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California Tax Credit Allocation Committee

About CTCAC

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
2012 Totals as of 12/31/12

Federal (9%) Credit Awards

Annual Federal Credits Awarded: $87,345,016
Total State Credits Awarded: $85,508,947
Projects Awarded: 102
Total Number of Units: 6,393
Total Number of Low Income Units: 6,246

Federal (4%) Plus State Credit Awards

Annual Federal Credits Awarded: $8,503,472
Total State Credits Awarded: $26,322,456
Projects Awarded: 13
Total Number of Units: 1,228
Total Number of Low Income Units: 1,212

Federal (4%) With Tax-Exempt Bond Financing Awards

Annual Federal Credits Awarded: $61,399,336
Projects Awarded: 83
Total Number of Units: 8,250
Total Number of Low Income Units: 7,809