CTCAC Releases Year-to-Date Awards for State LIHTCs
The California Tax Credit Allocation Committee today released a year-to-date list of state low-income housing tax credit (LIHTC) awards. California can award $500 million in state LIHTCs in 2020 and the list includes awards made Feb. 18. Combining the general allocation and the California Housing Finance Agency Mixed-Income Program allocation, there remains $282 million in state LIHTCs available for allocation this year. Fifty-three new-construction properties were included on the year-to-date award list.