STATE OF CALIFORNIA
Philip Angelides, Chairman
CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE
915 CAPITOL MALL, ROOM 311
SACRAMENTO, CA 95814
TELEPHONE: (916) 653-3255
FAX: (916) 653-6827
DATE: January 22, 2004
TO: Qualified Residential Rental Project Applicants
FROM: LAURIE WEIR, Executive Director
SUBJECT: Announcement of Minimum Point Threshold
In an effort to assure heightened public benefits and incentive to improve project scores, the Committee approved the implementation of a minimum point threshold for 2004 such that any allocation to a project scoring below 70 points in the General Pool and Rural Pool or 60 points in the Mixed Income Pool will be held until after the last scheduled round for the year.
Please do not hesitate to contact me should you have questions concerning this matter.