Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Property Tax Annotations


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R

710.0000 REDEVELOPMENT PROJECTS

Annotation 710.0005

710.0005 Housing Set-Aside. When a redevelopment agency calculates the 20 percent "set-aside" for low-and moderate-income housing, the set-aside is based upon the total tax increment revenues allocated to the agency irrespective of any subsequent transfers made by the agency to other public entities. OAG 7/14/1993 (No. 93/209, Vol. 76, P. 137).