Mark Stivers left his post as executive director of the California Tax Credit Allocation Committee (TCAC) on Sunday, Jan. 6. Stivers was appointed by California State Treasurer John Chiang in 2015. In an email to TCAC stakeholders, Stivers wrote “I intend to remain in public service working on housing issues.”

Treasurer Chiang ran for state governor in 2018 but lost during the primaries. The new treasurer, Fiona Ma, was sworn into office on Jan. 7, 2019. Treasurer Ma will likely appoint a new TCAC executive director in the coming weeks.