Significant Changes to California Property Tax Abatement Law for Affordable Housing Developments to be Considered by the California Board of Equalization

Mondaq Business BriefingUnited States Law Articles in English (2005)

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Significant Changes to California Property Tax Abatement Law for Affordable Housing Developments to be Considered by the California Board of Equalization

Proposed rules will limit the scope and availability of the Welfare Exemption under California Revenue &Taxation Code Section 214(g) for new and existing affordable housing developments. Without the benefit of property tax...

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