the subjective hardship standard, extends the assistance period to the end of the month for families that have secured imminent permanent housing, and ensures all domestic violence victims receive their entitled 32-days of assistance.

LABC SUPPORTS SB 1065

Senate Bill 1085 (Skinner)

SB 1085 makes the following improvements and clarifications to the state’s density bonus law to address the problems above: Creates a new bonus and incentive structure for low- and moderate-income projects in high-cost regions of the state. Allows a developer to apply for density bonus for any project, not just projects of five or more units. Clarifies that inclusionary housing requirements and density bonus law should be complementary, not additive, and that affordable housing fees may not be applied to bonus units. Allows low-income student housing projects to receive the same incentives as other low-income projects. Aligns the density bonus approval requirements with those in the HAA to further prevent cities from blocking density bonus projects.

LABC SUPPORTS SB 1085

city

LA City Council Motion 19-0078 (Krekorian)

Small Business Feasibility Study: At the end of 2018, the LABC Institute released a feasibility study analyzing the potential for Los Angeles to develop a free, transparent, and universal regional procurement platform to help capture the economic benefits of major municipal projects, as well as incoming sports and entertainment events for local, small and disadvantaged businesses. In response, Councilmember Krekorian, Chair of the City’s Ad Hoc Committee on a Comprehensive Job Creation Plan, introduced Council Motion 19-0078 to have the CLA report back to the Ad Hoc Committee with an analysis of the benefits of a regional procurement platform and a proposed legal framework to implement said platform with budgetary requirements.

CLICK HERE TO SEND A LETTER OF SUPPORT FOR LA CITY COUNCIL MOTION 19-0078

LA City Council File 19-0669

This motion calculates middle-class percent that is rent-burdened and report back on successful moderate-income housing programs that can help inform the City on prioritizing the growth of middle-income housing.

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Listening to Rich Harasek discuss #COVID19 impacts to @LADWP w @labctweets . Talked abt the affect to #workforce , service/collections, budgeting/CIP planning, & major programs in #reuse #watercapture . Great to hear cont’d focus on transformational projects. #Sustainability .

Thanks to @labctweets for hosting an important conversation on #COVID19 and water infrastructure

Great #virtual mtg by @labctweets focused on #water. Discussed #COVID19 impacts to #measureW #reuse w/ #hyperion upgrades, potential funding bond programs at the State Level & #baydelta. Speakers @HenrySternCA @LADWP @mwdh2o

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