CTCAC Publishes Final Proposed Regulations for Allocating Disaster LIHTCs

Wednesday, November 4, 2020 - 12:15pm

The California Tax Credit Allocation Committee (CTCAC) this week published final proposed regulation changes concerning the allocation of extra low-income housing tax credits (LIHTCs) in 2020 and 2021 granted for recovery from the wildfires of 2018. The changes reflect updated comments on the original proposed changes made in writing and in public hearings. The updated regulations will be considered for adoption Nov. 18.

State LIHTCs will be among the topics discussed at the Novogradac 2020 Tax Credit Housing Finance Virtual Conference, Dec. 3-4.