The Latest
- September 18, 2013 Schedule of Critical Dates
Posted 5/20/13 - Emergency Rulemaking 5-Day Pre-Notice
Posted 5/16/13 - Inducement-Reimbursement Resolution Reminder
Posted 4/25/13 - July 17, 2013 Schedule of Critical Dates
Posted 4/15/13 - 15-Day Notice of Public Rulemaking
Posted 3/22/13 - Update to the CDLAC March 11, 2011 Memorandum on Existing and Future Redevelopment Agency-Financed Projects
Updated 3/19/13 - Sean Spear’s Presentation – 2012 CDLAC Results to Date
Posted 3/8/13 - March 13, 2013 Meeting Agenda and Exhibit A
Posted 3/1/13 - Final Recommendations for March 13, 2013
Posted 3/1/13 - Qualified Energy Conservation Bond (QECB)
Allocation Available for Reallocation on May 15, 2013
Posted 2/13/13 - Community Revitalization Area Points Reminder for Dissolved Redevelopment Project Areas and Existing Enterprise Zones
Posted 2/7/13 - March 1st Compliance Reminder Memo
Posted 2/4/13 - Schedule of Critical Dates for May 15th Meeting
Posted 12/10/12 - 2012 Summary of Public Benefits Analysis
Posted 2/1/13 - List of Awards for December 12, 2012 Meeting
Posted 12/13/12 - Schedule of Critical Dates for March 13th Meeting
Posted 12/10/12 - Annual Issuer Self Certification
Posted 11/2/12 - 2013 Meeting Dates
Posted 9/27/12 - 2012 Affordable Housing Cost Study Public Participation and Information Page
Posted 6/18/12
Single Family First-Time Homebuyer Program
Single Family First-Time Homebuyer Program Description
State and local governmental agencies and joint powers
authorities can issue tax-exempt mortgage revenue bonds (MRBs)
or mortgage credit certificates (MCCs) to assist first-time
homebuyers to purchase homes. These agencies and authorities
may issue MRBs, the proceeds of which back below market
interest rate mortgages. As an alternative to issuing MRBs,
state and local governmental agencies and joint powers
authorities may issue MCCs. Homebuyers use the MCC to reduce
their federal tax liability by applying the credit to their
net tax due. Homebuyers may purchase single-family homes,
either free-standing detached, condominiums or townhouses.
Program participants must meet program income limits and must
purchase a home that falls within the program's purchase price
limitations.
- Mortgage Revenue Bond Application
- Mortgage Credit Certificate Application
(please submit application in a 3 ring binder with all attachments labeled) - Veteran's Home Loan Program Application
- 2013 Local Fair Share Amounts
- Performance Deposit Certification Form
- Annual Applicant Public Benefits and Ongoing Compliance Self-Certification Form
- Report of Action Taken Form for Bond Issues
- Report of Action Taken Form for MCC Issues
- Applications Questions and Answers