An article in The Journal of Tax Credits explores how the dissolution of two redevelopment agency (RDA)-related budget bills will affect the affordable housing development market and related tax credits.

Thomas Morton, a partner with Pillsbury Winthrop Shaw Pittman LLP, noted in an interview with the publication that he didn’t think that the changes would frighten investors away from California properties, but that some might spend more time studying transactions and possibly tighten their approval processes.

To read the article in its entirety as posted in The Journal of Tax Credits, download: "RDAs’ Closure Shuts Door on Affordable Housing Development".