The California Housing Stability Act Sponsored by Assemblymember Alex Lee (D-San José)
Building Generational Wealth for Working Families
🚨 The Housing Crisis
California faces a 3.5 million home shortage, with:
17 of 20 most unaffordable U.S. metros located in CA
55% of renters paying >30% of income on housing
Corporate landlords owning 300,000+ single-family homes, driving up prices
✨The solution may be Lee’s Legislative Package
🛡️ Addressing Concerns
“This hurts small landlords”: AB 1240 exempts “mom-and-pop” owners (<1,000 homes).
“Social housing is inefficient”: Models in Vienna (60% social housing) and Singapore (80% public housing) prove sustainability.
“Bonds increase debt”: AB 590 uses zero-interest loans repaid via rents, not taxes.
📣 Call to Action
Contact State Senators and give feedback; good or bad, they need to hear from citizens - Find Your Senator.
Join the “Yes on AB 590” Coalition: Prepare for the 2026 bond campaign.
Share Stories: Amplify voices of families priced out by corporate landlords.
Counter Opposition: Expose corporate lobbying ($13.7M since 2015). - There is some federal legislation on lobbying if you’re interested.
“Housing is a human right—not a casino for Wall Street.”
— Assemblymember Alex Lee
Deadline: AB 11 must pass the Senate by August 31, 2025.
Approved by: Housing Justice Coalition of California
Contact: policy@cahousingjustice.org | #CASocialHousing
Sources: AB 11 Text | UCLA Lewis Center Study