Legislative Report from Political Solutions and Opposition to Measure C Rent Control

Click here for the report from Political Solutions on housing legislative efforts and failures for 2020 and upcoming potential changes in the members of the Senate and Assembly in 2021.  Due in part to the virus, our 2 major bills to defer impact fees on affordable projects up to 120% AMI rents and to exempt […]

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Opposition to May budget revision limiting state tax credit deductions in 2020, 21 & 22

Click here for the Opposition to May budget revision limiting state tax credit deductions in 2020, 21 & 22 (ASM.)   Click here for the Opposition to May budget revision limiting state tax credit deductions in 2020, 21 & 22 (SENATE)

Gov’s Budget for FY 2020-2021

Dear Board and Members:  The Gov’s budget summary for FY 2020-2021, effective on July 1, 2020, provides another $500 million in 30% state credit for new construction projects utilizing tax exempt bonds and 4% credits. In addition, the 9% federal credit has another $100 million ($1 billion) for this calendar year for disaster relief counties […]

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