The LA County Board of Supervisors unanimously approved the COPA motion, authored by Supervisors Hilda Solis and Holly Mitchell, on July 7, 2026. It directs the Department of Consumer and Business Affairs to return within 180 days with a recommended COPA ordinance, plus a written review of a broader tenant/community purchase framework within 120 days. The program would give community land trusts and mission-driven nonprofits a right of first offer on rental properties with 5+ units and mobile home parks in unincorporated LA County before open-market sale. Directly relevant to BVCLT acquisition strategy.

Allows nonprofit affordable housing developers to join a JPA for risk-pooling and self-insurance. Direct response to the insurance crisis. Could significantly reduce operating costs for BVCLT-affiliated developments.

Creates CAPP program to acquire and preserve unsubsidized affordable housing with long-term affordability restrictions. Directly funds CLT acquisition work. $500M earmarked. Co-sponsored by CA CLT Network, Enterprise, Housing California.

Part of the Affordable California campaign led by Housing Now!/ACCE. Track alongside companion bill SB 417. Amendments to one may affect the other.

Companion bill to AB 736. Affordable California campaign led by Housing Now!/ACCE. Track together — amendments to one may affect the other.

Would authorize HCD to waive annual monitoring fee payments for affordable housing developments facing financial distress. Directly relevant to any BVCLT-affiliated developments under HCD regulatory agreements.

Would allow affordable housing developers to move project reserves across their portfolio to stabilize financially distressed projects. Cross-collateralization tool at the state level.

$11.25B bond. Key programs: Multifamily Housing Program ($5.1B), Portfolio Reinvestment Program ($750M), Affordable Housing Innovation Fund ($200M). HousingBondCA! Coalition campaign ramping up.

The feared $1.78B cut did not land as the coalition warned. The final 2026-27 budget, signed June 29, reauthorized cap-and-trade through 2045 and preserved dedicated affordable housing funding. AHSC is being restructured under the new Housing Development Financial Corporation (HDFC) with up to ~$560M/year from Cap-and-Invest proceeds, split roughly 70% affordable housing / 30% sustainable communities. The open question now is the CARB Cap-and-Invest rulemaking, which still determines how much revenue actually flows.

State program providing rehab loans and COSR loans for at-risk affordable housing. Rounds 1 & 2: $427.5M awarded, including $70M for 340 PSH units in LA County. Bond passage in November would expand funding significantly.