The Voice of Affordable Housing in Silicon Valley
The tax reform bills being considered by Congress will have a disastrous impact on affordable housing in the Bay Area. The proposal now under consideration threatens to eliminate the State’s ability to use 4% Low Income Housing Tax Credits (LIHTC) by eliminating tax-exempt private activity bonds. Why is this important? In Santa Clara County, an estimated 90% of all affordable housing has been created through the 4% LIHTC program. As the County rolls out Measure A, the loss of this leveraging source would be catastrophic. And, implementing Mayor Liccardo’s plan to create 10K new affordable units in the next five years will be near impossible. It is critical that we push back against this proposal and take action TODAY while there is an opportunity to save the 4% credit.E-Mail Your Representatives Now!
Since early 2017, ULI SF has been working on its Housing the Bay initiative with industry leaders and partner organizations from around the Bay Area. Through working groups, convenings,…
Investor Briefing March 23, 2018 HTSV’s annual luncheon event which brings together about 500 attendees from across the housing and real estate industry, local and state government officials and the…RSVP
The City of San Jose Planning Department is hosting 3 community meetings to discuss proposals and gather public comments on Zoning Code updates for Secondary Units (also known as Accessory…RSVP
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