Bill > AB531

This bill, the Behavioral Health Infrastructure Bond Act of 2023, if approved by voters, authorizes the issuance of $6,380,000,000 in bonds to fund behavioral health infrastructure projects and housing for individuals experiencing homelessness, with funds to be available for the fiscal year 2024 and beyond. * **Permanent Supportive Housing for Veterans and Homeless Individuals:** $1,065,000,000 will be provided as loans or grants through the Department of Housing and Community Development for the acquisition, conversion, rehabilitation, or new construction of permanent supportive housing for veterans and other homeless individuals who meet specific criteria. * **Permanent Supportive Housing for Individuals with Behavioral Health Challenges:** $922,000,000 will be provided as loans or grants through the Department of Housing and Community Development for the acquisition, conversion, rehabilitation, or new construction of permanent supportive housing for individuals experiencing homelessness who are living with a behavioral health challenge. * **Behavioral Health Continuum Infrastructure Program:** $4,393,000,000 will be granted through the State Department of Health Care Services to expand and improve behavioral health treatment resources. This includes funding for crisis stabilization, acute and subacute care, residential treatment, outpatient services, and other clinically enriched options. Of this amount, $1,500,000,000 is specifically designated for tribal entities. * **Bond Issuance and Administration Costs:** Funds are allocated for the costs associated with issuing the bonds, administering the bonds, and paying interest on the bonds. The bill also establishes streamlined, ministerial review processes for projects funded under this act, aiming to accelerate the approval and construction of these facilities. The provisions of this bill are contingent upon voter approval at the March 5, 2024, statewide primary election.