California
California Tax Credit, Debt Limit Allocation Committee Meetings – May 25
The California Debt Limit Allocation Committee (CDLAC) will meet at 10 a.m. PT on May 25, followed by the California Tax Credit Allocation Committee (TCAC) at 10:15 a.m. PT, or upon adjournment of the CDLAC meeting. Join via Teams or by dialing (888) 557‐8511, code: 5651115. The CLDAC agenda is available here and the TCAC agenda is available here.
Treasury Calls for More Housing Investments via SLFRF
Last week, Deputy Secretary of the Treasury Wally Adeyemo visited an affordable housing services center in the City of Compton in Los Angeles County where he highlighted how California is using American Rescue Plan funds to keep families in their homes and build more affordable housing. California budgeted over $7.4 billion of its State and […]
CHP Analysis of CalHFA’s Mixed-Income Program
The California Housing Partnership recently analyzed data from the first three years of program awards of CalHFA’s Mixed Income Program (MIP) to assess its impact to date and compare it with other longstanding affordable housing finance programs on such factors as development type and location, levels of affordability and costs. Key findings from the MIP […]
California Hosts Solar 101 Institute
The California Housing Partnership is hosting the Solar 101 Institute on May 10 and 17 from 10 a.m. to noon PT.
California Releases Draft 2022 -2023 Annual Action Plan, Comments Due May 11
The California Department of Housing and Community Development (HCD) released the 2022-2023 Annual Action Plan (AAP).
California HCD Releases 2022 Multifamily Finance Final Guidelines and Super NOFA
The California Department of Housing and Community Development (HCD) published the Multifamily Finance Final Guidelines and Notice of Funding Availability (Super NOFA).
California HCD Pilots Advance Payments for Microenterprise and Business Assistance CDBG-CV Grantees
The California Department of Housing and Community Development (HCD) released a Community Development Block Grant (CDBG) Management Memo, which documents the process and requirements that CDBG-CV Microenterprise and Business Assistance Grantees must use to obtain advance funding under CDBG-CV programs.
CHP Releases 2022 California Affordable Housing Needs Report
Key findings from the California Housing Partnership’s annual Affordable Housing Needs Report include:
California Posts Four Percent Applications Received
The California Tax Credit Allocation Committee posted the list of four percent applications received as of March 16.
California Portfolio Reinvestment Program NOFA
The California Department of Housing and Community Development (HCD) released the Notice of Funding Availability (NOFA) for approximately $285 million in Portfolio Reinvestment Program (PRP) funds.
California TCAC Meeting – March 29
The California Tax Credit Allocation Committee will hold a meeting on March 29 at 11 a.m. PT.
California Updates 2022 Credit Estimates
The California Tax Credit Allocation Committee updates its 2022 Credit Estimates. Specifically, the State Tax Credits for New Construction four percent Projects on page three have been updated to reflect the amounts available for the General Allocation and for California Housing Finance Agency (CalHF — Mixed Income Program (MIP) projects.