CAA this week applauded a newly released Senate budget proposal for including rental assistance and addressing California’s ongoing homelessness crisis and housing shortage. Housing-related highlights from the Senate’s “Build Back Boldly” plan include the following: Bringing tax fairness and relief for renters by reforming and expanding the renters tax credit. Providing “first and last month” rental assistance to remove a key barrier for those experiencing homelessness to move back into permanent housing. Establishing a financing tool for accessory dwelling unit construction to produce more affordable units Providing incentives to convert vacant or underused commercial and retail space into affordable housing.… Read More