Thousands of California tenants could face obscure tax bill for living in subsidized housing

that project administrators, not tenants, should pay possessory interest taxes.

Despite concern over its fees, which Waterford disputes as being excessive, the annual possessory taxes are more than what the company makes each year to run the buildings, Drachman said. Prang said he is waiting on an opinion from county counsel about whether taxing project administrators is an option, but warned the County Board of Supervisors in March that he may have to tax middle-income tenants.

Alternatively, a third bill that specifically leaves middle-income tenants open to possessory taxation passed its first house unanimously.

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