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Digest
SB 2910 modifies the evaluation criteria for low-income housing tax credit applications. It requires that applications prioritize financial feasibility, community participation, and various project characteristics such as tenant income levels, unit size, and rent costs. It introduces a requirement that, for certain urban developments in large counties, applicants must provide a high-quality pre-kindergarten program on-site. The bill also encourages free notary public services for residents and establishes a leasing preference for low-income veterans in developments near veterans’ medical facilities.
Author (1)
Borris Miles