California
California Updates Placed in Service Checklist and Form B
Owners should begin utilizing the new documents immediately.
California Public Utilities Commission Dedicates $80M to Energy Savings Assistance Programs
These funds will support a new multifamily whole building energy efficiency retrofit program.
California: Zack Olmstead Joins HCD
Zack Olmstead will join California’s Department of Housing and Community Development as the new Assistant Deputy Director for Homeless and Housing Policy on November 28th.
California Releases Calculators for Proposed Tie Breakers for 2017/2018 QAPs
Public comment regarding these changes is due by October 31.
California Hosts Workshops on Veterans Housing and Homelessness Prevention Program
To date, $179 million has been awarded to 45 developments in two application cycles. The next Notice of Funding Availability (NOFA) is estimated to be released in November.
California Posts Document for Public Comment Re Land Use and Climate Change Policy
The California Natural Resources Agency has recently posted a draft document titled “Vibrant Communities and Landscapes: a Vision for California in 2050.”
California Posts Public Hearing Dates Oct. 4-7
The California Tax Credit Allocation Committee will hold 4 public hearings from October 4-7 to discuss changes to the QAP. Read on for a summary of QAP changes.
California Posts 2016 Second Round Preliminary Recommendations
The California Tax Credit Allocation Committee recently released its preliminary allocation recommendations / rankings for 9% set-asides, 9% geographic regions, and tax-exempt bond projects. These items will be discussed at the next CTCAC Meeting.
Work Force Housing for Teachers Signed by Governor in California
The state law aims to create affordable housing for teachers and school district employees by utilizing land owned by school districts for development of income-restricted housing.
California Releases High Cost Task Force Memo
The California Tax Credit Allocation Committee (TCAC) and the California Debt Limit Allocation Committee (CDLAC) Executive Directors Mark Stivers and Jeree Glasser-Hedrick recently assembled a task force to discuss high cost housing projects.
California Posts Second Round Competitive Tax Credit Applications Received
The California Tax Credit Allocation Committee has recently posted a list of applications received for the second round of competitive tax credits. Applicants are encouraged to check the list to ensure they are on it. If you do not see your application on the list, or there is an error, you should contact your regional […]
California: Update on contracting with BPI Certified Individuals/Entities
The California Tax Credit Allocation Committee Application Information page has been updated…