republic-os/legislation/us/states/ca/20172018/ab-2562.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Department of Housing and Community Development loans.	Existing law, the Multifamily Housing Program, is administered by the Department of Housing and Community Development to address renter housing needs through an omnibus multifamily housing program. Under the program, assistance provided to a project is required to be provided in the form of a deferred payment loan to pay for the eligible costs of development. Existing law, subject to specified terms, authorizes the department to approve an extension of an existing loan, the subordination of an existing loan to new debt, or an investment of tax credit equity if the rental housing development is being operated in a manner consistent with the regulatory agreement and the development requires an extension in order to continue to operate in that manner. Existing law also authorizes the department to reduce the interest rate on any loan issued by the department to a rental housing development to as low as 0.42% per annum, or a rate determined by the department that is sufficient to cover the costs of project monitoring, whichever is greater, if the development meets specified requirements regarding, among other things, debt and household income.	us/states/ca	California Legislature	20172018	AB 2562	California AB 2562 (20172018)	bill	Department of Housing and Community Development loans.	enacted	Mullin	10	30	8	2018-02-15	2018-09-26	openstates	ocd-bill/c51eaa66-7cb8-4b30-b407-0a165008e195	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB2562	8479346acce903e5b2b6c68af52e250e7607f0cffbb76c1069d460b22432e2a2	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 2562 (20172018) — Department of Housing and Community Development loans.

Existing law, the Multifamily Housing Program, is administered by the Department of Housing and Community Development to address renter housing needs through an omnibus multifamily housing program. Under the program, assistance provided to a project is required to be provided in the form of a deferred payment loan to pay for the eligible costs of development. Existing law, subject to specified terms, authorizes the department to approve an extension of an existing loan, the subordination of an existing loan to new debt, or an investment of tax credit equity if the rental housing development is being operated in a manner consistent with the regulatory agreement and the development requires an extension in order to continue to operate in that manner. Existing law also authorizes the department to reduce the interest rate on any loan issued by the department to a rental housing development to as low as 0.42% per annum, or a rate determined by the department that is sufficient to cover the costs of project monitoring, whichever is greater, if the development meets specified requirements regarding, among other things, debt and household income.

Version chain

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

1. 02/15/18 - Introduced (filed) — source
2. 03/14/18 - Amended Assembly (committee substitute) — source
3. 04/26/18 - Amended Assembly (committee substitute) — source
4. 06/11/18 - Amended Senate (committee substitute) — source
5. 06/18/18 - Amended Senate (committee substitute) — source
6. 08/17/18 - Amended Senate (committee substitute) — source
7. 08/22/18 - Amended Senate (committee substitute) — source
8. 09/26/18 - Chaptered (committee substitute) — source
9. AB2562 (committee substitute) — source
10. 08/31/18 - Enrolled (enrolled) — source

Votes

• Do pass as amended and be re-referred to the Committee on [Appropriations] — 6–1 (pass) · lower
• Placed on suspense file — 7–0 (pass) · upper
• AB 2562 MULLIN Assembly Third Reading — 54–24 (pass) · lower
• Do pass. — 12–4 (pass) · lower
• AB 2562 MULLIN Concurrence in Senate Amendments — 57–23 (pass) · lower
• Do pass as amended — 5–2 (pass) · upper
• 3rd Reading AB2562 Mullin et al. By Wiener — 27–12 (pass) · upper
• Do pass, but first be re-referred to the Committee on [Appropriations] — 9–3 (pass) · upper

Sponsors

• Mullin — primary (person)
• Arambula — coauthor (person)
• Atkins — coauthor (person)
• Wiener — coauthor (person)

Timeline

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

• 2018-02-15 Read first time. To print. reading-1
• 2018-02-16 From printer. May be heard in committee March 18.
• 2018-03-05 Referred to Com. on H. & C.D. referral-committee
• 2018-03-14 From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended. amendment-introduction, amendment-passage, reading-2, reading-1
• 2018-03-15 Re-referred to Com. on H. & C.D. referral-committee
• 2018-04-25 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (April 25). amendment-passage, committee-passage, amendment-introduction
• 2018-04-26 Read second time and amended. reading-1, amendment-passage, reading-2
• 2018-04-30 Re-referred to Com. on APPR. referral-committee
• 2018-05-16 In committee: Set, first hearing. Referred to APPR. suspense file. referral-committee
• 2018-05-25 From committee: Do pass. (Ayes 12. Noes 4.) (May 25). committee-passage-favorable, committee-passage
• 2018-05-25 Read second time. Ordered to third reading. reading-2, reading-1
• 2018-05-30 Read third time. Passed. Ordered to the Senate. (Ayes 54. Noes 24. Page 5514.) reading-3, passage, reading-1
• 2018-05-31 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2018-06-07 Referred to Com. on T. & H. referral-committee
• 2018-06-11 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on T. & H. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
• 2018-06-12 In committee: Hearing postponed by committee.
• 2018-06-18 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on T. & H. amendment-passage, referral-committee, reading-2, reading-1, amendment-introduction
• 2018-06-27 From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 3.) (June 26). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
• 2018-08-06 In committee: Referred to APPR. suspense file. referral-committee
• 2018-08-17 From committee: Amend, and do pass as amended. (Ayes 5. Noes 2.) (August 16). amendment-passage, committee-passage, amendment-introduction
• 2018-08-17 Read second time and amended. Ordered returned to second reading. reading-1, amendment-passage, reading-2
• 2018-08-20 Read second time. Ordered to third reading. reading-2, reading-1
• 2018-08-22 Read third time and amended. Ordered to second reading. amendment-passage, reading-3, reading-1
• 2018-08-23 Read second time. Ordered to third reading. reading-2, reading-1
• 2018-08-27 Read third time. Passed. Ordered to the Assembly. (Ayes 27. Noes 12. Page 5813.). reading-3, passage, reading-1
• 2018-08-27 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 29 pursuant to Assembly Rule 77.
• 2018-08-29 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 57. Noes 23. Page 6805.). committee-passage-favorable, amendment-passage
• 2018-09-07 Enrolled and presented to the Governor at 2:30 p.m.
• 2018-09-26 Approved by the Governor. executive-signature
• 2018-09-26 Chaptered by Secretary of State - Chapter 765, Statutes of 2018.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c51eaa66-7cb8-4b30-b407-0a165008e195. Confidence: reported (aggregated from official California legislature records).