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CALIF. PUBLISHES UPDATED QAP, CDLAC ANNOUNCES 2007 BOND CAP

Thursday, February 22, 2007 - 8:00AM

The California Tax Credit Allocation Committee (TCAC) today posted an updated qualified allocation plan (QAP) for its low-income housing tax credit (LIHTC) program. Also, yesterday state treasurer Bill Lockyer announced that in 2007 California will issue as much as $3.1 billion in tax-exempt bond financing for affordable housing, industrial development projects and college student loans.

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