Section 214.09.
Cal. Revenue and Taxation Code - RTC § 214.09.
in effectFor purposes of Sections 214.06, 214.07, and 214.08, all of the following shall apply:
(a)
“Local government” means any city, county, city and county, housing authority, housing successor to a redevelopment agency, or a joint powers agency that has approved land use entitlements or building permits, provided land or financing, or approved the issuance of tax-exempt bonds pursuant to the federal Tax Equity and Fiscal Responsibility Act for the low-income housing project.
(b)
“Low-income housing project” means a low-income housing project that is eligible for the exemption provided by subdivision (g) of Section 214.
(c)
“Payment in lieu of taxes agreement” means any agreement entered into between a local government and a property owner of a low-income housing project that requires the owner of the low-income housing project to pay the local government a charge to compensate the local government for lost property tax revenues resulting from the low-income housing project receiving an exemption pursuant to subdivision (g) of Section 214.
References
referencesCal. Revenue and Taxation Code - RTC § 214.06.
referencesCal. Revenue and Taxation Code - RTC § 214.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026