Pursuant to Assembly Bill (AB) x1 26 (Dissolution Act), on February 28, 2012, the City Council elected, by resolution, the Chula Vista Housing Authority to serve as the Successor Housing Agency (SHA) of the former Chula Vista Redevelopment Agency (Agency). Subsequently in June 2012, AB 1484 took effect which provided clean-up language and procedures for the Agency's unwinding process. In accordance with the Dissolution Act and AB 1484, the SHA is responsible for assuming the housing functions of the former Agency and for retaining the Housing Assets. Housing Assets include real property assets acquired for low- and moderate-income housing purposes; encumbered funds that are secured by an enforceable obligation; loan or grant receivables; rents and payments from operations; amounts owed to the Low- and Moderate-Income Housing Fund; mixed-use assets; and housing bond proceeds.

For additional information on the various types of housing programs offered for first-time homebuyers, as well as owner and rental rehabilitation projects, please review our Housing Programs.

Effective January 1, 2014 (Statues of 2013, Chapter 796) requires housing successor entities of former redevelopment agencies to begin annual reporting affordable housing financial activity information. An independent financial audit of Low and Moderate-Income Housing Asset Fund (LMIHAF) shall be conducted within six months after the end of each fiscal year. In accordance with SB 341 and AB 1793, a summary statement of the LMIHAF for the most recent completed fiscal year is available: City of Chula Vista SB 341 Compliance Report.

The City of Chula Vista maintains a List of (LMIHAF) Affordable Housing (SB341).