Conference negotiators discuss $200 million cap, 2035 sunset for CHIP and TIF in S.F. 127 talks
At a May 30 meeting of the Senate-House conference committee on S.F. 127, conference negotiators outlined a proposal that would cap a housing financing package at $200,000,000, set sunsets for both CHIP and TIF in 2035, require a 10-year report-back, and preserve an affordable-housing exemption while excluding mixed- or middle-income projects.
The full story
At a May 30 meeting of the Senate-House conference committee on S.F. 127, conference negotiators outlined a proposal that would cap a housing financing package at $200,000,000, set sunsets for both CHIP and TIF in 2035, require a 10-year report-back, and preserve an affordable-housing exemption while excluding mixed- or middle-income projects.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.