Creates a state CDFI fund to provide grants and loans to CDFIs for a variety of activities in low-income communities.

Creates the Housing Acquisition and Rehabilitation Technical Assistance program at HCD.

Makes changes to AB 686 related to the AFFH analysis in Housing Element law.

Prohibits cities and counties from imposing parking minimum withing 1/2 mile of transit or in a low VMT area as determined by OPR.

Requires cities and counties to follow up on complaints from tenants about substandard buildings and potential lead hazards.

Creates the Reentry Housing Program at HCD to provide grants to cities, counties, and continuums of care for housing interventions to allow people with recent histories of incarceration to exit homelessness and remain stably housed. The program would be funded from the savings created by the upcoming closure of several state prisons.

Creates the Bring California Home fund to provide resources to address homelessness, to be funded by changes in tax policy.

AB 1375 Bloom