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California bills · 2025-2026 Regular Session

California SB 1388

Affordable Housing Risk Reduction Program.

  1. Introduced
  2. In committee
  3. Passed Senate
  4. Passed House
  5. To Governor
  6. Became law

Sponsors

Cosponsors (1)

Summary

Official abstract published by the California legislature· summary

Existing law establishes the Department of Housing and Community Development and requires it to administer various programs intended to promote the development of housing, including the Multifamily Housing Program, pursuant to which the department provides assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects, as provided. This bill would establish the Affordable Housing Risk Reduction Program, administered by the department, to provide technical assistance and supportive resources to affordable housing providers to help them mitigate risk in their portfolio and secure more affordable insurance options. The bill would require the department to develop technical assistance to support affordable housing providers, and would authorize the department and third-party consultants to provide both individual technical assistance to affordable housing providers and develop technical assistance tools that can be made broadly accessible to those providers.

Text versions

Roll-call votes

State vote data last updated Oct 15, 2026, 4:08 AM.

DateVoteResultYour legislators
Aug 28, 2026
Senate
Unfinished Business SB1388 Durazo et al. ConcurrencepassSet your home in California to see
Aug 27, 2026
Senate
That the Assembly amendments be concurred inpassSet your home in California to see
Aug 25, 2026
House
SB 1388 Durazo Senate Third Reading By CalozapassSet your home in California to see
Aug 13, 2026
House
Do pass as amended.passSet your home in California to see
Jul 1, 2026
House
Do pass as amended and be re-referred to the Committee on [Appropriations]passSet your home in California to see
May 7, 2026
Senate
Consent Calendar 2ndpassSet your home in California to see
Apr 29, 2026
Senate
Do pass and be ordered to the Consent CalendarpassSet your home in California to see

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