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

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

Climate Change Impacts Across California - Housing

Apr 5, 2022 - Figure 2 Climate Change Impacts on Housing: Key Issues for Legislative Consideration What role should the state play in influencing where new homes are built? What steps should the state take to influence how new homes are built?
https://lao.ca.gov/Publications/Report/4584

Perspectives on Helping Low-Income Californians Afford Housing

Feb 9, 2016 - Currently, about 3.3 million low –income households (who earn 80  percent or less of the median income where they live) rent housing in California, including 2.3  million very –low –income households (who earn 50 percent or less of the median income where they live).
https://lao.ca.gov/Publications/Report/3345

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - One key question will be what role state programs and policies can and should play in adapting to climate change, including how they interact with local adaptation activities, and how they should be funded.
https://lao.ca.gov/Publications/Report/4575

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

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 2018-19 Budget: County Assessor Funding

Feb 15, 2018 - The Legislature could create a more level playing field for counties by setting the grants equal to the schools ’ share of the cost of the upgrades. Doing so would mean that each county would pay a share of costs for the upgrade that is proportionate to their share of any new revenue generated from the upgrade.
https://lao.ca.gov/Publications/Report/3756

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

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - In addition, investors that maintain their investment for at least ten years will not be taxed on any capital gains earned on their Opportunity Zone investment. Various Government Programs Help Californians Afford Housing.
https://lao.ca.gov/Publications/Report/4038