This report was prepared in response to the directive contained in Chapter 323. Chapter I provides background information on the use of mortgage revenue bonds (MRBs) in California and on the federal government's role in regulating their issuance. In Chapter II, we discuss state and local data relating to units produced and households assisted under these housing programs. Chapter III examines the fiscal and policy issues associated with the use of tax-exempt mortgage revenue bonds.
Tax Expenditure ReviewsReport Jan 16, 1998
Rethinking the Cal-Vet Loan ProgramReport Mar 1, 1990
[PDF] A Review of the Governor's Housing Initiative