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California TCAC Says 98 Applicants for LIHTCs

Friday, August 8, 2003 - 1:45AM

Ninety-eight applicants requested more than $76 million in federal 9 percent low-income housing tax credits (LIHTC) and almost $50 million in state LIHTCs in the California Tax Credit Allocation Committee’s (TCAC) second round of allocations. Combined, the 98 applications would produce 6,393 units of affordable housing. Click here for detailed lists of the applicants for TCAC’s second round, including requests for 4 percent LIHTCs to be used in combination with tax-exempt private activity housing bonds.

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