---
type: "Bill"
title: "Low and Moderate Income Housing Fund: affordability covenants and restrictions."
description: "Low and Moderate Income Housing Fund: affordability covenants and restrictions."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20072008"
identifier: "AB 987"
citation: "California AB 987 (20072008)"
classification: ["bill"]
subjects: ["Low and Moderate Income Housing Fund: affordability covenants and restrictions."]
status: "enacted"
primary_sponsors: ["Jones"]
version_count: 11
action_count: 28
vote_count: 7
first_action: "2007-02-22"
last_action: "2007-10-14"
source: "openstates"
source_identifier: "ocd-bill/95cb820b-ec4a-42a3-ab29-e6a23abfa40a"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200720080AB987"
source_hash: "f4ae30dda718728695ef3a6e2ba5de0e21a6be882324ae99c06b4204675fafad"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---

# California AB 987 (20072008) — Low and Moderate Income Housing Fund: affordability covenants and restrictions.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **02/22/07 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98799INT)
2. **04/17/07 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98798AMD)
3. **06/05/07 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98797AMD)
4. **06/18/07 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98796AMD)
5. **06/19/07 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98795AMD)
6. **07/03/07 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98794AMD)
7. **08/27/07 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98793AMD)
8. **08/30/07 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98792AMD)
9. **10/14/07 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98790CHP)
10. **AB987** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=200720080AB987)
11. **09/14/07 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=200720080AB987&version=20070AB98791ENR)

## Votes

- AB 987 JONES Assembly Third Reading — **pass** (pass) · lower
- Do pass as amended. — **pass** (pass) · upper
- Assembly 3rd Reading AB987 Jones By Torlakson — **pass** (pass) · upper
- Do pass as amended, and re-refer to the Committee on Judiciary. — **pass** (pass) · upper
- AB 987 JONES Concurrence in Senate Amendments — **pass** (pass) · lower
- Do pass as amended and be re-referred to the Committee on Housing and Community Development. — **pass** (pass) · lower
- Do pass. — **pass** (pass) · lower

## Sponsors

- Jones — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2007-02-22** Read first time. To print. `reading-1`
- **2007-02-23** From printer. May be heard in committee March 25.
- **2007-03-12** Referred to Standing Committee on Judiciary and Standing Committee on Housing and Community Development. `referral-committee`
- **2007-04-16** From committee: Amend, do pass as amended, and re-refer to Standing Committee on Housing and Community Development (Ayes 8. Noes 2.) (April 10). `amendment-introduction, committee-passage, amendment-passage, referral-committee`
- **2007-04-17** Read second time and amended. `reading-1, reading-2, amendment-passage`
- **2007-04-18** Re-referred to Standing Committee on Housing and Community Development. `referral-committee`
- **2007-04-25** From committee: Do pass. (Ayes 5. Noes 2.) (April 25). `committee-passage, committee-passage-favorable`
- **2007-04-26** Read second time. To third reading. `reading-1, reading-2`
- **2007-05-03** Read third time, passed, and to Senate. (Ayes 44. Noes 29. Page 1311.) `passage, reading-1, reading-3`
- **2007-05-03** In Senate. Read first time. To Standing Committee on Rules for assignment. `reading-1`
- **2007-05-09** Referred to Standing Committee on Transportation and Housing and Standing Committee on Judiciary. `referral-committee`
- **2007-06-05** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Standing Committee on Transportation and Housing. `reading-1, reading-2, amendment-introduction, referral-committee, amendment-passage`
- **2007-06-14** From committee: Amend, do pass as amended, and re-refer to Standing Committee on Judiciary (Ayes 7. Noes 4.) . `amendment-introduction, committee-passage, amendment-passage, referral-committee`
- **2007-06-18** Read second time, amended, and re-referred to Standing Committee on Judiciary. `reading-2, reading-1, amendment-passage, referral-committee`
- **2007-06-19** From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Standing Committee on Judiciary. `reading-1, reading-2, amendment-introduction, referral-committee, amendment-passage`
- **2007-07-02** From committee: Amend, and do pass as amended. (Ayes 3. Noes 2.) . `amendment-introduction, committee-passage, amendment-passage`
- **2007-07-03** Read second time, amended, and to third reading. `reading-1, reading-2, amendment-passage`
- **2007-08-27** Read third time, amended. To second reading. `reading-1, reading-3, amendment-passage`
- **2007-08-28** Read second time. To third reading. `reading-1, reading-2`
- **2007-08-30** Read third time, amended. To second reading. `reading-1, reading-3, amendment-passage`
- **2007-08-31** Read second time. To third reading. `reading-1, reading-2`
- **2007-09-05** Read third time, passed, and to Assembly. (Ayes 22. Noes 15. Page 2333.) `passage, reading-1, reading-3`
- **2007-09-05** In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 7 pursuant to Assembly Rule 77.
- **2007-09-06** Assembly Rule 77 suspended. (Page 2997.)
- **2007-09-07** Senate amendments concurred in. To enrollment. (Ayes 48. Noes 29. Page 3074.) `committee-passage-favorable, amendment-passage`
- **2007-09-18** Enrolled and to the Governor at 3:30 p.m.
- **2007-10-14** Approved by the Governor. `executive-signature`
- **2007-10-14** Chaptered by Secretary of State - Chapter 690, Statutes of 2007.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/95cb820b-ec4a-42a3-ab29-e6a23abfa40a`. Confidence: reported (aggregated from official California legislature records).