Forty Years of Prop 13: Truth and Consequences
2018 marks the 40th anniversary of Proposition 13, which capped property taxes in California and dramatically changed our State’s fiscal and development landscape. Our experienced and witty panel will present the “truth and consequences” of Prop 13, describing how it uniquely governs the collection and distribution of property taxes and how this affects funding for needed improvements to local communities and schools across California. We will investigate the ways in which Prop 13 leads to increased housing costs, limits new housing development and discourages property turnover.
Although making changes to Prop 13 has often been called the “third-rail of California politics,” many activists and politicians are currently exploring reforms, including “split roll” treatment of residential and non-residential property. We’ll explore the pros and cons of the myriad of proposed changes, particularly in light of the 2017 federal tax reform bill.
This program is part of ULI SF’s Housing the Bay, a ULI SF member-driven initiative to foster innovative solutions to the Bay Area housing crisis in the realms of financing, building costs, policy, and the public process. This modular panel comes from our Innovative Financing group and is a lead-up program for the Housing Summit on March 23rd, 2018.
Elizabeth (Libby) Seifel, President, Seifel Consulting
Fred Diaz, City Manager, City of Fremont
Brian Uhler, Principal Fiscal & Policy Analyst, Legislative Analyst’s Office (LAO)
Tom Bannon, CEO, California Apartment Association (CAA)
Ben Grieff, Executive Director, Evolve CA
Member / Non Member
Private Sector $45 / $60
Public & Nonprofit $40 / $60
YLG $35 / $50
Students $30 / $50
* Press welcome. Please contact firstname.lastname@example.org.
* Registration closes on 3/5. There will be a $10 fee for on-site registration.
* Refunds can be made up to 48 hours in advance.
* Housing the Bay Sponsor tickets available for this event. Please contact email@example.com.