California BOE Updates 2026-27 Income Limits for Welfare Exemption Eligibility

The California State Board of Equalization (BOE) Property Tax Department issued a notice providing the 2026-27 income levels to be used by county assessors in determining eligibility for the welfare exemption for certain rental housing properties. The notice includes details on the income limits to be used for low-income rental housing under Revenue and Taxation Code Section 214(g), including provisions for allowing higher “over-income” tenant limits of 100 or 140 percent of area median income in certain cases, as well as the moderate income limits of 120 percent of area median income to be used for elderly or handicapped rental ...