California establishes program to help affordable housing providers manage property risks
A new state program directs California’s housing department to help affordable housing providers manage property risks and explore alternatives to regular insurance.
1
What it does
California establishes a program to help affordable housing providers manage risks across their properties and seek more affordable insurance. The state housing department runs it.
The department must develop help for affordable housing providers preparing to join or joining groups that manage risk outside regular insurance. It may offer one-on-one advice and guides.
Argument forProviders could use risk reviews and application help to explore ways to cover losses at a lower cost.
Argument againstProviders with complex needs might get little direct help because the department can choose whether to offer one-on-one assistance.
More detail
The state housing department must run a program that offers help with property risks and insurance options. The program covers affordable housing providers and risks across their properties.
The department must develop help on joining groups that manage risk outside regular insurance. The help is for affordable housing providers preparing to join or joining these groups. The help may cover risk reviews, ways to lower risks, and applications to these groups. The department may hire consultants and offer one-on-one help, training, and guides.
2
Where do you stand?
Choose your position
3
Tell your reps
Take a position to see your representatives and ways to contact them.
4
More on this bill
Where it stands
Introduced
Passed Senate
Passed Assembly
To Governor
Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Sep 30Chaptered by Secretary of State. Chapter 1034, Statutes of 2026.Latest
Sep 4Enrolled and presented to the Governor at 2 p.m.To Governor
Aug 28Assembly amendments concurred in. (Ayes 30. Noes 10. Page 6069.) Ordered to engrossing and enrolling.Major
Vote recorded Unfinished Business SB1388 Durazo et al. Concurrence. Result: pass.Upper
Aug 27From committee: That the Assembly amendments be concurred in. (Ayes 8. Noes 2. Page 6046.)Minor
Vote recorded That the Assembly amendments be concurred in. Result: pass.Upper
Aug 26From committee: Be re-referred to Com. on HOUSING pursuant to Senate Rule 29.10(d). (Ayes 5. Noes 0. Page 5823.) Re-referred to Com. on HOUSING.Minor
Aug 26Re-referred to Com. on RLS. pursuant to Senate Rule 29.10(d).Minor
Aug 25In Senate. Concurrence in Assembly amendments pending.
Vote recorded SB 1388 Durazo Senate Third Reading By Caloza. Result: pass.Lower
Aug 25Read third time. Passed. (Ayes 63. Noes 11. Page 6477.) Ordered to the Senate.Passed Assembly