Enterprise is proud to champion and support a list of several key legislative and budget efforts in this year’s California legislative session. This work prioritizes meeting the scale of our housing needs through production and preservation, securing ongoing funding, and ensuring accountability between the state and local government.
Through sufficient investment in permanent, accessible housing options and supportive programs, we expand the impact of work that strives to prevent and end homelessness and provide essential services that keep families and individuals housed. We advocate for policies that would make building and preserving affordable housing easier, elevate housing investments as a priority, and deepen our regional approach to housing solutions for all.
Enterprise is co-sponsoring SB 225: Community Anti-Displacement and Preservation Program (CAPP), alongside our Stable Homes Coalition partners Housing California and Public Advocates. We are proud to share that the bill passed out of both Senate policy committees, and we look forward to its continued support on the Senate Floor.
This longstanding Enterprise priority will prevent displacement and homelessness by financing the acquisition of currently unsubsidized rental housing and preserving it as affordable while stabilizing current residents. Check out the SB 225 fact sheet to learn more, and complete this form in support of this effort.
Enterprise is also co-sponsoring AB 1319: Modifications to the Bay Area Housing Finance Authority, authored by Assemblymember Wicks, which provides technical improvements to the enabling legislation for the Bay Area Housing Finance Authority (BAHFA). We are co-sponsoring this bill alongside the Metropolitan Transportation Commission, the Associations of Bay Area Governments, and the Nonprofit Housing Association of Northern California (NPH), with whom we are gearing up for a transformational regional affordable housing bond in November 2024.
Additionally, we submitted the 2023-24 Housing and Homelessness Budget Blueprint to the Governor’s Office and Legislative leadership earlier this year and have resubmitted our letter with over 150 housing and homelessness organizations in support. As a coalition, we held a Social Media Day of Action on April 18 with a tweetstorm ahead of the Governor’s May Revise, with the purpose of encouraging our legislative leaders to protect our progress and prioritize proven solutions.
Check out the Action using the hashtags #HousingForAll and #CABudget. We also encourage our partners to continue supporting this effort and sign on to this coalition budget letter here: Sign on to Support: 2023-24 Housing and Homelessness Budget Blueprint.
For more information on our legislative and budget efforts, contact Justine Marcus.