The Assembly Housing and Community Development Committee voted 8-0 on April 22 to send SB 417 to the Assembly Committee on Appropriations, according to the committee hearing audio. The measure would put a $10 billion affordable-housing bond on the November ballot, testimony at the hearing showed.
The hearing centered on how the bond would be structured, with public comment focusing on CalHome funding and interim-housing allocations. The record reviewed for this draft does not show the final closed roll or any later vote changes, and it is not yet clear whether amendments will be negotiated before the bill reaches Appropriations.
SB 417 now moves to the next committee stop in the Assembly budget process.
