California Tax Credit Allocation Committee

About CTCAC

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.

 

Fast Facts 2014 Totals as of 12/12/14

Federal (9%) Credit Awards

Annual Federal Credits Awarded: $91,789,133
Total State Credits Awarded: $97,523,148
Projects Awarded: 83
Total Number of Units: 4,931
Total Number of Low Income Units: 4,846

Federal (4%) Plus State Credit Awards

Annual Federal Credits Awarded: $4,538,475
Total State Credits Awarded: $14,553,964
Projects Awarded: 8
Total Number of Units: 542
Total Number of Low Income Units: 533

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

Annual Federal Credits Awarded: $76,236,695
Projects Awarded: 97
Total Number of Units: 8,671
Total Number of Low Income Units: 8,472