California Health and Safety Code
§ 50490.2
HSC § 50490.2 Effective Jun 27, 2018Div. 31 · Part 2 · Ch. 2.8
Statute text
View on leginfo.ca.gov(a)The department shall allocate 50 percent of moneys available in the Building Homes and Jobs Trust Fund described in subdivision (c) of Section 50472, and any moneys that have not yet been made available pursuant to a notice of funding availability or request for proposal as of June 30, 2018, that were previously appropriated by Item 2240-105-0001 in the Budget Act of 2016 (Chapter 23 of the Statutes of 2016) for purposes of the California Emergency Solutions Grants Program (Chapter 19 (commencing with Section 50899.1)) for expenditure by an administrative entity within each Continuum of Care service area using the most recent data available for that Continuum of Care service area. The department shall allocate the money described in the previous sentence using a formula that is based off of the formula utilized, as of June 30, 2018, for the allocation of grants pursuant to the California Emergency Solutions Grants Program (Chapter 19 (commencing with Section 50899.1)), and that includes the following formula components:
(1)The 2017 point-in-time count published by HUD that includes both sheltered and unsheltered homeless.
(2)The number of extremely low income households in rental housing that pay more than 50 percent of household income on rent, based on HUD’s most recent Comprehensive Housing Affordability Strategy dataset.
…
Legislative history
Added by Stats. 2018, Ch. 48, Sec. 4. (SB 850) Effective June 27, 2018.