UPDATE: This ordinance has been approved by the Board of Supervisors and is pending approval/signature by the Mayor.
Ordinance 231007 was introduced on 9-26-23 by Supervisors Preston, Chan, Mandelman, Safai, and Ronen.
This legislation would extend transfer tax exemptions for rent-controlled affordable housing properties, enacted in 2019 under the COPA legislation. The exemption is scheduled to expire on June 30, 2024. This ordinance would extend the exemption.
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