The California Tax Credit Allocation Committee posted the awards from round three of its $500 million state tax credits and updated its dashboard. Information about the individual projects awarded is available here.
Gov. Gavin Newsom (D-CA) announced the second round of awards for Homekey. More than $236 million was awarded by the Department of Housing and Community Development for 20 projects in 12 California communities, totaling 1,810 units. The average cost to Homekey is just over $130,000 per unit and brings the total awarded under Homekey to $312.7 million to date.Read More