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CDLAC To Ask for Third Round of LIHTC Allocations

Monday, August 27, 2001 - 1:45AM

Taking advantage of an undersubscribed second round, the California Debt Limit Allocation Committee staff on September 6 will ask Committee members to hold a third round of rental project allocations for 2001. About $150 million in private activity bonds remains from the second round of funding, which took place on August 22. CDLAC executive director Laurie Weir says if the Committee approves the request, she anticipates applications will be due the first week of October with allocations made the second week in December.

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