California Governor’s Proposal Worries Affordable Housing Advocates

By Caitlin Jones
March 11, 2011 1 min read

Tax Credit Advisor, March 2011: Affordable housing advocates, including those in the low-income housing tax credit industry, are distressed over a budget proposal by new California Gov. Jerry Brown to eliminate the state’s local redevelopment agencies and to redirect the use of the redevelopment funds that they now control.

Advocates argue that the proposal, if approved by the legislature, will reduce affordable housing production and jobs.

“It’s the biggest issue right now that we’re dealing with” in California in the affordable housing area, says Geoffrey Brown, president of USA Properties Fund, Inc., a major Sacramento area-based developer and manager of more than 70 LIHTC properties in California and Nevada. Brown said a number of his LIHTC projects have been funded in part by local development funds provided by redevelopment agencies (RDAs) and that he has commitments of funds for several new projects.

Breaking Ground

Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies

Pamela Martineau • December 1, 2024 10 min read

Earlier this fall, Jennifer Leimaile Ho was elected chair of the National Council of State Housing Agencies’ (NCSHA) 2025 Board of Directors. Ho is the Commissioner of Minnesota Housing, having been appointed by Governor Tim Walz in January 2019 and reappointed in 2023.

“Business as Usual”

Leaders in Equity Express Optimism Despite an Uncertain Future

Abram Mamet • December 1, 2024 9 min read

Any outside observer may assume some unease amongst the low-income housing industry. Buffeted on the one hand by residual stressors from the COVID-19 pandemic and on the other by the uncertain prospects of an incoming federal administration keen on cutting spending and shrinking government programs, the affordable housing landscape is experiencing an inflection point.

NCSHA Recognizes Stand-Out Affordable Housing Programs and Initiatives

Pamela Martineau • December 1, 2024 7 min read

This fall, the National Council of State Housing Agencies (NCSHA) recognized 17 programs offered by state housing finance agencies across the nation that creatively developed tools to tackle their communities’ affordable housing challenges.