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California Legislation Would Authorize OZ-Directed LIHTCs

Tuesday, April 2, 2019 - 1:45PM

California state legislation was introduced to authorize low-income housing tax credits (LIHTCs) focused on properties developed in opportunity zones. A.B. 791 would allow bond-financed LIHTC properties in OZs to receive $200 million in LIHTCs, beginning Jan. 1, 2020, until the fund is exhausted.

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