By Alicia Robinson, The Orange County Register
September 20, 2019
A new 80-unit apartment complex that recently broke ground in Irvine could be a new beginning for the veterans, developmentally disabled people and families at risk of homelessness who will become its tenants when it opens next year.
But Salerno, as the project is called, is also important to local housing officials for the ending they hope it represents. Legislation Gov. Newsom is expected to sign would allow properties slated for affordable rental homes to get a tax exemption sooner, saving nonprofit builders between thousands and millions of dollars that could instead go toward building more homes – a benefit projects done after Salerno would enjoy.
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