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California TCAC Holds Hearings About LIHTC Regulations

Monday, February 16, 2004 - 1:45AM

Following the publication of the first draft of the 2004 proposed program regulations for California’s low-income housing tax credit (LIHTC) program, the Tax Credit Allocation Committee (TCAC) held two public hearings, at which 25 people testified, and had a public comment period that resulted in 55 written responses. According to a memo published February 11, staff is preparing to recommend proposed regulations that incorporate many of those comments. Click here for a second draft of the 2004 program regulations and a summary of changes from the first draft.

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