California Debt Limit Allocation Committee
- Fact Sheet: Treasurer John Chiang’s Affordable Housing Initiative
- Regulations and Application Instructions
- Qualified Residential Rental On-Line Application
- Issuer Self Certification of Compliance System
- 2016 Allocation Activities
- Prior Program Years
- Fast Facts
- Policy, Regulations, and Program Updates
- Meeting Agendas and Materials
- Sign Up to Receive CDLAC Information
- Added 2016 Meeting Survey
- Application Guidance Regarding Expiring 2015 Difficult Development Area (DDA)/Qualified Census Tract (QCT) Projects
- Updated Expiring Difficult Development Area Projects Memo
- Winter Tax Credit Allocation Committee (TCAC) - CDLAC Workshop CDLAC Presentation
- Redevelopment Funds Clarification Memo
Did You Know?
CDLAC’s programs have resulted in the allocation of more than $65 billion of private activity tax-exempt bonds to over 220 municipal, state, and joint powers authority issuers.
Federal law limits how much tax-exempt debt a state can issue in a calendar year for private projects that have a qualified public benefit. This cap is determined by a population-based formula. CDLAC was created to set and allocate California’s annual debt ceiling, and administer the State’s tax-exempt bond program to issue the debt. CDLAC’s programs are used to finance affordable housing developments for low-income Californians, build solid waste disposal and waste recycling facilities, and finance direct loans used by in-need college students and their parents.