Real Estate/Development
Jun. 26, 2012
Opinion could further hurt affordable housing
A published appellate court opinion could be a double blow for California's low-income developments, which have already lost a crucial funding source in the folding of the state's redevelopment agencies.
By Jason W. Armstrong
Daily Journal Staff Writer
RIVERSIDE - A published appellate court opinion threatens expansion of California's low-income developments, according to some legal experts. They say the ruling could be a double blow for affordable housing projects, which have already lost a crucial funding source in the folding of the state's redevelopment agencies.
On June 15, the Riverside-based 4th District Court of Appeal upheld a...
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