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July 12, 2016
We are pleased to report that, on July 1, Governor Brown signed into law SB 873 (Beall). This legislation increases the value of the State Low Income Housing Tax Credit by allowing credits to be “certificated” by nonprofit affordable developers. The legislation was cosponsored by State Treasurer John Chiang and the California Housing Partnership Corporation (CHPC) and supported by NPH. Find details here Governor Brown also signed into law AB 1618, the legislative vehicle for Senate President pro Tem Kevin…
November 6, 2016
“The crisis is now,” Lane said in an interview. “Voters are wanting the county to address it with bold action.