AB 922
(Eduardo Garcia)

Expands the definition of “excess surplus” in redevelopment to include, for a housing successor agency that owns and operates affordable housing that transferred from the former redevelopment agency, an unencumbered amount in the housing successor’s Low and Moderate Income Housing Asset Fund that exceeds the greater of $1,000,000 or the aggregate amount deposited into the account during the housing successor’s preceding 8 fiscal years, whichever is greater.


  • February 17, 2021 – Introduced.