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California Tax Credit Allocation Committee (CTCAC)
About CTCAC
- CTCAC Overview
- Authority Members
- American Recovery & Reinvestment Act (ARRA) Information
- CTCAC Development Staff Regional Assignments
Program Areas
The California Tax Credit Allocation Committee (CTCAC) administers the federal and state Low-Income Housing Tax Credit Programs. Both programs were created to encourage private investment in affordable rental housing for households meeting certain income requirements.
The CTCAC also administers a Farmworker Housing Assistance Program and a Commercial Revitalization Deduction Program.
Fast Facts
2011 Totals
Federal (9%) Credit Awards
Annual Federal Credits Awarded: $83,682,515
Total State Credits Awarded: $86,979,826
Projects Awarded: 105
Total Number of Units: 6,150
Total Number of Low Income Units: 6,026
Federal (4%) Plus State Credit Awards
Annual Federal Credits Awarded: $7,419,382
Total State Credits Awarded: $23,833,168
Projects Awarded: 16
Total Number of Units: 1,175
Total Number of Low Income Units: 1,134
Federal (4%) With Tax-Exempt Bond Financing Awards
Annual Federal Credits Awarded: $75,627,461
Projects Awarded: 109
Total Number of Units: 10,073
Total Number of Low Income Units: 9,340