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

(b) A program established under this part shall be restricted to “teacher or school district 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.

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(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.

(Amended by Stats. 2020, Ch. 199, Sec. 2. (AB 3308) Effective January 1, 2021.)