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Commission votes to seek State—s final determination on $1.5 billion replacement‑housing obligation under SB 2113
Summary
The commission authorized staff to petition the California Department of Finance for a final and conclusive determination that SB 2113 established an enforceable replacement‑housing obligation (HCD certified ~6,709 destroyed units; ~5,800 units remain), enabling use of tax increment and debt to replace destroyed housing.
The Commission on Community Investment and Infrastructure voted Oct. 15 to authorize submission of a petition to the California Department of Finance asking for a final and conclusive determination that Senate Bill 2113 established an enforceable replacement‑housing obligation for units destroyed during urban renewal.
Deputy Director Jim Morales summarized the statutory background and the petition process under AB 1484, telling the commission that the agency has previously submitted final and conclusive determination requests for other projects and believes the agency meets the criteria for SB 2113. "We estimate at this point…
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