Governor Newsom Signs Bill Protecting Low Income Renters
September 30, 2024
September 30, 2024
SAN FRANCISCO, California, Sept. 30 -- Public Advocates issued the following news release on Sept. 28, 2024:
Yesterday, Governor Gavin Newsom signed Assembly Bill 846, authored by Assemblymember Mia Bonta (D-Oakland), which protects renters living in affordable housing buildings financed through the Low Income Housing Tax Credit (LIHTC) program from rent gouging. AB 846 requires the California Tax Credit Allocation Committee (CTCAC) to adopt regulations, on or before June 30, 2025, . . .
Yesterday, Governor Gavin Newsom signed Assembly Bill 846, authored by Assemblymember Mia Bonta (D-Oakland), which protects renters living in affordable housing buildings financed through the Low Income Housing Tax Credit (LIHTC) program from rent gouging. AB 846 requires the California Tax Credit Allocation Committee (CTCAC) to adopt regulations, on or before June 30, 2025, . . .