SB-196 is one of many new housing bills that Governor Newsom has signed into law to encourage affordable and low-income housing development. The bill provides a property tax exemption for community land trusts building affordable housing—a huge benefit—but that could be just the beginning. In some cases, these projects could also line-up with opportunity zone benefits, particularly because there is such a widespread need for affordable units.
Will the New Affordable Bill Overlap with Opportunity Zone Projects?
November 7th, 2019 | 0 Comments
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September 30th, 2019 | 0 Comments