The measure, Assembly Bill 787, is expected to incentivize local governments to adopt an innovative “missing middle” program that converts market-rate complexes into middle-income housing in exchange for property tax breaks.
Read More: https://www.msn.com/en-us/money/markets/new-law-counts-workforce-apartments-as-meeting-middle-income-housing-quotas/ar-AAOWbOI?ocid=hplocalnews