California State Senate Bill SB490
Type
Act or Session Law
Year
2022
Level
State
State(s)
California
Policy Areas
Community Development, Economic Justice, Finance & Procurement, Housing
Recognizing the need for intervention in the housing market, California passed bill SB490 to create the Housing Acquisition and Rehabilitation Technical Assistance Program (HARTAP). HARTAP will help qualified entities -including eligible non-profits, community land trusts, public housing authorities, non-profit workforce housing cooperatives, resident associations, and local and regional governments- access and utilize existing housing programs that provide finance for housing rehabilitation.