California Governor Weighs Legislation Mandating Stricter HOA Reserve Funding Levels

By Anna D'Amico · Realtor.com · 2026-09-24

According to reporting from Realtor.com, Governor Gavin Newsom faces a September 30 deadline to sign Assembly Bill 2050, a measure requiring California homeowners associations to maintain positive 30-year reserve balances. The proposal aims to curb the sudden, massive special ass

According to reporting from Realtor.com, Governor Gavin Newsom faces a September 30 deadline to sign Assembly Bill 2050, a measure requiring California homeowners associations to maintain positive 30-year reserve balances. The proposal aims to curb the sudden, massive special ass