Oct 1, 2021
Senate Bill 9, which adds sections 65851.21 and 66411.7 to the California Government Code, goes into effect January 1, 2022. This law requires public agencies to grant ministerial, or by-right, approval of urban lot splits and two-unit developments that meet certain...
Sep 1, 2021
On September 1, 2021, the United States Department of Treasury’s Community Development Financial Institutions Fund (“CDFI Fund”) announced the awardees of New Markets Tax Credits (“NMTC”) for the 2020 round of the NMTC program. The...
Jun 22, 2021
SB 1157, which adds section 1954.06 to the California Civil Code, goes into effect July 1, 2021 and continues until July 1, 2025. This law requires landlords of “assisted housing developments” to offer tenants to have their rental payment information...
Mar 10, 2021
In anticipation of a heightened housing crisis in the wake of COVID-19, Senate Bill 1079 went into effect on January 1, 2021, with the stated goal of promoting owner-occupied homeownership, protecting tenants from displacement, and preventing corporate speculators...
Mar 4, 2021
California law has established a property tax exemption for property that is owned by a community land trust and that is being—or will be—developed or rehabilitated as rental housing, limited equity cooperative housing, or owner-occupied housing (SB 196, as amended by...
Feb 9, 2021
On January 29, 2021 Governor Newsom signed into law Senate Bill 91 (SB 91), extending residential eviction protections and implementing the State’s rental assistance program to address the impacts of the COVID-19 pandemic in rental housing. Click here to read...
