California Agency Opens Survey on Demand, Timing for $500 Million in State LIHTCs

Wednesday, September 11, 2019 - 10:15am

The California Tax Credit Allocation Committee (CTCAC) opened a survey on the $500 million in additional state low-income housing tax credits (LIHTCs) available in calendar year 2020 for 4 percent new construction multifamily housing developments. CTCAC may accept applications for the state LIHTC as soon as November 2019 for a January 2020 credit reservation. The survey is designed to assist CTCAC in preparing for application submissions.