California Tax Credit Allocation Committee

2023 $500 Million Total State Tax Credit Dashboard

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


Total Beginning Balances
 
2022 General Allocation Remaining: $16,505,403
2023 General Allocation Available: $300,000,000
2023 CalHFA MIP* Allocation Available: $200,000,000
2023 Available: $516,505,403

2023 General Allocation

Beginning Balance: $316,505,403
 
Total State Credits Awarded - First Round: $315,552,485
Projects Awarded: 25
Total Number of Units: 2,784
Total Number of Low-Income Units: 2,752
 
Total State Credits Awarded - Second Round: $0
Projects Awarded: 0
Total Number of Units: 0
Total Number of Low-Income Units: 0
 
Total State Credit Returned: $1,975,117
 
Total State Credit Transferred from
2023 CalHFA MIP Allocation Balance:
$18,189,738
   
Remaining Balance: $21,117,773

2023 CalHFA MIP Allocation

Beginning Balance: $200,000,000
 
Total State Credit Awarded – First Round: $0
Projects Awarded: 0
Total Number of Units: 0
Total Number of Low Income Units: 0
 
Total State Credit Awarded – Second Round: $181,810,262
Projects Awarded: 12
Total Number of Units: 2,030
Total Number of Low Income Units: 2,008
 
Total State Credit Transferred to 2023 General Allocation: $18,189,738
 
Remaining Balance: $0
   
New Construction Total Remaining Balance: $21,117,773
   

*California Housing Finance Agency Mixed-Income Program

Updated: August 23, 2023