California State Board of Equalization
Proposition 13 limits annual increases in a property's assessed value to no more than 2% per year, regardless of market appreciation. This protects homeowners from sharp increases in property taxes as home values rise. Certain remodeling and improvements may trigger partial reassessment; consult the LA County Assessor for applicable exclusions.
Annual savings grow over time as market values rise above assessed value
Deadline: Ongoing, protection applies automatically at purchase
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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