Under existing law, the California Housing Finance Agency (CalHFA) administers the Accessory Dwelling Unit Program, for the purpose of assisting homeowners in qualifying for loans to construct accessory dwelling units and junior accessory dwelling units on the homeowners' property and increasing access to capital for homeowners interested in building accessory dwelling units. Existing law requires the CalHFA to convene a working group to develop recommendations for the program, as specified.
This bill would require CalHFA to evaluate the program and report CalHFA's findings to the Legislature by January 1, 2025.

Statutes affected:
02/14/23 - Introduced: 65852.22 GOV
03/15/23 - Amended Assembly: 51531 HSC, 51531 HSC, 65852.22 GOV
03/30/23 - Amended Assembly: 51531 HSC
05/18/23 - Amended Assembly: 51531 HSC
AB 932: 65852.22 GOV