California Government Code

§ 62451.5

GOV § 62451.5 Effective Jan 1, 2026Div. 8 · Title 6

Statute text

The governing body of a local government, except the City and County of San Francisco, may establish one downtown revitalization and economic recovery financing district pursuant to this division. Proceedings for the establishment of a district shall be instituted by the adoption of a resolution of intention to establish the proposed district and shall do all of the following:

(a)State that a district is proposed to be established under the terms of this division and describe the boundaries of the proposed district, which may be accomplished by reference to a map on file in the office of the recorder of the county.

(b)State that the district will only finance commercial-to-residential conversion projects that meet all of the following requirements:

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Legislative history

Added by Stats. 2025, Ch. 642, Sec. 3. (AB 1445) Effective January 1, 2026.