CDLAC logo

California Debt Limit Allocation Committee
(CDLAC)

Federal law limits how much tax-exempt debt a state can issue in a calendar year for private projects that have a qualified public benefit. This cap is determined by a population-based formula. CDLAC was created to set and allocate California’s annual debt ceiling, and administer the State’s tax-exempt bond program to issue the debt. CDLAC’s programs are used to finance affordable housing developments for low-income Californians, build solid waste disposal and waste recycling facilities, and finance direct loans used by in-need college students and their parents.

Here's what we offer:

Qualified Residential Rental Project Program Single-Family First-Time Homebuyer Program Home Improvement and Rehabilitation Program Waste/Recycling Exempt Facilities Financing Industrial Development Bond Project Program Beginning Farmer Program Extra Credit Home Purchase Program Student Loan Program Recovery Zone Reallocation Program Qualified Energy Conservation Reallocation Program

Treasurer Tackles California’s Affordable Housing Crisis