The California Tax Credit Allocation Committee (CTCAC) recently held two public forums regarding William Leach’s (Kingdom Development, Inc.) tiebreaker concept which looks at units per credit along with adjusters to account for both policy objectives and inherent cost differences.
The presentation given at the public forums is available, and CTCAC is looking for input from the public. Specifically, should CTCAC engage stakeholders over the next year to explore this concept and flesh out a new tiebreaker based on this concept? A brief explanation of your view would also be helpful. Please send comments by Friday, April 27 to [email protected].
Neither CTCAC staff nor the Committee has taken any position on this concept, and this concept will not be considered in the 2018 regulation change cycle. At this time, CTCAC is simply trying to assess the stakeholder community’s level of interest in some day replacing the current tiebreaker with something based on this new concept.
