State housing finance agency must study ways to cut loan costs for subsidized housing
The California Housing Finance Agency must study state loan guarantees, loss reserves and other credit backing that might lower construction and permanent loan rates for state-funded housing, then report its findings and a recommended program design to the Legislature.
When
January 1, 2028 is a deadline set in the law.
- : Signed into law
- : Law takes effect
- : Deadline: Housing finance agency sends its interim findings to lawmakers
- : Final report with a recommended program design is due
Official text
California SB 750: California Housing Finance Agency: credit enhancement mechanisms study.
On California Legislative Information. The official text is what counts; read it before you act.
Not legal advice. Plain-English summaries to help you find what changes and when. Not legal advice: read the official text, and ask a lawyer about your situation.