Existing law authorizes the establishment of the South Bay Regional Housing Trust, a joint powers authority, by the County of Los Angeles and any or all of the cities within the jurisdiction of the South Bay Cities Council of Governments, with the stated purpose of funding housing to assist the homeless population and persons and families of extremely low, very low, and low income within the South Bay Cities region. Existing law authorizes the South Bay Regional Housing Trust to, among other things, fund planning and construction of housing of all types and tenures for the homeless population and persons and families of extremely low, very low, and low income. This bill would expand the authority of the trust to also include funding the preservation of housing for these purposes. The bill would also expand the authority of the trust to include funding planning, construction, and preservation of housing for persons and families of moderate income, as defined, using any private resources and specified public resources. Existing law requires that the South Bay Regional Housing Trust be governed by a board of directors consisting of an appropriate number of directors, to be determined by the governing board of the South Bay Cities Council of Governments. Existing law requires the board of directors to include mayors, council members, or County of Los Angeles supervisors, as described. Existing law requires that the board of directors to elect a chairperson and a vice chairperson from among its members at the first meeting held in each calendar year. Existing law requires the governing board of the South Bay Cities Council of Governments to appoint the board of directors and, in the case of a vacancy on the board of directors, qualified individuals to fill the vacancy, as specified. This bill would instead require the joint powers agreement to establish the number of directors of the trust and the process for appointing directors and filling vacancies. The bill would additionally authorize the board of directors to include persons appointed and designated as alternate members of the board of directors, as specified. The bill would require all directors and alternates to be subject to the board of directors' adopted conflict of interest code. The bill would prohibit each alternate that is currently not an elected official from participating as a voting member in more than 75% of all meetings in a calendar year. The bill would instead require the board of directors to elect a chairperson and a vice chairperson from among its members at the first meeting held in either the calendar or fiscal year. This bill would make legislative findings and declarations as to the necessity of a special statute for South Bay Cities region of the County of Los Angeles.