CA SB 1388
enactedAffordable Housing Risk Reduction Program.
California · 2025-2026 Regular Session · upper
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Quick answers
Did CA SB 1388 pass?
Yes. CA SB 1388 has been enacted into law. Latest recorded action (2026-09-30): Chaptered by Secretary of State. Chapter 1034, Statutes of 2026.
What is CA SB 1388 about?
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 assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects, as provided. This bill would establish the Affordable Housing Risk Reduction Program, administered by the department, to provide technical assistance and supportive resources to affordable housing providers to help them mitigate risk in their portfolio and secure more affordable insurance options. The bill would require the department to develop technical assistance to support affordable housing providers, and would authorize the department and third-party consultants to provide both individual technical assistance to affordable housing providers and develop technical assistance tools that can be made broadly accessible to those providers.
Who sponsors CA SB 1388?
Durazo is the primary sponsor of CA SB 1388, joined by 1 cosponsor.
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 assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects, as provided. This bill would establish the Affordable Housing Risk Reduction Program, administered by the department, to provide technical assistance and supportive resources to affordable housing providers to help them mitigate risk in their portfolio and secure more affordable insurance options. The bill would require the department to develop technical assistance to support affordable housing providers, and would authorize the department and third-party consultants to provide both individual technical assistance to affordable housing providers and develop technical assistance tools that can be made broadly accessible to those providers.
- Introduced
- 2026-02-20
- Latest action
- 2026-09-30 — Chaptered by Secretary of State. Chapter 1034, Statutes of 2026.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Durazoauthor
- Calozacoauthor
Committees
Not provided by source.
Action timeline
Newest first
2026-09-30
Chaptered by Secretary of State. Chapter 1034, Statutes of 2026.
became-law
2026-09-30
Approved by the Governor.
executive-signature
2026-09-04
Enrolled and presented to the Governor at 2 p.m.
executive-receipt
2026-08-28
Assembly amendments concurred in. (Ayes 30. Noes 10.) Ordered to engrossing and enrolling.
amendment-passage,committee-passage,committee-passage-favorable
2026-08-27
From committee: That the Assembly amendments be concurred in. (Ayes 8. Noes 2.)
committee-passage
2026-08-26
From committee: Be re-referred to Com. on HOUSING pursuant to Senate Rule 29.10(d). (Ayes 5. Noes 0.) Re-referred to Com. on HOUSING.
committee-passage,referral-committee
2026-08-26
Re-referred to Com. on RLS. pursuant to Senate Rule 29.10(d).
referral-committee
2026-08-26
From committee: Be re-referred to Com. on HOUSING pursuant to Senate Rule 29.10(d). (Ayes 5. Noes 0. Page 5823.) Re-referred to Com. on HOUSING.
committee-passage,referral-committee
2026-08-25
Read third time. Passed. Ordered to the Senate.
passage,reading-1,reading-3
2026-08-25
In Senate. Concurrence in Assembly amendments pending.
2026-08-25
Read third time. Passed. (Ayes 63. Noes 11. Page 6477.) Ordered to the Senate.
passage,reading-1,reading-3
2026-08-21
Ordered to third reading.
reading-1,reading-3
2026-08-21
Read third time and amended.
amendment-passage,reading-1,reading-3
2026-08-21
Assembly Rule 69(b)(1) suspended.
2026-08-21
Assembly Rule 69(b)(1) suspended. (Ayes 55. Noes 17. Page 6296.)
2026-08-17
Read second time. Ordered to third reading.
reading-1,reading-2,reading-3
2026-08-13
From committee: Do pass as amended. (Ayes 11. Noes 2.) (August 13).
amendment-passage,committee-passage,committee-passage-favorable
2026-08-13
Read second time and amended. Ordered to second reading.
amendment-passage,reading-1,reading-2
2026-08-13
Assembly Rule 63 suspended.
2026-08-05
August 5 set for first hearing. Placed on suspense file.
