California Debt Limit Allocation Committee
- 2020 Report on the Allocation of Qualified Private Activity Bonds
- Guidance for 2020 Bond Recipients: Minimum 4% Credit Rate
- Completing the 2021 Application Attachment 40
- CDLAC IRS 2020 Compliance Notice
- 2021 CDLAC Allocation System
- 2021 Allocation by Round
- Updated 2021 CDLAC Meeting Schedule and Deadlines
- 2021 CDLAC Demand Survey
- Housing Initiatives
- Archived Highlights
Did You Know?
CDLAC’s programs have resulted in the allocation of more than $65 billion of private activity tax-exempt bonds to over 220 municipal, state, and joint powers authority issuers.
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.