1:02 → 5:21(4m 19s)
Chairwoman Hurtado opened the Subcommittee in Room 113 and framed the hearing as focused on affordable housing and civil rights; she highlighted the Senate's 2026 budget foundation that differs from the governor by proposing $2,000,000,000 for housing (split roughly $1,000,000,000 for multifamily production and $1,000,000,000 for homeownership programs) and full funding for rounds 7 and 8 of the Homeless Housing Assistance and Prevention (HHAP) program. She noted no votes on the Senate plan today and invited public comment later.
The Senate Budget and Fiscal Review Subcommittee No. 4 heard administration presentations and stakeholder testimony on a proposal to restructure California's affordable housing finance system (creating a Housing Development and Finance Committee to pair state subsidies with bonds and tax credits), an informational report from CDLAC/TCAC on federal tax-credit changes, updates and oversight on civil‑rights programs (including California versus Hate) and a trailer‑bill request to allow HCD to adjust mobile‑home fees by CPI (with a rounding provision). Lawmakers asked for more detail on funding, guardrails and program impacts; no votes were taken and multiple items were held open.
