CaliforniaLow-income housing tax credits: lease nonrenewal: good cause.
What it does
Existing law, in modified conformity with federal income tax laws, establishes a low-income housing tax credit program through which the California Tax Credit Allocation Committee allocates low-income housing tax credits aimed at providing affordable low-income housing within and throughout the state. Existing federal law sets limitations and guidelines regarding what projects are eligible for credits, including a requirement that an extended low-income housing commitment is in effect, and a prohibition against eviction except for good cause.
More detail
This bill would specify, for housing projects where the low-income housing commitment requires 100% of the units, not including any manager's units, to be restricted to lower income households, as defined, that good cause for nonrenewal of a lease includes cases where the nonrenewal relates to a household whose income exceeds 140% of the area median income for at least 2 consecutive years and 30% of the household's monthly income exceeds the fair market rent, determined as specified. The bill would require an owner to provide notice of the potential of good cause for nonrenewal described above if the household's income exceeds 140% of the area median income during any income certification, as specified. The bill would also require an owner electing to not renew a lease as described above to issue a notice of nonrenewal describing the basis of good cause for nonrenewal at least 90 days prior to the expiration of the lease, as specified.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 30Chaptered by Secretary of State - Chapter 958, Statutes of 2026.Latest
- Sep 30Approved by the Governor Gavin Newsom.Became Law
- Sep 10Enrolled and presented to the Governor at 3 p.m.To Governor
- Aug 31
- Vote recorded AB 2689 Ávila Farías Concurrence in Senate Amendments. Result: pass.Lower
- Aug 30Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 69. Noes 2. Page 6884.).Major
- Aug 28In Assembly. Concurrence in Senate amendments pending.
- Aug 27Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.).Passed Senate
- Vote recorded 3rd Reading AB2689 Ávila Farías et al. By Caballero. Result: pass.Upper
- Jul 2Read second time. Ordered to third reading.Minor
- Jul 1From committee: Do pass. (Ayes 11. Noes 0.) (June 30).Minor
- Jun 30
- Vote recorded Do pass. Result: pass.Upper
- Jun 22From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.Major
- Jun 17From committee: Do pass and re-refer to Com. on JUD. with recommendation: To Consent Calendar. (Ayes 10. Noes 0.) (June 16). Re-referred to Com. on JUD.Minor
- Jun 16
- Vote recorded Do pass, but first be re-referred to the Committee on [Judiciary] with the recommendation: To Consent Calendar. Result: pass.Upper
- Jun 10Referred to Coms. on HOUSING and JUD.Minor
- Jun 1In Senate. Read first time. To Com. on RLS. for assignment.Minor
- May 28Read third time. Passed. Ordered to the Senate. (Ayes 68. Noes 1. Page 5549.)Passed Assembly
- Vote recorded AB 2689 Ávila Farías Assembly Third Reading. Result: pass.Lower
- May 4Read second time. Ordered to third reading.Minor
- Apr 30Read second time and amended. Ordered returned to second reading.Major
- Apr 29From committee: Amend, and do pass as amended. (Ayes 11. Noes 1.) (April 29).Major
- Vote recorded Do pass as amended. Result: pass.Lower
- Apr 9In committee: Hearing postponed by committee.
- Apr 7Re-referred to Com. on H. & C.D.Minor
- Apr 6From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.Major
- Mar 23Re-referred to Com. on H. & C.D.Minor
- Mar 19From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.Major
- Mar 19Referred to Coms. on H. & C.D. and L. GOV.Minor
- Feb 21From printer. May be heard in committee March 23.
- Feb 20Read first time. To print.Introduced