TITLE 6.9. Los Angeles County Affordable Housing Solutions Agency [64700. - 64832.]
Title 6.9 added by Stats. 2022, Ch. 661, Sec. 1.
§§ 64700–64832 · 48 sections
PART 1. Formation of the Los Angeles County Affordable Housing Solutions Agency and General Powers §§ 64700–64731 · 28 sections
CHAPTER 1. General Provisions §§ 64700–64704 · 5 sections
- § 64700 This title shall be known, and may be cited, as the Los Angeles County Regional Housing Finance Act.
- § 64701 The Legislature finds and declares the following: (a) Los Angeles County is facing the most significant housing crisis in the region’s history, as tens of…
- § 64702 For purposes of this title: (a) “Agency” means the Los Angeles County Affordable Housing Solutions Agency established pursuant to Section 64710. (b) “Board”…
- § 64703 The Legislature finds and declares that providing a regional financing mechanism for affordable housing development, preservation, and renter protections in…
- § 64704 The provisions of this title are severable. If any provision of this title or its application is held invalid, that invalidity shall not affect other…
CHAPTER 2. The Los Angeles County Affordable Housing Solutions Agency and Governing Board §§ 64710–64718.2 · 16 sections
- § 64710 (a) (1) The Los Angeles County Affordable Housing Solutions Agency is hereby established with jurisdiction extending throughout the County of Los Angeles,…
- § 64711 (a) The agency shall be governed by a board of directors composed of 21 voting members and one nonvoting member, as follows: (1) Five members of the Los…
- § 64711.1 Notwithstanding subdivision (c) of Section 64711, if a member appointed by the mayor of the City of Los Angeles is not a member of the city council of that…
- § 64711.2 Every member of the board is subject to Article 2 (commencing with Section 87200) of Chapter 7 of Title 9.
- § 64711.3 (a) Except as provided in subdivision (b), each member of the board shall serve a term of four years or until a successor is appointed and qualified. A member…
- § 64711.4 (a) The board shall appoint a full-time chief executive officer who shall act for the agency under its direction and perform those duties delegated by the…
- § 64711.5 (a) The board shall appoint an inspector general to a renewable term of office of four years. The inspector general shall be removed from office by a…
- § 64712 (a) The agency may determine its organizational structure, which may include, but is not limited to, the establishment of departments, divisions, subsidiary…
- § 64713 The members of the board shall be appointed by April 1, 2023. The agency shall have no powers, duties, or responsibilities until April 1, 2023.
- § 64714 A member of the board shall exercise independent judgment on behalf of the interests of the residents, the property owners, and the public of Los Angeles…
- § 64715 (a) The board shall hold its first meeting at a time and place within Los Angeles County fixed by the Los Angeles County Clerk, as a ministerial duty. (b)…
- § 64716 (a) The board may make and enforce rules and regulations necessary for governing the board, the preservation of order, and the transaction of business,…
- § 64717 (a) Five years after the voters approve an initial ballot measure proposed pursuant to Section 64721, the board shall review the implementation of the measure.…
- § 64718 (a) The board shall form a citizens’ oversight committee that adheres to the guiding principles of ensuring that the region produce enough housing at all…
- § 64718.1 (a) The members of the citizens’ oversight committee shall be subject to the agency’s conflict-of-interest policies. The members shall have no legal action…
- § 64718.2 The committee shall, at a minimum, meet on a quarterly basis to carry out its responsibilities and is hereby charged with the following responsibilities: (a)…
CHAPTER 3. Powers of the Los Angeles County Affordable Housing Solutions Agency §§ 64720–64722 · 5 sections
- § 64720 In implementing this title, the agency may do all of the following: (a) Place on the ballot in Los Angeles County, including all of its incorporated cities,…
- § 64720.3 Both of the following shall be exempt from Division 13 (commencing with Section 21000) of the Public Resources Code: (a) Any action taken by the agency to…
- § 64720.5 (a) Any construction or rehabilitation project receiving funding or financing from the agency, a measure proposed by the agency pursuant to subdivision (a) of…
- § 64721 (a) If the agency or a qualified voter initiative proposes a measure pursuant to subdivision (a) of Section 64720 that will generate revenues, the Los Angeles…
- § 64722 The board and the agency shall not do either of the following: (a) Regulate or enforce local land use decisions. (b) Acquire property by eminent domain.
