This part specifically creates a state policy supporting housing for faculty and community college district employees as described in Section 42(g)(9) of the Internal Revenue Code, and, further, permits community college districts and developers in receipt of local or state funds or tax credits designated for affordable rental housing to restrict occupancy to faculty and community college district employees on land owned by community college districts, including permitting community college districts and developers in receipt of tax credits designated for affordable rental housing to retain the right to prioritize and restrict occupancy on land owned by community college districts to faculty and community college district employees of the community college district that owns the land, so long as that housing does not violate any other applicable laws.

(Added by Stats. 2022, Ch. 640, Sec. 1. (AB 1719) Effective January 1, 2023.)