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

Federal (9%) Credit Awards

Annual Federal Credits Awarded: $91,101,325
Total State Credits Awarded: $111,069,513
Projects Awarded: 89
Total Number of Units: 4,903
Total Number of Low Income Units: 4,794

Federal (4%) Plus State Credit Awards

Annual Federal Credits Awarded: $5,078,001
Total State Credits Awarded: $12,978,507
Projects Awarded: 8
Total Number of Units: 589
Total Number of Low Income Units: 578

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

Annual Federal Credits Awarded: $132,476,827
Projects Awarded: 124
Total Number of Units: 13,012
Total Number of Low Income Units: 12,739