I can offer both conventional (Fannie Mae, Freddie Mac) and government (FHA, VA, USDA) options to help make it happen! 

Borrowing costs are nearing their highest point in decades and the municipal and state debt crises do not get nearly the attention of the federal government or deserve.Environmental Impacts : My assumption is that the entire toxic debris removal process will have to be managed by the Army Corp of Engineers X FEMA and other governmental agencies.

Many of these are low income, government subsidized housing units.

Newsom's plan is lazy governing.   

I have had several cases where I finally got cops or government officials to only do their job after being very loud to the newspapers, but it does work.  

How is the purchase price determined (ie is that governed by the IRS?)?

The labor is cheap but is usually terrible quality.You have very little insight into the governments plans for development and i have seen that have amazing impact on some areas and terrible impact on others.If you are going through with the purchase i wish you good luck and urge you to consider traffic patterns.

(As AZ and your current state will fight over who gets to tax your gains with the federal government.)I have to throw most of the shade on your horrible tax guy/cpa who didn’t tell you renting it out was a $50-$100k mistake. 

Your relo benefits will likely govern this decision more than other factors.

Thats insane the government is proposing these rules.