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California TCAC Releases Second Draft of Proposed Regulation Changes for 2002 LIHTC

Friday, January 25, 2002 - 1:45AM

The California Tax Credit Allocation Committee (TCAC) today released the second draft of its proposed regulation changes for the 2002 Housing Tax Credit Program. After publication of TCAC’s first draft of the proposed 2002 regulations in mid-December, two public hearings were held, during which 39 people testified. The Committee also received 82 written comments on the regulations. As a result of that input, several of the initially suggested changes have been either dropped or modified.

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