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Background LUC Motion AB 238

Thumbnail of Background LUC Motion AB 238
Document type
Background Info
Published date
April 5, 2025
Language
EN
Topics

Summary

The PPCC Land Use Committee recommends the Board pass a motion to support AB 238, the Mortgage Deferment Act, which would allow borrowers experiencing financial hardship from the January 2025 wildfire disaster to request forbearance on residential mortgage loans for up to 180 days, with a possible additional 180-day extension. The recommendation aligns with a City Council resolution by Councilwoman Park supporting the same legislation.