The 2026-27 Budget: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - Private Activity Bonds and Tax Credits Merit to Setting in Statute the Proportion of Private Activity Bonds for Affordable Housing. The amount of private activity bonds CDLAC has designated for affordable rental housing in recent years has varied somewhat —from a high of 93   percent to a low of 86   percent.
https://lao.ca.gov/Publications/Report/5154