Senator Limón’s Laborforce Housing Financing Act Passes Out of the Senate

(SACRAMENTO) – Today, Senator Monique Limón’s legislation, SB 584 the Laborforce Housing Financing Act passed out of the Senate with a 27-11 vote. Senator Limón released the following statement in response,  

“The vote today signals the legislative interest in advancing a conversation about what role short term rentals should play in helping invest in housing solutions for our state. The increase in short term rentals used as a business requires we examine the impact they present, whether opportunities or limitations, for our housing market. 

I am grateful we will have the opportunity to continue this conversation and look forward to working with all parties to find a solution that funds more affordable and workforce housing for Californians in need.”

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Monique Limón represents the 19th Senate District, which includes Santa Barbara, Ventura, Goleta, Buellton, Carpinteria, Guadalupe, Lompoc, Santa Maria, Solvang, Camarillo, Fillmore, Ojai, Oxnard, Santa Paula, and Port Hueneme. She currently serves as the Chair of the Senate Banking and Financial Institutions Committee.

Contact: Christina.Montoya@sen.ca.gov