The TCAC Threshold Basis Limits will be updated and incorporated into the 2020 TCAC Excel application (Attachment 40) in December. The 2020 Operating Expense Minimums will also be published on the TCAC website in December. These two updates are required for tax credit applications submitted for the March 18, 2020 Committee Meeting (deadline January 17, 2020). A notice will be sent when the threshold basis limits and operating expense minimums have been finalized and are available on the TCAC website.
For more information visit our website: California Tax Credit Allocation Committee
