As a result of our work, and the commitment of Senator Atkins, the CA HTC funding was included in the revised budget, signed by the Governor last month. The full $50 million allocation will be available for projects effective January 1, 2022.
On October 9th, 2019 Governor Newsom signed SB 451 (Atkins) to establish the new California Historic Tax Credit. This landmark bill was authored was Senate Pro Tem Toni Atkins and was sponsored by the California Preservation Foundation (CPF) and the American Institute of Architects, California Council (AIA CA). The passage of SB 451 is a major success for CPF and places California alongside 36 other states that have adopted historic tax credits. We are extremely proud of our work to pass SB 451, which is a major achievement for CPF.