California Tax Credit Allocation Committee

Low-Income Housing Tax Credit Programs

photos of construction and housing

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For additional information on the Low-Income Housing Tax Credit Program please contact CTCAC.

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The California Tax Credit Allocation Committee (CTCAC) facilitates the investment of private capital into the development of affordable rental housing for low-income Californians. CTCAC allocates federal and state tax credits to the developers of these projects. Corporations provide equity to build the projects in return for the tax credits. TCAC verifies that the developers have met all the requirements of the program and ensures the continued affordability and habitability of the developments for the succeeding 55 years.

News Release: State Treasurer Fiona Ma Announces Extensions and Flexibility for Affordable Housing Projects Affected by Bank Closures