Fabio
98 lines
6.7 KiB
Markdown
98 lines
6.7 KiB
Markdown
---
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type: "Bill"
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title: "Housing programs: financing."
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description: "Existing law, the Zenovich-Moscone-Chacon Housing and Home Finance Act, among other things, establishes the Department of Housing and Community Development and requires it to administer various programs intended to promote the development of housing and to provide housing assistance and home loans. Existing law sets forth various general powers of the department in implementing these programs, including authorizing the department to enter into long-term contracts or agreements of up to 30 years for the purpose of servicing loans or grants or enforcing regulatory agreements or other security documents."
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jurisdiction: "us/states/ca"
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legislature: "California Legislature"
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session: "20252026"
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identifier: "SB 686"
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citation: "California SB 686 (20252026)"
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classification: ["bill"]
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subjects: ["Housingprograms", "financing"]
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status: "enacted"
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primary_sponsors: ["Reyes"]
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version_count: 5
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action_count: 27
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vote_count: 8
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first_action: "2025-02-21"
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last_action: "2025-10-10"
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source: "openstates"
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source_identifier: "ocd-bill/a5358523-6bac-4c93-8ab0-d8041d3792fe"
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source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB686"
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source_hash: "8abded319acd66d994e7feed4700a7660a028a30acb3e1716e45fbd70d3fbad5"
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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 686 (20252026) — Housing programs: financing.
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Existing law, the Zenovich-Moscone-Chacon Housing and Home Finance Act, among other things, establishes the Department of Housing and Community Development and requires it to administer various programs intended to promote the development of housing and to provide housing assistance and home loans. Existing law sets forth various general powers of the department in implementing these programs, including authorizing the department to enter into long-term contracts or agreements of up to 30 years for the purpose of servicing loans or grants or enforcing regulatory agreements or other security documents.
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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. **02/21/25 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB686&version=20250SB68699INT)
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2. **07/07/25 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB686&version=20250SB68698AMD)
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3. **10/10/25 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB686&version=20250SB68696CHP)
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4. **SB686** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB686)
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5. **09/16/25 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=202520260SB686&version=20250SB68697ENR)
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## Votes
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- Placed on suspense file — **6–0** (pass) · upper
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- Do pass, but first be re-referred to the Committee on [Appropriations] with the recommendation: To Consent Calendar — **11–0** (pass) · upper
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- Special Consent SB686 Reyes et al. — **40–0** (pass) · upper
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- Special Consent SB686 Reyes et al. — **38–0** (pass) · upper
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- Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — **12–0** (pass) · lower
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- Do pass — **6–0** (pass) · upper
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- SB 686 Reyes Consent Calendar Second Day — **74–0** (pass) · lower
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- Do pass. To Consent Calendar. — **15–0** (pass) · lower
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## Sponsors
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- Reyes — primary (person)
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- Grayson — coauthor (person)
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- Seyarto — coauthor (person)
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- Ward — principal coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-02-21** Introduced. To Com. on RLS. for assignment. To print. `introduction`
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- **2025-02-24** From printer. May be acted upon on or after March 24.
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- **2025-02-24** Read first time. `reading-1`
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- **2025-03-05** Referred to Com. on HOUSING. `referral-committee`
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- **2025-03-13** Set for hearing April 1.
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- **2025-04-02** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 11. Noes 0. Page 609.) (April 1). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2025-04-04** Set for hearing April 21.
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- **2025-04-21** April 21 hearing: Placed on APPR. suspense file.
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- **2025-05-16** Set for hearing May 23.
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- **2025-05-23** From committee: Do pass. (Ayes 6. Noes 0. Page 1209.) (May 23). `committee-passage, committee-passage-favorable`
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- **2025-05-23** Read second time. Ordered to third reading. `reading-1, reading-2`
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- **2025-05-27** Ordered to special consent calendar.
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- **2025-05-29** Read third time. Passed. (Ayes 38. Noes 0. Page 1328.) Ordered to the Assembly. `passage, reading-1, reading-3`
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- **2025-05-29** In Assembly. Read first time. Held at Desk. `reading-1`
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- **2025-06-05** Referred to Com. on H. & C.D. `referral-committee`
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- **2025-07-07** From committee with author's amendments. Read second time and amended. Re-referred to Com. on H. & C.D. `amendment-passage, committee-passage, reading-1, reading-2, referral-committee`
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- **2025-07-16** From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 12. Noes 0.) (July 16). Re-referred to Com. on APPR. `committee-passage, committee-passage-favorable, referral-committee`
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- **2025-08-20** Coauthors revised.
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- **2025-08-20** From committee: Do pass. Ordered to consent calendar. (Ayes 15. Noes 0.) (August 20). `committee-passage, committee-passage-favorable`
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- **2025-08-21** Read second time. Ordered to consent calendar. `reading-1, reading-2`
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- **2025-08-28** Read third time. Passed. (Ayes 74. Noes 0. Page 2777.) Ordered to the Senate. `passage, reading-1, reading-3`
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- **2025-08-28** In Senate. Concurrence in Assembly amendments pending.
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- **2025-09-09** Ordered to special consent calendar.
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- **2025-09-11** Assembly amendments concurred in. (Ayes 40. Noes 0. Page 2927.) Ordered to engrossing and enrolling. `amendment-passage, committee-passage-favorable`
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- **2025-09-22** Enrolled and presented to the Governor at 2 p.m.
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- **2025-10-10** Approved by the Governor. `executive-signature`
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- **2025-10-10** Chaptered by Secretary of State. Chapter 523, Statutes of 2025. `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/a5358523-6bac-4c93-8ab0-d8041d3792fe`. Confidence: reported (aggregated from official California legislature records).
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