California TCAC Publishes Guidance for Hybrid LIHTC Developments

Thursday, June 21, 2018 - 3:15pm

The California Tax Credit Allocation Committee (TCAC) today published guidance for those using a hybrid of 9 percent and 4 percent low-income housing tax credits to develop affordable housing. The guidance covers items such as calculating developer fees, how developments will be scored, how set-asides will be determined, common-area components and more. TCAC suggested contacting the developer’s regional analyst with questions.