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Board approves informational hearing on property‑tax welfare exemption and affordable‑housing finance for Aug. 20
Summary
The Board voted to hold an informational hearing on Aug. 20 to examine use of the property‑tax welfare exemption and options to streamline affordable housing financing; Member Vasquez moved the hearing and Vice Chair Lieber seconded. Members requested a one‑hour session and suggested time limits for speakers.
The California State Board of Equalization voted on July 23 to hold an informational hearing on August 20 about the property‑tax welfare exemption and options to streamline affordable‑housing finance.
Member Vasquez introduced the proposal, noting it would follow up on the board’s role in statewide housing policy and referencing a Turner Center report on how the welfare exemption might be used in affordable‑housing finance. "As I…
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