California Tax Credit Allocation Committee

2021 $500 Million Total State Tax Credit Dashboard

$500 Million State Low-Income Housing Tax Credits Dashboard - New Construction


Total Beginning Balances
 
2020 General Allocation Remaining: $15,385,847
2021 General Allocation Available: $350,000,000
2021 CalHFA MIP* Allocation Available: $150,000,000
2021 Available: $515,385,847

2021 General Allocation

Beginning Balance: $365,385,847
 
Total State Credits Awarded - First Round: $147,092,065
Projects Awarded: 26
Total Number of Units: 2,721
Total Number of Low Income Units: 2,549
 
Total State Credit Awarded – Second Round: $204,322,714
Projects Awarded: 25
Total Number of Units: 2,292
Total Number of Low Income Units: 2,262
 
Total State Credit Awarded – Third Round: $148,649,627
Projects Awarded: 17
Total Number of Units: 1,689
Total Number of Low Income Units: 1,668
 
Total State Credit Returned: $45,931,360
 
Total State Credit Transferred from
2021 CalHFA MIP Allocation Balance:
$107,409,604
   
Remaining Balance: $18,662,405

2021 CalHFA MIP Allocation

Beginning Balance: $150,000,000
 
Total State Credits Awarded - First Round: $0
   
Total State Credit Awarded – Second Round: $28,695,501
Projects Awarded: 5
Total Number of Units: 807
Total Number of Low Income Units: 800
 
Total State Credit Awarded – Third Round: $13,894,895
Projects Awarded: 2
Total Number of Units: 413
Total Number of Low Income Units: 408
 
Total State Credit Transferred to 2021 General Allocation: $107,409,604
 
Remaining Balance: $0
   
New Construction Total Remaining Balance: $18,662,405
   

*California Housing Finance Agency Mixed-Income Program

Updated: December 22, 2021