How Has COVID-19 Affected Renters and Homeowners?

Jan 19, 2021 - The law also specifies that for a COVID ‑19 ‑related hardship that occurs later —between September 1, 2020 and January 31, 2021 —tenants must pay at least 25  p ercent of their rent due to avoid eviction.
https://lao.ca.gov/Publications/Report/4312

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

Feb 28, 2022 - Typically, the process for determining whether a law or regulation is a state ‑reimbursable mandate takes several years. State law further requires our office to analyze any new mandates identified by the commission as a part of our annual analysis of the state budget.
https://lao.ca.gov/Publications/Report/4565

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

Feb 20, 2019 - This program awarded a total of $ 25  m illion to cities and counties that increased the number of housing permits they issued (for all income levels) by 12  p ercent or more in 2001. Awarded funds could be used for a variety of infrastructure or facilities projects.
https://lao.ca.gov/Publications/Report/3938

The 2020-21 Budget: Local Agency Employee Organizations, Impasse Procedures II

Mar 4, 2020 - Number of Fact-Finding Cases Likely Varies Significantly Year to Year. In the three years used by the Commission to determine the cost of the mandate, the number of fact-finding projects in a fiscal year ranged from 37 to 44 —averaging to about 40 cases each year.
https://lao.ca.gov/Publications/Report/4190

SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads [Publication Details]

Jan 24, 2020 - SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads [Publication Details] SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads Format: Description: SB 1 has increased state funding for local streets and roads by $1.3 billion—a doubling of the previous level of shared revenues—with additional revenue increases projected in current and future years.
https://lao.ca.gov/Publications/Detail/4142

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

Feb 20, 2019 - Enhanced Infrastructure Financing Districts (EIFDs) allow local governments to use property tax increment (the growth in property tax revenue year over year) to finance a wide variety of projects, including affordable housing.
https://lao.ca.gov/Publications/Report/3941

The 2020-21 Budget: U-Visa I-918 Form Mandate

Mar 4, 2020 - A U-Visa provides an individual with various benefits, such as the ability to legally live and work in the U.S. for four years (and potentially the ability to apply for legal status) and to petition for a U-Visa for qualifying family members.
https://lao.ca.gov/Publications/Report/4192

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - If investors hold on to the investment for multiple years, their tax liability on their deferred capital gains can be reduced. 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.
https://lao.ca.gov/Publications/Report/4038

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

Feb 21, 2019 - Supportive housing also typically takes years to site and build. Balancing out the higher costs and long implementation time is the fact that recipients of these programs are less likely to fall back into homelessness.
https://lao.ca.gov/Publications/Report/3942

The 2019-20 Budget: California Spending Plan—Housing and Homelessness

Oct 17, 2019 - Entities have two years to expend the funds. Funding for Mixed-Income Housing.   The budget allocates $500  million to the California Housing Finance Agency ’s Mixed-Income Loan Program, which provides loans to builders of housing targeted at low- and middle-income households.
https://lao.ca.gov/Publications/Report/4102