50550. There is hereby established the Workforce Housing Reward
Program, to be administered by the department for the purpose of
providing local assistance to cities, counties, and cities and
counties that provide land use approval to housing developments
affordable to very low and low-income households.
50550.1. (a) To the extent that funds are available, the department
shall provide local assistance grants to a city, county, or city and
county that issues a building permit for a housing development
consisting of newly constructed units that are affordable to very low
or low-income households if all of the following conditions are met:
(1) Final land use approval was granted to the development on or
after January 1, 2004.
(2) (A) In the case of rental units, the development is subject to
a regulatory agreement recorded against the property that obligates
the owner to maintain rents on the restricted units at levels
affordable to very low or low-income households for at least 55
years.
(B) In the case of ownership housing, units shall be initially
sold to households of low or very low income at an affordable housing
cost. If public funds are used to achieve an affordable housing
cost, then upon the sale of an assisted unit to a low- or very low
income household, the public entity shall ensure the repayment of the
public funds and reuse of those funds for affordable housing for a
period of at least 20 years. The proposed mechanism for restrictions
of ownership units shall be consistent with criteria established by
the department and specified in the Notice of Funding Availability.
(3) By the end of the 12-month period covered by the Notice of
Funding Availability, the city, county, or city and county has an
adopted housing element that the department has found pursuant to
Section 65585 of the Government Code to be in substantial compliance
with the requirements of Article 10.6 (commencing with Section 65580)
of Chapter 3 of Division 1 of Title 7 of the Government Code and has
submitted to the department the annual progress report required by
Section 65400 of the Government Code within the preceding 12 months.
(b) For each year that funds are available, the department shall
issue a Notice of Funding Availability to cover permits issued during
a 12-month time period. The department shall accept applications at
the close of the 12-month period. Grant amounts shall be determined
as a per-bedroom incentive for each unit restricted for very low and
low-income households. For the purposes of this section single-room
occupancies and studio apartments shall be considered as one-bedroom
units. The grant for very low income units shall be greater than the
grant for low-income units. If the eligibility for funds exceeds the
amount of funding available for this program, the department shall
reduce all grants proportionally.
(c) A city, county, or city and county that qualified for a grant
from the Jobs-Housing Balance Incentive Grant Program pursuant to
Section 50544 during the 2001 calendar year shall receive an
additional amount of funds for each bedroom that qualifies under this
section. The department shall determine the amount of the bonus
grant to be awarded pursuant to this subdivision.
50550.2. (a) Grants provided pursuant to this chapter shall be used
for the construction or acquisition of capital assets as set forth
in Section 16727 of the Government Code that serve to benefit the
community. Eligible projects include, but are not limited to, traffic
improvements, neighborhood parks, bike paths, libraries, school
facilities, play areas, community centers, and police and fire
stations.
(b) The department may deny funding to any jurisdiction that it
determines, based on reasonable evidence, failed to grant final land
use approval for eligible developments on a timely basis between
January 1, 2003, and January 1, 2004.
(c) The department shall adopt guidelines for the operation of the
program. The guidelines shall not be subject to the requirements of
Chapter 2.5 (commencing with Section 11340) of Part 1 of Title 2 of
the Government Code.
50550. There is hereby established the Workforce Housing Reward
Program, to be administered by the department for the purpose of
providing local assistance to cities, counties, and cities and
counties that provide land use approval to housing developments
affordable to very low and low-income households.
50550.1. (a) To the extent that funds are available, the department
shall provide local assistance grants to a city, county, or city and
county that issues a building permit for a housing development
consisting of newly constructed units that are affordable to very low
or low-income households if all of the following conditions are met:
(1) Final land use approval was granted to the development on or
after January 1, 2004.
(2) (A) In the case of rental units, the development is subject to
a regulatory agreement recorded against the property that obligates
the owner to maintain rents on the restricted units at levels
affordable to very low or low-income households for at least 55
years.
(B) In the case of ownership housing, units shall be initially
sold to households of low or very low income at an affordable housing
cost. If public funds are used to achieve an affordable housing
cost, then upon the sale of an assisted unit to a low- or very low
income household, the public entity shall ensure the repayment of the
public funds and reuse of those funds for affordable housing for a
period of at least 20 years. The proposed mechanism for restrictions
of ownership units shall be consistent with criteria established by
the department and specified in the Notice of Funding Availability.
(3) By the end of the 12-month period covered by the Notice of
Funding Availability, the city, county, or city and county has an
adopted housing element that the department has found pursuant to
Section 65585 of the Government Code to be in substantial compliance
with the requirements of Article 10.6 (commencing with Section 65580)
of Chapter 3 of Division 1 of Title 7 of the Government Code and has
submitted to the department the annual progress report required by
Section 65400 of the Government Code within the preceding 12 months.