2026-07-02
Read second time and amended. Re-referred to Com. on APPR.
amendment-passage,reading-1,reading-2,referral-committee
2026-07-01
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 1.) (July 1).
amendment-passage,committee-passage,committee-passage-favorable,referral-committee
2026-06-22
Re-referred to Com. on H. & C.D. pursuant to Assembly Rule 96.
referral-committee
2026-06-18
From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS.
amendment-passage,committee-passage,reading-1,reading-2,referral-committee
2026-06-15
Re-referred to Coms. on INS. and H. & C.D. pursuant to Assembly Rule 96.
referral-committee
2026-06-11
From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV.
amendment-passage,committee-passage,reading-1,reading-2,referral-committee
2026-05-18
Referred to Com. on L. GOV.
referral-committee
2026-05-07
In Assembly. Read first time. Held at Desk.
reading-1
2026-05-07
Read third time. Passed. (Ayes 36. Noes 0. Page 4167.) Ordered to the Assembly.
passage,reading-1,reading-3
2026-04-30
Read second time. Ordered to consent calendar.
reading-1,reading-2
2026-04-29
From committee: Do pass. Ordered to consent calendar. (Ayes 7. Noes 0. Page 4096.) (April 29).
committee-passage,committee-passage-favorable
2026-04-09
Set for hearing April 29.
2026-03-04
Referred to Com. on L. GOV.
referral-committee
2026-02-23
From printer. May be acted upon on or after March 23.
2026-02-23
Read first time.
reading-1
2026-02-20
Introduced. To Com. on RLS. for assignment. To print.
introduction,referral-committee
Versions
- 02/20/26 - Introduced — 2026-02-20Compare
- 06/11/26 - Amended Assembly — 2026-06-11Compare
- 06/18/26 - Amended Assembly — 2026-06-18Compare
- 07/02/26 - Amended Assembly — 2026-07-02Compare
- 08/13/26 - Amended Assembly — 2026-08-13Compare
- 08/21/26 - Amended Assembly — 2026-08-21Compare
- 08/31/26 - Enrolled — 2026-08-31Compare
- 09/30/26 - Chaptered — 2026-09-30Compare
- (document, no version)Compare
- SB1388Compare
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Votes
Do pass and be ordered to the Consent Calendar
2026-04-29 · pass · 7-0
Member-level votes (7)
- Choi: yes
- Cervantes: yes
- Laird: yes
- Durazo: yes
- Seyarto: yes
- Arreguín: yes
- Ashby: yes
Consent Calendar 2nd
2026-05-07 · pass · 36-0
Member-level votes (40)
- Strickland: yes
- Pérez: yes
- Laird: yes
- Menjivar: yes
- Hurtado: yes
- Arreguín: yes
- McGuire: yes
- Padilla: yes
- Seyarto: yes
- Cabaldon: yes
- Durazo: yes
- Rubio: yes
- Becker: yes
- Ashby: yes
- Weber Pierson: yes
- Dahle: yes
- Archuleta: yes
- Richardson: yes
- Choi: yes
- Cortese: yes
- Wahab: yes
- Valladares: yes
- Limón: yes
- Umberg: yes
- Allen: yes
- Caballero: yes
- Blakespear: yes
- McNerney: yes
- Ochoa Bogh: yes
- Stern: yes
- Smallwood-Cuevas: yes
- Cervantes: yes
- Reyes: yes
- Jones: yes
- Wiener: yes
- Grayson: yes
- Grove: other
- Gonzalez: other
- Alvarado-Gil: other
- Niello: other
Do pass as amended and be re-referred to the Committee on [Appropriations]
2026-07-01 · pass · 10-1
Member-level votes (12)
- Patterson: yes
- Lee: yes
- Wilson: yes
- Wicks: yes
- Haney: yes
- Kalra: yes
- Quirk-Silva: yes
- Schultz: yes
- Ávila Farías: yes
- Caloza: yes
- Tangipa: no
- Ta: other
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-10-03T21:37:40.021669Z
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