CaliforniaCalifornia Dream for All Program: descendants of formerly enslaved people.
What it does
Existing law establishes the California Housing Finance Agency in the Department of Housing and Community Development, and authorizes the agency to, among other things, make loans to finance affordable housing, including residential structures, housing developments, multifamily rental housing, special needs housing, and other forms of housing, as specified. Existing law establishes the California Dream for All Program to provide shared appreciation loans to qualified first-time homebuyers, as specified. Existing law establishes in the State Treasury the California Dream for All Fund, which is continuously appropriated for expenditure pursuant to the program, as specified.
More detail
This bill would require, upon establishment of the certification process for the descendants of American slavery established by the Bureau for Descendants of American Slavery, at least 10% of the moneys in the fund to be reserved for applicants who meet the requirements for a loan under the program and have been certified as descendants of formerly enslaved people, as specified.
This bill would become operative only if SB 518 of the 2025–26 Regular Session is enacted and takes effect on or before January 1, 2027, and establishes the Bureau for Descendants for American Slavery.
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
- Jan 22Consideration of Governor's veto stricken from file.Latest
- 2025
- Oct 13Consideration of Governor's veto pending.
- Oct 13Vetoed by Governor Gavin Newsom.Major
- Sep 16Enrolled and presented to the Governor at 2 p.m.To Governor
- Sep 9Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 60. Noes 10. Page 3100.).Major
- Vote recorded AB 57 McKinnor Concurrence in Senate Amendments. Result: pass.Lower
- Sep 8In Assembly. Concurrence in Senate amendments pending.
- Vote recorded 3rd Reading AB57 McKinnor et al. By Smallwood-Cuevas. Result: pass.Upper
- Sep 8Read third time. Passed. Ordered to the Assembly. (Ayes 28. Noes 9. Page 2615.).Passed Senate
- Sep 2Read second time. Ordered to third reading.Minor
- Aug 29Read second time and amended. Ordered returned to second reading.Major
- Vote recorded Do pass as amended. Result: pass.Upper
- Aug 29From committee: Amend, and do pass as amended. (Ayes 5. Noes 2.) (August 29).Major
- Aug 18In committee: Referred to suspense file.Minor
- Vote recorded Placed on suspense file. Result: pass.Upper
- Jul 9From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 1.) (July 8). Re-referred to Com. on APPR.Minor
- Jul 8
- Vote recorded Do pass, but first be re-referred to the Committee on [Appropriations]. Result: pass.Upper
- Jun 24From 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 18From committee: Do pass and re-refer to Com. on JUD. (Ayes 7. Noes 2.) (June 17). Re-referred to Com. on JUD.Minor
- Jun 17
- Vote recorded Do pass, but first be re-referred to the Committee on [Judiciary]. Result: pass.Upper
- Jun 11Referred to Coms. on HOUSING and JUD.Minor
- May 29In Senate. Read first time. To Com. on RLS. for assignment.Minor
- Vote recorded AB 57 McKinnor Assembly Third Reading. Result: pass.Lower
- May 29Read third time. Passed. Ordered to the Senate. (Ayes 52. Noes 10. Page 1777.)Passed Assembly
- May 27Read second time. Ordered to third reading.Minor
- May 23From committee: Do pass. (Ayes 11. Noes 1.) (May 23).Minor
- Vote recorded Do pass. Result: pass.Lower
- May 7Coauthors revised.
- May 7In committee: Set, first hearing. Referred to APPR. suspense file.Minor
- Apr 24Re-referred to Com. on APPR.Minor
- Apr 23Read second time and amended.Major
- Apr 22From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 2.) (April 22).Major
- Vote recorded Do pass as amended and be re-referred to the Committee on [Appropriations]. Result: pass.Lower
- Mar 28Re-referred to Com. on JUD.Minor
- Mar 27Read second time and amended.Major
- Mar 26From committee: Amend, and do pass as amended and re-refer to Com. on JUD. (Ayes 8. Noes 0.) (March 26).Major
- Vote recorded Do pass as amended and be re-referred to the Committee on [Judiciary]. Result: pass.Lower
- Mar 4Re-referred to Com. on H. & C.D.Minor
- Mar 3From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.Major
- Feb 25Re-referred to Com. on H. & C.D.Minor
- Feb 24From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.Major
- Feb 24Referred to Coms. on H. & C.D. and JUD.Minor
- 2024
- Dec 3From printer. May be heard in committee January 2.
- Dec 2Read first time. To print.Introduced