(b) For each year that funds are available, the department shall
issue a Notice of Funding Availability to cover permits issued during
a 12-month time period. The department shall accept applications at
the close of the 12-month period. Grant amounts shall be determined
as a per-bedroom incentive for each unit restricted for very low and
low-income households. For the purposes of this section single-room
occupancies and studio apartments shall be considered as one-bedroom
units. The grant for very low income units shall be greater than the
grant for low-income units. If the eligibility for funds exceeds the
amount of funding available for this program, the department shall
reduce all grants proportionally.
(c) A city, county, or city and county that qualified for a grant
from the Jobs-Housing Balance Incentive Grant Program pursuant to
Section 50544 during the 2001 calendar year shall receive an
additional amount of funds for each bedroom that qualifies under this
section. The department shall determine the amount of the bonus
grant to be awarded pursuant to this subdivision.
50550.2. (a) Grants provided pursuant to this chapter shall be used
for the construction or acquisition of capital assets as set forth
in Section 16727 of the Government Code that serve to benefit the
community. Eligible projects include, but are not limited to, traffic
improvements, neighborhood parks, bike paths, libraries, school
facilities, play areas, community centers, and police and fire
stations.
(b) The department may deny funding to any jurisdiction that it
determines, based on reasonable evidence, failed to grant final land
use approval for eligible developments on a timely basis between
January 1, 2003, and January 1, 2004.
(c) The department shall adopt guidelines for the operation of the
program. The guidelines shall not be subject to the requirements of
Chapter 2.5 (commencing with Section 11340) of Part 1 of Title 2 of
the Government Code.
50550. There is hereby established the Workforce Housing Reward
Program, to be administered by the department for the purpose of
providing local assistance to cities, counties, and cities and
counties that provide land use approval to housing developments
affordable to very low and low-income households.
50550.1. (a) To the extent that funds are available, the department
shall provide local assistance grants to a city, county, or city and
county that issues a building permit for a housing development
consisting of newly constructed units that are affordable to very low
or low-income households if all of the following conditions are met:
(1) Final land use approval was granted to the development on or
after January 1, 2004.
(2) (A) In the case of rental units, the development is subject to
a regulatory agreement recorded against the property that obligates
the owner to maintain rents on the restricted units at levels
affordable to very low or low-income households for at least 55
years.
(B) In the case of ownership housing, units shall be initially
sold to households of low or very low income at an affordable housing
cost. If public funds are used to achieve an affordable housing
cost, then upon the sale of an assisted unit to a low- or very low
income household, the public entity shall ensure the repayment of the
public funds and reuse of those funds for affordable housing for a
period of at least 20 years. The proposed mechanism for restrictions
of ownership units shall be consistent with criteria established by
the department and specified in the Notice of Funding Availability.
(3) By the end of the 12-month period covered by the Notice of
Funding Availability, the city, county, or city and county has an
adopted housing element that the department has found pursuant to
Section 65585 of the Government Code to be in substantial compliance
with the requirements of Article 10.6 (commencing with Section 65580)
of Chapter 3 of Division 1 of Title 7 of the Government Code and has
submitted to the department the annual progress report required by
Section 65400 of the Government Code within the preceding 12 months.
(b) For each year that funds are available, the department shall
issue a Notice of Funding Availability to cover permits issued during
a 12-month time period. The department shall accept applications at
the close of the 12-month period. Grant amounts shall be determined
as a per-bedroom incentive for each unit restricted for very low and
low-income households. For the purposes of this section single-room
occupancies and studio apartments shall be considered as one-bedroom
units. The grant for very low income units shall be greater than the
grant for low-income units. If the eligibility for funds exceeds the
amount of funding available for this program, the department shall
reduce all grants proportionally.
(c) A city, county, or city and county that qualified for a grant
from the Jobs-Housing Balance Incentive Grant Program pursuant to
Section 50544 during the 2001 calendar year shall receive an
additional amount of funds for each bedroom that qualifies under this
section. The department shall determine the amount of the bonus
grant to be awarded pursuant to this subdivision.
50550.2. (a) Grants provided pursuant to this chapter shall be used
for the construction or acquisition of capital assets as set forth
in Section 16727 of the Government Code that serve to benefit the
community. Eligible projects include, but are not limited to, traffic
improvements, neighborhood parks, bike paths, libraries, school
facilities, play areas, community centers, and police and fire
stations.
(b) The department may deny funding to any jurisdiction that it
determines, based on reasonable evidence, failed to grant final land
use approval for eligible developments on a timely basis between
January 1, 2003, and January 1, 2004.
(c) The department shall adopt guidelines for the operation of the
program. The guidelines shall not be subject to the requirements of
Chapter 2.5 (commencing with Section 11340) of Part 1 of Title 2 of
the Government Code.
