Fabio
95 lines
6.9 KiB
Markdown
95 lines
6.9 KiB
Markdown
---
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type: "Bill"
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title: "Multifamily Housing Program: supportive housing: capitalized operating reserves."
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description: "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 financial assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects. Existing law establishes eligible cost categories for the Multifamily Housing Program, which include capitalized reserves for replacement and operation. In this regard, existing law authorizes the department to allow capitalized operating reserves to be used for rent subsidies for assisted units, as specified."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20232024"
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identifier: "SB 482"
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citation: "California SB 482 (20232024)"
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classification: ["bill"]
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subjects: ["Multifamily Housing Program", "capitalized operating reserves", "supportive housing"]
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status: "enacted"
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primary_sponsors: ["Blakespear"]
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version_count: 6
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action_count: 26
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vote_count: 8
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first_action: "2023-02-14"
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last_action: "2023-10-11"
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source: "openstates"
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source_identifier: "ocd-bill/57ebb0f8-7857-40d9-bfb4-37ff005298e7"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB482"
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source_hash: "92c73ff4ee2d8ffdf1c887564e3e701bb1afff5cf139b8d91e9e007fa8f7ebb2"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ca"]
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---
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# California SB 482 (20232024) — Multifamily Housing Program: supportive housing: capitalized operating reserves.
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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 financial assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects. Existing law establishes eligible cost categories for the Multifamily Housing Program, which include capitalized reserves for replacement and operation. In this regard, existing law authorizes the department to allow capitalized operating reserves to be used for rent subsidies for assisted units, as specified.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **02/14/23 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB482&version=20230SB48299INT)
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2. **06/30/23 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB482&version=20230SB48298AMD)
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3. **09/01/23 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB482&version=20230SB48297AMD)
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4. **10/11/23 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB482&version=20230SB48295CHP)
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5. **SB482** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB482)
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6. **09/18/23 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202320240SB482&version=20230SB48296ENR)
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## Votes
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- Special Consent — **40–0** (pass) · upper
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- Do pass, but first be re-referred to the Committee on [Appropriations] — **10–0** (pass) · upper
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- Do pass — **7–0** (pass) · upper
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- Placed on suspense file — **6–0** (pass) · upper
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- SB 482 Blakespear Senate Third Reading By Blanca Rubio — **80–0** (pass) · lower
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- Do pass as amended. — **11–0** (pass) · lower
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- Do pass as amended and be re-referred to the Committee on [Appropriations] — **8–0** (pass) · lower
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- Unfinished Business SB482 Blakespear Concurrence — **40–0** (pass) · upper
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## Sponsors
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- Blakespear — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-02-14** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
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- **2023-02-15** From printer. May be acted upon on or after March 17.
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- **2023-02-22** Referred to Com. on HOUSING. `referral-committee`
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- **2023-03-30** Set for hearing April 18.
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- **2023-04-19** From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0. Page 797.) (April 18). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2023-04-21** Set for hearing May 1.
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- **2023-05-01** May 1 hearing: Placed on APPR suspense file.
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- **2023-05-12** Set for hearing May 18.
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- **2023-05-18** From committee: Do pass. (Ayes 7. Noes 0. Page 1172.) (May 18). `committee-passage, committee-passage-favorable`
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- **2023-05-18** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2023-05-23** Ordered to special consent calendar.
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- **2023-05-25** Read third time. Passed. (Ayes 40. Noes 0. Page 1300.) Ordered to the Assembly. `passage, reading-1, reading-3`
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- **2023-05-25** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2023-06-08** Referred to Com. on H. & C.D. `referral-committee`
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- **2023-06-29** From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (June 28). `amendment-passage, committee-passage, committee-passage-favorable`
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- **2023-06-30** Read second time and amended. Re-referred to Com. on APPR. `amendment-passage, reading-1, reading-2, referral-committee`
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- **2023-08-16** August 16 set for first hearing. Placed on suspense file.
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- **2023-09-01** From committee: Do pass as amended. (Ayes 11. Noes 0.) (September 1). `amendment-passage, committee-passage, committee-passage-favorable`
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- **2023-09-01** Read second time and amended. Ordered to second reading. `amendment-passage, reading-1, reading-2`
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- **2023-09-05** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2023-09-13** Read third time. Passed. (Ayes 80. Noes 0. Page 3431.) Ordered to the Senate. `passage, reading-1, reading-3`
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- **2023-09-13** In Senate. Concurrence in Assembly amendments pending.
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- **2023-09-14** Assembly amendments concurred in. (Ayes 40. Noes 0. Page 2844.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable`
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- **2023-09-21** Enrolled and presented to the Governor at 4 p.m.
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- **2023-10-11** Approved by the Governor. `executive-signature`
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- **2023-10-11** Chaptered by Secretary of State. Chapter 780, Statutes of 2023. `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/57ebb0f8-7857-40d9-bfb4-37ff005298e7`. Confidence: reported (aggregated from official California legislature records).
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