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California Tax Credit Allocation Committee

About CTCAC

Program Areas

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 6/23/14

Federal (9%) Credit Awards

Annual Federal Credits Awarded: $42,605,040
Total State Credits Awarded: $50,770,907
Projects Awarded: 41
Total Number of Units: 2,267
Total Number of Low Income Units: 2,228

Federal (4%) Plus State Credit Awards

Annual Federal Credits Awarded: $3,181,122
Total State Credits Awarded: $10,257,521
Projects Awarded: 5
Total Number of Units: 369
Total Number of Low Income Units: 363

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

Annual Federal Credits Awarded: $32,592,628
Projects Awarded: 45
Total Number of Units: 3,983
Total Number of Low Income Units: 3,914