CHAPTER 4. Financial Provisions §§ 64730–64731 · 2 sections
- § 64730 The board shall provide for annual audits of the agency’s general administration, accounts, and records, shall maintain accounting records, and shall report…
- § 64731 The board shall provide for annual financial reports. The board shall make copies of the annual financial reports available to the public.
PART 2. Financing Activities of the Los Angeles County Affordable Housing Solutions Agency §§ 64800–64832 · 20 sections
CHAPTER 1. General Provisions § 64800 · 1 section
- § 64800 (a) The agency, either directly or through qualified voter initiative, may raise and allocate new revenue through all of the following funding mechanisms: (1)…
CHAPTER 2. Revenue §§ 64810–64826 · 15 sections
ARTICLE 1. Special Taxes §§ 64810–64814 · 6 sections
- § 64810 (a) Subject to Section 4 of Article XIIIA of the California Constitution and subject to approval by the board before the agency takes action to approve the…
- § 64811 (a) (1) Subject to Section 4 of Article XIIIA of the California Constitution and subject to approval by the board before the agency takes action to approve the…
- § 64811.5 The special taxes authorized in this article may also be imposed by qualified voter initiative.
- § 64812 Taxes levied pursuant to Section 64811 shall be collected in the following manner: (a) The county tax collector shall be responsible for collecting the tax…
- § 64813 Subject to Section 4 of Article XIIIA of the California Constitution, either the designated elections official or the board may act by resolution or by…
- § 64814 All special taxes levied pursuant to this article shall be administered in the following manner: (a) Taxes collected shall be deposited in a separate fund,…
ARTICLE 2. Bonds §§ 64820–64826 · 9 sections
- § 64820 The board may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution or ordinance stating its intent to issue…
- § 64821 (a) The agency, with approval of two-thirds of the voters, may levy ad valorem property taxes to secure debt pursuant to paragraph (2) of subdivision (b) of…
- § 64822 (a) (1) For purposes of this section, “agency revenues” includes, without limitation, revenues generated by any special tax, fee, or charge imposed by the…
- § 64822.5 The agency may issue mortgage revenue bonds pursuant to Part 5 (commencing with Section 52000) of Division 31 of the Health and Safety Code, and other…
- § 64822.7 The agency may issue private activity bonds pursuant to the Tax Reform Act of 1986 (Public Law 99-514) and Sections 1112 and 1401 of the American Recovery and…
- § 64823 (a) The agency or any person executing the bonds issued pursuant to this title shall not be personally liable on the bonds by reason of their issuance. (b) The…
- § 64824 (a) Every two years after the issuance of bonds pursuant to this section, the agency shall contract for an independent financial and performance audit. The…
- § 64825 Bonds issued pursuant to this article are fully negotiable.
- § 64826 Any action to determine the validity of any tax, fee, or other charge provided for in, or the validity of bonds issued pursuant to, this title, or any of the…
CHAPTER 3. Expenditures §§ 64830–64832 · 4 sections
- § 64830 (a) (1) Revenue generated pursuant to this part shall be used for the construction of new affordable housing, affordable housing preservation, tenant…
- § 64830.5 (a) (1) In this subdivision, “eligible jurisdictions” shall mean the following jurisdictions: (A) The councils of governments in Los Angeles County, excluding…
- § 64831 The board shall monitor expenditures in coordination with local jurisdictions. At least once every five years, the monitoring shall include a review of…
- § 64832 To ensure oversight and accountability, the agency shall prepare and submit an annual report to the Legislature, in conformance with Sections 9795 and 53411 on…