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California Debt Limit Allocation Committee
(CDLAC)

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Federal law limits how much tax-exempt debt a state can issue in a calendar year for private projects that have a qualified public benefit. This cap is determined by a population-based formula. CDLAC was created to set and allocate California’s annual debt ceiling, and administer the State’s tax-exempt bond program to issue the debt. CDLAC’s programs are used to finance affordable housing developments for low-income Californians, build solid waste disposal and waste recycling facilities, and to finance industrial development projects.

Here's what we offer:

Qualified Residential Rental Project Program Single-Family First-Time Homebuyer Program Waste/Recycling Exempt Facilities Financing Industrial Development Bond Project Program Qualified Public Educational Facility Bond Program