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: $91,543,354
Total State Credits Awarded: $112,795,659
Projects Awarded: 90
Total Number of Units: 4,943
Total Number of Low Income Units: 4,833

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: $102,387,464
Projects Awarded: 94
Total Number of Units: 10,037
Total Number of Low Income Units: 9,830