CTCAC Officially Amends Deadlines for LIHTCs Affected by Government Shutdown

Thursday, April 4, 2019 - 11:15am

The California Tax Credit Allocation Committee (CTCAC) officially amended provisions concerning how it scores low-income housing tax credit (LIHTC) applications that were impacted by the temporary shutdown of the federal government. CTCAC extended the 180- and 194-day deadlines to begin construction by 60 days for properties affected by the shutdown. CTCAC included the changes on pages 49 and 50 of its updated regulations.