The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - Past experience with New Market Tax Credits also can shed some light on how much of the proposed state Opportunity Zone benefit would be windfalls for investors. A handful of other states have adopted state tax credits that mirror the federal New Market Tax Credit to encourage investors to shift their New Market Tax Credit investment to those states.
https://lao.ca.gov/Publications/Report/4038

Perspectives on Helping Low-Income Californians Afford Housing

Feb 9, 2016 - Building New Housing Indirectly Adds to the Supply of Housing at the Lower End of the Market. New market –rate housing typically is targeted at higher –income households. This seems to suggest that construction of new market –rate housing does not add to the supply of lower –end housing.
https://lao.ca.gov/Publications/Report/3345

Climate Change Impacts Across California - Housing

Apr 5, 2022 - What Actions Should the State Take to Respond to Climate Change Impacts on the Residential Insurance Market? The state will need to grapple with how to address the impacts of climate change on the insurance market.
https://lao.ca.gov/Publications/Report/4584

Property Tax Reductions to Diminish as Housing Market Improves - Property Tax Reductions to Diminish as Housing Market Improves [Video]

Property Tax Reductions to Diminish as Housing Market Improves - Property Tax Reductions to Diminish as Housing Market Improves [Video] To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Property Tax Reductions to Diminish as Housing Market Improves May 5, 2014 Fiscal and Policy Analyst
https://lao.ca.gov/Videos/Player?playlistId=66

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 2024-25 Budget: Juvenile Custodial Interrogation Mandate

May 28, 2024 - We find that the Commission ’s estimate relies on various assumptions that are reasonable, but that the estimate is still subject to uncertainty. For example, the Commission estimates how many youths would require legal counsel before the waiver of Miranda rights and prior to an interrogation by using annual arrest data.
https://lao.ca.gov/Publications/Report/4910

The 2025-26 Budget: Oversight of Encampment Resolution Funding

Mar 5, 2025 - Encampment resolution thus is distinct from encampment “sweeps, ” in which people are moved from an encampment (sometimes losing their personal possessions in the process) and remain homeless —and still outside —in a different neighborhood or area.
https://lao.ca.gov/Publications/Report/5007

The 2017-18 Budget: National Housing Trust Fund Staffing

Feb 23, 2017 - The NHTF is funded by allocations from Fannie Mae and Freddie Mac —government-sponsored enterprises created to support a secondary market for home mortgages. Due to financial challenges at Fannie Mae and Freddie Mac shortly after the NHTF was created, allocations to the NHTF were suspended.
https://lao.ca.gov/Publications/Report/3580

The 2022-23 Budget: Municipal Stormwater and Urban Runoff Discharges Mandate

Feb 28, 2022 - A subset of SCO ’s audit reductions to Municipal Stormwater and Urban Runoff Discharges mandate claims still are being challenged or are within the time frame when they could be challenged by claimants through “incorrect reduction claim ” processes.
https://lao.ca.gov/Publications/Report/4565

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

Feb 20, 2019 - Our modeling of California ’s housing markets in   California’s High Housing Costs: Causes and Consequences  suggested that there is roughly a one‑to‑one relationship between the long‑term rate of growth in a community’s housing stock and the long‑term rate of growth in its home prices and rents.
https://lao.ca.gov/Publications/Report/3938