California Government Code

§ 65400.2

GOV § 65400.2 Effective Jan 1, 2022Div. 1 · Title 7 · Ch. 3 · Art. 7

Statute text

(a)For purposes of the housing element portion of the annual report required by paragraph (2) of subdivision (a) of Section 65400, for up to 25 percent of a jurisdiction’s moderate-income regional housing need allocation, the planning agency may include the number of units in an existing multifamily building that were converted to deed-restricted rental housing for moderate-income households by the imposition of affordability covenants and restrictions for the unit. The report shall clearly indicate that these were not newly constructed units, and shall provide all relevant project- and unit-level information as described in subparagraph (H) of paragraph (2) of subdivision (a) of Section 65400.

(b)For purposes of this section, a unit may be reported as a converted unit under subdivision (a) only if all of the following apply to the unit:

(1)The rent for the unit prior to conversion was not affordable to very low, low-, or moderate-income households.

…

Legislative history

Added by Stats. 2021, Ch. 350, Sec. 1. (AB 787) Effective January 1, 2022.