California AB 57: Telecommunications: wireless telecommunication facilities.

Bill Text

• 

• 

• 

• 

• 

• 
 Bill Text - AB-57 California Dream for All Program: descendants of formerly enslaved people.

• 

• skip to content

• home

• accessibility

• FAQ

• feedback

• sitemap

• login

• x

 Quick Search:

 Bill Number
 Bill Keyword

• 

• 

• 

• 

• 

• Home

• Bill Information

• California Law

• Publications

• Other Resources

• My Subscriptions

• My Favorites

• Bill Information
 >>

• Bill Search
 >>

• Text

 Bill Text

 PDF2
 Bill PDF

 |Add To My Favorites |Track Bill | Version: 09/11/25 - Enrolled
 08/29/25 - Amended Senate
 06/24/25 - Amended Senate
 04/23/25 - Amended Assembly
 03/27/25 - Amended Assembly
 03/03/25 - Amended Assembly
 02/24/25 - Amended Assembly
 12/02/24 - Introduced

 AB-57 California Dream for All Program: descendants of formerly enslaved people.(2025-2026)

 Text

 >>

 Votes

 >>

 History
 >>

 Bill Analysis
 >>

 Today's Law As Amended
 >>

 Compare Versions
 >>

 Status
 >>

 Comments To Author

 >>

 Track Bill
 >>

 Add To My Favorites
 >>

 SHARE THIS:

 Date Published: 09/11/2025 02:00 PM

AB57:v92#DOCUMENTBill Start

 Enrolled
 September 11, 2025

 Passed
 IN 
 Senate
 September 08, 2025

 Passed
 IN 
 Assembly
 September 09, 2025

 Amended
 IN 
 Senate
 August 29, 2025

 Amended
 IN 
 Senate
 June 24, 2025

 Amended
 IN 
 Assembly
 April 23, 2025

 Amended
 IN 
 Assembly
 March 27, 2025

 Amended
 IN 
 Assembly
 March 03, 2025

 Amended
 IN 
 Assembly
 February 24, 2025

 CALIFORNIA LEGISLATURE—
 2025–2026 REGULAR SESSION

 Assembly Bill

No. 57

Introduced by Assembly Member McKinnor
(Coauthors: Assembly Members Bonta, Bryan, Elhawary, Gipson, Jackson, Kalra, Ortega, Ransom, Sharp-Collins, and Wilson)
(Coauthors: Senators Richardson, Smallwood-Cuevas, and Weber Pierson)

December 02, 2024

An act to amend Section 51523 of the Health and Safety Code, relating to housing. 

LEGISLATIVE COUNSEL'S DIGEST

AB 57, McKinnor.
 California Dream for All Program: descendants of formerly enslaved people.

Existing law establishes the California Housing Finance Agency in the Department of Housing and Community Development, and authorizes the agency to, among other things, make loans to finance affordable housing, including residential structures, housing developments, multifamily rental housing, special needs housing, and other forms of housing, as specified. Existing law establishes the California Dream for All Program to provide shared appreciation loans to qualified first-time homebuyers, as specified. Existing law establishes in the State Treasury the California Dream for All Fund, which is continuously appropriated for expenditure pursuant to the program, as specified.

This bill would require, upon establishment of the certification process for the descendants of American slavery established by the Bureau for Descendants of American
 Slavery, at least 10% of the moneys in the fund to be reserved for applicants who meet the requirements for a loan under the program and have been certified as descendants of formerly enslaved people, as specified.

This bill would become operative only if SB 518 of the 2025–26 Regular Session is enacted and takes effect on or before January 1, 2027, and establishes the Bureau for Descendants for American Slavery.

Digest Key

 Vote:
 MAJORITY 
 Appropriation:
 NO 
 Fiscal Committee:
 YES 
 Local Program:
 NO 

Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 51523 of the Health and Safety Code is amended to read:

51523.

 (a) The California Dream for All Program is hereby established to provide shared appreciation loans to qualified first-time homebuyers. The program shall be limited to providing assistance to low- and moderate-income homebuyers in the purchase of owner-occupied homes. The agency, subject to the availability of funds for the purposes of this chapter, shall implement and administer the California Dream for All Program in accordance with this chapter.

(b) (1) In implementing this part, the agency shall adopt policies, rules, and regulations by resolution of the board of directors of the agency and consistent with this part to achieve all of the following:

(A) Provide assistance to meaningfully expand access to home ownership.

(B) Expand opportunities for California households to accumulate wealth for themselves and their families. The agency shall make any necessary program adjustments consistent with the requirements of this chapter, which may include limiting the percentage of appreciation payable under the program, to ensure that design of the loan product is not an unreasonable impediment to homeowner wealth creation.

(C) Maximize the number of households assisted over time by exploring and implementing methods for selling subordinate second mortgages originated pursuant to this chapter to investors in order to generate additional funding for the program.

(D) Establish a revolving, shared appreciation first-time homebuyer program with the goal of even