As the 2023 legislative session kicks off, Enterprise is proud to be championing several key legislative and budget efforts to advance our policy priorities. These efforts focus on affordable housing production and preservation and securing resources at the state and regional level to support affordable housing, homelessness prevention, and anti-displacement.
On Jan. 19, Senator Anna M. Caballero and Assemblymember Matt Haney introduced SB 225: Community Anti-Displacement and Preservation Program (CAPP), which Enterprise is co-sponsoring alongside our Stable Homes Coalition partners Housing California and Public Advocates. SB 255 will allow mission-driven organizations to prevent displacement and create stable, permanently affordable homes across California through the acquisition and preservation of unsubsidized affordable housing. CAPP has been a longstanding Enterprise priority, recognizing the need for statewide resources to advance preservation and acquisition strategies throughout California and prevent the displacement of our most vulnerable households.
Check out the SB 225 fact sheet to learn more, and complete this form to sign on in support of this effort.
Enterprise is also co-sponsoring AB 1319, authored by Assemblymember Buffy Wicks, which provides technical improvements to the enabling legislation for the Bay Area Housing Finance Authority (BAHFA). Alongside the Metropolitan Transportation Commission, the Associations of Bay Area Governments, and the Nonprofit Housing Association of Northern California (NPH), Enterprise is proud to move this bill forward to ready the Bay Area for a transformational regional affordable housing bond in November 2024. You can learn more in the AB 1319 fact sheet and complete this form to sign on in support of this bill.
In addition to these legislative priorities, Enterprise is working with a broad coalition of affordable housing, homelessness, and housing justice organizations to call for housing and homelessness funding in their year’s budget. We also know from previous deficits and recessions that economic downturns are precisely the times when we must invest in resources for our most marginalized neighbors to prevent our housing and homelessness crisis, and its disproportionate impact on people of color, from worsening. Now is the time to build on our momentum in securing a more stable and affordable California.
We submitted the 2023-24 Housing and Homelessness Budget Blueprint to the Governor’s Office and Legislative leadership earlier this month with over 90 housing and homelessness organizations in support. We encourage our partners to 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, please contact Justine Marcus.