What We Offer
Federal law limits how much tax-exempt debt a state can issue in a calendar year for private projects that have a qualified public benefit. This cap is determined by a population-based formula. The California Debt Limit Allocation Committee (CDLAC) was created to set and allocate California’s annual debt ceiling and administer the State’s tax-exempt bond program to allocate the debt authority.
CDLAC’s programs are used to finance affordable housing developments for low-income Californians, build solid waste disposal and waste recycling facilities, and to finance industrial development projects.
Program Overview
Qualified Residential Rental Project (QRRP) Program
Designed to assist developers of multifamily rental housing units to acquire land and construct new units or purchase and rehabilitate existing units.
Single-Family Housing Program
Designed to assist first-time homebuyers with the purchase of a home by lowering tax liability.
Other Exempt Facility Bond Program
Provides tax-exempt bond financing for projects involving the acquisition, construction, or installation of qualified solid waste disposal facilities.
Industrial Development Bond Program
Designed to assist manufacturing facilities to finance capital expenditures.
Make a Payment
CDLAC's fee payments can now be made via an electronic payment system. Manual payments are still accepted via check.
Essential CDLAC Resources
Find essential documents, application materials, and reporting tools from the California Debt Limit Allocation Committee.
Meeting Agendas, Schedule and Materials
Regulations
Current Program Year
Prior Program Years
Compliance
Forms
Online Application Portal
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Highlights
Explore the latest news, reports, and key initiatives from the Treasurer's Office.
2026 Demand Survey
An annual survey for bond underwriters and investors to gauge demand for public finance offerings in the upcoming year.
Strategic Plan Final Report
The complete final report detailing the strategic goals, objectives, and vision for the Treasurer's Office.
Housing Initiatives
An overview of the Treasurer's key initiatives and programs aimed at financing affordable housing across California.
Archived Highlights
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