The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - To gauge the effect of these state credits, we looked at how New Market Tax Credit investments changed in states after they adopted state credits and compared these investment changes to similar states without state credits (using a statistical method known as synthetic control).
https://lao.ca.gov/Publications/Report/4038

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 - How Will the State Address Future Maintenance Costs Associated With Affordable Housing Developments? Given the significant one ‑time investments in affordable housing in recent years and the proposed one ‑time investments by the Governor in 2019 ‑20, the Legislature should ask the administration how it plans to fund future maintenance costs associated with existing and future affordable housing developments.
https://lao.ca.gov/Publications/Report/3941

Climate Change Impacts Across California - Housing

Apr 5, 2022 - Additionally, many older homes are not elevated sufficiently to protect them from flooding and were built without features—such as air conditioning, modern insulation, and air filtration—to mitigate the effects of extreme heat or outdoor wildfire smoke.
https://lao.ca.gov/Publications/Report/4584

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

tagId=75 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video The 1 Percent Tax—Where Does Your Money Go? December 9, 2015 State law directs how your county auditor distributes revenue from the 1 percent tax to: Local Governments in Your County.
https://lao.ca.gov/Videos/Player?playlistId=96&videoId=144

The 2019-20 Budget: Considerations for Governor's Proposals to Address Homelessness

Feb 21, 2019 - While there is no obvious right answer as to how the Legislature should address this crisis, the Governor ’s interest in investing state resources to bolster short ‑term solutions —such as emergency shelters —is reasonable.
https://lao.ca.gov/Publications/Report/3942

The 2022-23 Budget: The Governor's Housing Plan

Feb 14, 2022 - Are One ‑Time General Fund Revenues Better Allocated to Housing Programs Without Ongoing Revenue Source? Despite its volatility, GGRF is a continuously available source of revenue for the AHSC Program.
https://lao.ca.gov/Publications/Report/4535

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - Similarly, rural communities that are at greater risk of experiencing water shortages due to droughts tend to be home to large proportions of households with residents of color and who earn lower incomes.
https://lao.ca.gov/Publications/Report/4575

How Has COVID-19 Affected Renters and Homeowners?

Jan 19, 2021 - As shown in Figure  1 , nearly 80  p ercent of households with less than $50, 000 i n annual earnings rent, whereas only 28  p ercent of households with more than $150, 000 i n annual earnings rent. As shown in Figure  2 , more than half of workers who have lost their jobs are members of lower ‑income households (less than $50, 000 i n annual earnings).
https://lao.ca.gov/Publications/Report/4312

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

Feb 20, 2019 - Many question how the state could make appropriate decisions about their community without intimate knowledge or their community. Such concerns have prevented the state from taking a more active role in zoning decisions.
https://lao.ca.gov/Publications/Report/3938