QAP California

California Publishes Final Proposed Regulation Changes to be Considered at April 3 Meeting

The California Tax Credit Allocation Committee (TCAC) published the final proposed regulation changes following its Feb. 26, 2024 proposed regulation changes.  

QAP California

California Updates Placed-in-Service (PIS) Application Submission Deadline Memo

Effective June 1, 2024, project owners are expected to submit the required PIS documents by the required deadline in accordance with the CTCAC regulations.

QAP California

California Updates PIS Process

The California Tax Credit Allocation Committee (CTCAC) updated its Placed in Service (PIS) process.

QAP California

California Announces NOFA for $172 Million

The California Department of Housing and Community Development (HCD) released the final National Housing Trust Fund (NHTF) guidelines and  Notice of Funding Availability (NOFA) of approximately $172 million.


California Publishes Opportunity Maps

The California Tax Credit Allocation Committee/Housing Community Development (CTCAC/HCD) published the 2024 Draft Opportunity Maps.


Governor Newsom Signs Package to Streamline Housing and Expand Tenant Protections in California

Governor Gavin Newsom (D) announced that he signed 56 bills into law that incentivize and reduce barriers to housing and support the development of more affordable homes throughout California.


California Invests $736 Million to Fund Homekey Projects 

Governor Gavin Newsom announced the first grant awards from round three of Homekey, the administration’s initiative to help jurisdictions rapidly expand the availability of permanent or interim housing for individuals and families experiencing or at risk of, homelessness.

General News

Los Angeles Community College District to Develop Student and Workforce Housing

Los Angeles Community College District (LACCD) announced their commitment to develop affordable housing for its students and workforce by issuing an RFI/RFQ to partner with interested parties, including public agencies and private entities.

Cal HFA Sells $84.9 Million in Multifamily Revenue Bonds

The California Housing Finance Agency (HFA) sold $84.9 million of affordable multifamily housing revenue bonds.


California Releases Amendment to Transition Reserve Policy and Funding Availability Calendar

The California Department of Housing and Community Development (HCD) released an amendment to its Transition Reserve Policy Administrative Memo, which implements statutory changes made under SB 948 (Chapter 667, Statutes 2022) applicable to Health and Safety Code Section 60468.

QAP California

Comments on California’s Proposed LIHTC Changes Due April 26; Hearing April 19

The California Tax Credit Allocation Committee (CTCAC) published Proposed Regulation Changes with Initial Statement of Reasons.


Terner Center Report on New Pathways to Encourage Housing Production

In the past six years, California has introduced over 100 laws aimed at increasing housing production.

[Page 1 of 52 ]