§ 53571

(a) The purpose of this part is to facilitate the acquisition, construction, rehabilitation, and preservation of affordable rental housing for teachers, school district employees, and nonprofit organization employees to allow teachers, school district employees, and nonprofit organization employees to access and maintain housing stability.

(b) A program established under this part shall be restricted to teachers, school district employees, and nonprofit organization employees, except that a school district may allow local public employees or other members of the public to occupy housing created through this part, subject to applicable laws and regulations.

(c) A school district shall retain the right to prioritize school district employees over local public employees or other members of the public to occupy housing.

(d) A program established under this part shall provide teachers, school district employees, and nonprofit organization employees with a right of first refusal to occupy housing acquired, constructed, rehabilitated, or preserved under this part. Teachers or school district employees shall be prioritized before nonprofit organization employees.

(e) The amendments made to this section by the act adding this subdivision shall only apply to housing made available or a contract for housing entered into, amended, or extended under this part on or after January 1, 2025.

(Amended by Stats. 2024, Ch. 748, Sec. 1. (AB 2967) Effective January 1, 2025.)