Property tax exemption amount increased for charitable housing
A new law raises the maximum value qualifying low-income rental property for property tax exemption.
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Tag: affordable rental housing
California wants to offer housing to tackle teacher shortage
California’s teacher shortage continues to worsen, and one major culprit is lack of affordable housing.
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California home to nation’s least affordable rentals
Six of the ten least affordable markets for renters are in California.
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Lack of affordable rental housing is becoming an emergency in California
California’s renter households exceed available housing.
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Increasing the welfare exemption limit for property taxes
This new law encourages the creation of low-income housing units by increasing the welfare exemption limit on property taxes.
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