Property Tax Reductions to Diminish as Housing Market Improves [Publication Details]

May 5, 2014 - In 2013-14, 3.2 million properties—about one-quarter of all properties in California—received a temporary property tax reduction. In total, temporary property tax reductions lowered local government property tax revenues by an estimated $7 billion in 2013-14, amounting to 15 percent of total property tax revenues statewide.
https://lao.ca.gov/Publications/Detail/3010

Perspectives on Helping Low-Income Californians Afford Housing

Feb 9, 2016 - Between 2000 and 2013, low –income census tracts (tracts with an above –average concentration of low –income households) in the Bay Area that built the most market –rate housing experienced considerably less displacement.
https://lao.ca.gov/Publications/Report/3345