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Committee advances bill to reward local preservation of naturally occurring affordable housing

2940301 · April 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

AB 670 would allow local governments to count investments in preserving naturally occurring affordable housing (NOAH) toward their housing element goals and require jurisdictions to report all housing demolitions and compliance with replacement and relocation rules; sponsors said the change encourages preservation alongside production.

Assemblymember Quirk Silva presented AB 670 to the Local Government Committee, saying the bill strengthens housing-stability tools by enabling jurisdictions to count investments that preserve naturally occurring affordable housing toward housing-element and Annual Progress Report (APR) metrics.

Quirk Silva said private equity and corporate investors have targeted older…

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