§ 64703 Los Angeles Housing Financing

Government Code·California

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Key Takeaways

•This law helps pay for affordable housing in Los Angeles County.
•It applies to all cities in Los Angeles County, even if they have their own rules.
•The state says this is important for everyone in California, not just one city.

Example

A city in Los Angeles County wants to build more cheap apartments for people who can't afford expensive rent.

This law helps the city get money to build those apartments, even if the city usually makes its own rules.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 64703 Los Angeles Housing Financing

The Legislature finds and declares that providing a regional financing mechanism for affordable housing development, preservation, and renter protections in Los Angeles County, as described in this section and Section 64701, is a matter of statewide concern and is not a municipal affair as that term is used in Section 5 of Article XI of the California Constitution. Therefore, this title applies to all cities within Los Angeles County, including charter cities. (Added by Stats. 2022, Ch. 661, Sec. 1. (SB 679) Effective January 1, 2023.)

Last verified: January 22, 2026

Key Terms

los angeles county port legislature california constitution development preservation

References

Official text at leginfo.legislature.ca.gov
California Legislature. Government Code. Section 64703.

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Key Takeaways

Example

Key Terms

Related Statutes

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