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 2015 Totals YTD

Federal (9%) Credit Awards

Annual Federal Credits Awarded: $43,516,622
Total State Credits Awarded: $55,755,543
Projects Awarded: 48
Total Number of Units: 2,540
Total Number of Low Income Units: 2,473

Federal (4%) Plus State Credit Awards

Annual Federal Credits Awarded: $4,611,209
Total State Credits Awarded: $11,673,139
Projects Awarded: 6
Total Number of Units: 519
Total Number of Low Income Units: 510

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

Annual Federal Credits Awarded: $51,641,723
Projects Awarded: 49
Total Number of Units: 5,582
Total Number of Low Income Units: 5,459