FOR IMMEDIATE RELEASE
April 30, 2019
Contact: Blake Dellinger
(818) 558 - 3043
SACRAMENTO – Last week, legislation put forward by Assemblymember Laura Friedman (D-Glendale) that will help affordable housing organizations significantly increase the number of families they can serve passed the Assembly Floor with unanimous, bipartisan, support.
The bill, AB 587, will create a much-needed exemption for affordable housing organizations like Habitat for Humanity to sell deed-restricted land to eligible low-income homeowners.
“We’re absolutely thrilled! This bill is a major game changer for Habitat and exciting news for housing in California.” said Debbie Arakel, Executive Director of Habitat for Humanity California. “With high land costs being one of the greatest barriers to providing affordable homeownership, this bill allows Habitat to better leverage property. We can double our home production in many communities and provide even more homeownership opportunities for low income families throughout the state.”