Makes hotel and motel conversions to housing a use by right if the project includes an unspecified number of affordable units.

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

Allows local governments to have a policy giving preference to lower-income households at risk of displacement in tax-credit funded affordable housing.

Deems a loan agreement entered into between a redevelopment agency and the City of Atascadero between 1999 and 2003 to be enforceable obligations for the purposes of redevelopment dissolution.

Makes changes to housing element annual report requirements.

Prohibits cities and counties from imposing certain minimum lot size standards.

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

Applies the same judicial action procedure and timelines, as in the Mitigation Fee Act, to water or sewer service fees or charges, except as provided.

Establishes procedures and requirements for housing on community college campuses.

Requires HCD to administer a program to award grants to homeless shelters for the provision of shelter, food, and basic veterinary services for pets owned by people experiencing homelessness.