The Latest
California Tax Credit Allocation Committee
About CTCAC
- CTCAC Overview
- Authority Members
- American Recovery & Reinvestment Act (ARRA) Information
- TCAC Staff Regional Assignments
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 and a Commercial Revitalization Deduction Program.
Fast Facts
2009 Year-to-Date Totals*
Federal (9%) Credit Awards
Annual Federal Credits Awarded: $91,561,322
Total State Credits Awarded: $65,592,151
Projects Awarded: 79
Total Number of Units: 4,934
Total Number of Low Income Units: 4,840
Federal (4%) Plus State Credit Awards
Annual Federal Credits Awarded: $1,808,987
Total State Credits Awarded: $6,718,223
Projects Awarded: 3
Total Number of Units: 186
Total Number of Low Income Units: 183
Federal (4%) With Tax-Exempt Bond Financing Awards
Annual Federal Credits Awarded: $41,677,934
Projects Awarded: 61
Total Number of Units: 5,251
Total Number of Low Income Units: 5,053
*See ARRA award information.