California · 2025–26 Regular Session · Assembly Bill
AB 2626: Housing programs: financing.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
AB 2626 is a assembly bill introduced in the California Assembly on February 20, 2026. According to its official title, it concerns: Housing programs: financing. Primary sponsor: Jesse Gabriel (D). Most recent recorded action (August 13, 2026): In committee: Held under submission.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.
Existing law establishes the Department of Housing and Community Development and requires it to administer various programs intended to promote the development of housing, as specified, pursuant to which the department provides financial assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects. Existing law sets forth various general powers of the department in implementing these programs, including authorizing the department to enter into long-term contracts or agreements of up to 30 years for the purpose of servicing loans or grants or enforcing regulatory agreements or other security documents.
This bill would permit the department to waive payment of residual receipts or minimum annual loan payments used to cover the cost of project monitoring required under a department regulatory agreement, based on the assessment by the department’s actual cost in combination with a project’s ability to pay.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jesse Gabriel | Primary sponsor | Democratic | Assembly | 46 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- In committee: Held under submission.
- In committee: Referred to APPR. suspense file.
- From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 10. Noes 0.) (June 24). Re-referred to Com. on APPR.
- From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HOUSING.
- Referred to Com. on HOUSING.
- In Senate. Read first time. To Com. on RLS. for assignment.
- Read third time. Passed. Ordered to the Senate. (Ayes 69. Noes 1. Page 5477.)
- Read second time. Ordered to third reading.
- From committee: Do pass. (Ayes 13. Noes 1.) (May 14).
- In committee: Set, first hearing. Referred to APPR. suspense file.
- From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 15). Re-referred to Com. on APPR.
- In committee: Set, first hearing. Hearing canceled at the request of author.