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

May 5, 2014 - Property Tax Reductions to Diminish as Housing Market Improves [Publication Details] Video Description: During the recession, residential and commercial real estate values declined throughout California.
https://lao.ca.gov/Publications/Detail/3010

The 2019-20 Budget: What Can Be Done to Improve Local Planning for Housing?

Feb 20, 2019 - Given this, offering rewards to cities and counties in hopes of boosting housing production seems like a risky bet. If the Legislature were to allocate funding for rewards, it cannot be sure what effect, if any, such a program would have on home building.
https://lao.ca.gov/Publications/Report/3938

2018-19 Budget: Voting Equipment for Counties

Mar 16, 2018 - This cost allocation sometimes is referred to as “ballot real estate. ” Neither the state nor federal governments currently provide ongoing funds to counties to administer elections. In the past, the state provided funds to counties to pay for election mandates, which we describe in more detail in the nearby box.
https://lao.ca.gov/Publications/Report/3786

Understanding Your Property Tax Bill - The 1 Percent Tax—Where Does Your Money Go? [Video]

This animation summarizes the major steps county auditors take to distribute this money.
https://lao.ca.gov/Videos/Player?playlistId=96&videoId=144

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - New Market Tax Credits, established in 2000, provide tax credits to taxpayers who invest in businesses or real estate in certain economically distressed areas. Investments under this program have been made for a wide variety of purposes, including renewable energy and affordable housing.
https://lao.ca.gov/Publications/Report/4038

Understanding Your Property Tax Bill - Calculating Your 1 Percent Tax [Video]

Understanding Your Property Tax Bill - Calculating Your 1 Percent Tax [Video] Search LAO Videos Understanding Your Property Tax Bill December 9, 2015 As a companion to LAO 's California Economy and Taxes blog series on property tax, these animations 1)  walk  through the basic steps of calculating a property owner ’s 1 percent  tax and 2)  summarize  the major steps county auditors take to distribute this money.
https://lao.ca.gov/Videos/Player?playlistId=96

Climate Change Impacts Across California - Housing

Apr 5, 2022 - Specifically, recent research suggests that communities the federal government designated in the 1930s as “hazardous ” for real estate investment through a process known as redlining tend to experience hotter temperatures and more flood risk than other areas.
https://lao.ca.gov/Publications/Report/4584

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - Specifically, recent research suggests that communities the federal government designated in the 1930s as “hazardous ” for real estate investment through a process known as redlining tend to experience hotter temperatures and more flood risk than other areas.
https://lao.ca.gov/Publications/Report/4575

Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Lends money for construction of rental housing projects with units restricted for at least 55 years to households earning less than 60  percent of area median income. Multifamily Housing Program. Provides low ‑interest, long ‑term deferred ‑payment permanent loans for new construction, rehabilitation, and preservation of permanent and transitional rental housing for lower ‑income households.
https://lao.ca.gov/Publications/Report/3985

The 2019-20 Budget: Considerations for the Governor's Housing Plan

Feb 20, 2019 - (This is in addition to the $ 43  m illion allocated for the program in the budget with revenue from the recent real estate document recording fee.) Like the tax credit program discussed above, this program aims to increase housing production.
https://lao.ca.gov/Publications/Report/3941