Housing crisis: California bill aims to help the ‘missing middle’

SACRAMENTO — As the state’s costliest housing markets and high rents threaten to force all but the highest-paid workers into ever-longer commutes, California lawmakers have introduced a bill to help more teachers, firefighters and other middle-income workers live close to their jobs.
The new legislation, Assembly Bill 3152, would give nonprofit housing developers property tax exemptions on homes in high-cost areas that are rented at a discount to those with moderate incomes. The tax