(from Capitol Express of Enterprise Community Partners) On June 7, the House Appropriations Subcommittee on Transportation, Housing, and Urban Development (THUD) marked up its fiscal year (FY) 2013 appropriations bill.
(from Housing CA.) Budget negotiations are consuming Capitol. In the run-up to the June 15th budget deadline, we continue to work closely with legislators and their staffs to propose reasonable modifications to the redevelopment trailer bill language drafted by the governor's Department of Finance.
Make some noise on redevelopment and join the statewide phone-in campaign! Sacramento budget negotiations are entering a crucial phase: by June 15, the governor and legislative leadership will decide whether to sweep the redevelopment housing funds. Although we suffered a blow when Governor Brown proposed to sweep the money in early May, we still have strong champions fighting to keep the low-mod housing funds for their intended purpose.
The HOMeS Act Passes Senate Appropriations and is now headed for a floor vote by the full Senate. The Senate could vote on the bill any time starting Tuesday, May 29th. In order to pass, the bill must get a 2/3rds vote by Friday, June 1st.
This morning, SB 1220 (the HOMeS Act) passed out of the Senate Appropriations Committee on a 5-2 party-line vote. (Ayes: Kehoe, Alquist, Lieu, Price, Steinberg / Nos: Walters and Dutton).
From what we can tell based on the press conference this week, the governor’s budget assumes the Low and Moderate RDA Housing Funds (L&M) will be swept to local taxing entities. We’re working on a back-up plan with the State Assembly to preserve at least the amount needed for development in 2012-13 and, hopefully, 2013-14. To determine these figures, we need additional information from any organizations with threatened projects.