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Tuesday, September 26, 2006 - 7:00AM

The California Tax Credit Allocation Committee (TCAC) yesterday announced a third funding round for federal 4 percent low-income housing tax credits (LIHTCs) along with state tax credits. TCAC will make available approximately $7 million in state low income housing tax credits in this third round. Applications will be due no later than 5 p.m., October 31, 2006 at the tax credit allocation committee headquarters in Sacramento. Applications will not be accepted in the Treasurer's Los Angeles office for this special round.

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