AB 2053 — The Social Housing Act
This bill would establish the California Housing Authority, an independent state body, and authorize this authority to construct housing and lease it to a mix of household income ranges through an ownership and rental model. The Authority would adjust the rent or mortgage payments so each household would pay no more than 30% of their income on rent or buy a home.
The operation of this Authority is required to be revenue neutral through cross-subsidization — meaning the revenue from the rents paid by moderate and above moderate-income households would subsidize the below-market rate rents paid by low-income households. This borrows best practices from the most successful social housing programs in the world to establish a durable and equitable funding source to house Californians of all income levels across the state, such as those in Singapore and Vienna.
Authors: Lee (D, AD 25)
Contact your legislator
Sign our petition to urge your legislators to support our 2023 legislative priorities.
Donate to support our agenda
Donate now to support housing for everyone.
Join our Team
Sign up for our Rapid Response Team.