The California Tax Credit Allocation Committee recently announced that it will hold two loan workshops for recipients of American Recovery and Reinvestment Act (ARRA) funds. All applicants that received a preliminary reservation of funds from the Committee under the Section 1602 low-income housing tax credit (LIHTC) exchange program or the Tax Credit Assistance Program (TCAP) must attend one of the workshops. These workshops, which will offer an overview of the loan process and provide a greater understanding of the disbursement procedures, and reporting and federal requirements, will be held on September 21 (Sacramento) and September 24 (Los Angeles). Read More…