Low-Income Housing Tax Credit Programs

The California Tax Credit Allocation Committee (CTCAC) facilitates the investment of private capital into the development of affordable rental housing for low-income Californians. CTCAC allocates federal and state tax credits to the developers of these projects. Corporations provide equity to build the projects in return for the tax credits. TCAC verifies that the developers have met all the requirements of the program and ensures the continued affordability and habitability of the developments for the succeeding 55 years.

News Release: State Treasurer Fiona Ma Announces Extensions and Flexibility for Affordable Housing Projects Affected by Bank Closures

Applications

• 2024 Application Information

Requirements

• Post-Award Requirements
• Housing Supplier Diversity Reporting (AB 2873)
• Compliance Monitoring Program

Resources

• Regulations (Qualified Allocation Plan)
• $500 Million State Credit Resource
• Certificated State Credit
• Requirement to report sales to CTCAC.
• Current Guidance
• 2024 CTCAC/HCD Opportunity Area Maps
• Historical Funding Information
• Hybrid Application Guidance
• CTCAC Lease Rider Process
• CTCAC Lease Rider
• California Utility Allowance Calculator (CUAC)
• Information About the Section 811 Project Rental Assistance Demonstration Program
• Signage
  • Memorandum Regarding Signage
  • Logo