The California Tax Credit Allocation Committee (CTCAC) administers the federal and state Low-Income Housing Tax Credit Programs. Both programs were created to promote private investment in affordable rental housing for lower-income Californians.
Financing affordable housing development since 1986
CTCAC has assisted nearly 600,000 affordable homes, serving over 1 million households since the program was created.
Guiding developers and owners of tax credit projects
Our team provides essential guidance for developers and property managers that are using the low-income housing tax credit program.
Ensuring compliance with federal and state laws and regulations
CTCAC monitors compliance throughout the entire term of the project’s regulatory period, typically 55 years.
What We Offer
CTCAC administers the federal and state Low-Income Housing Tax Credit (LIHTC) program which encourages private investment in affordable rental housing for households meeting certain income requirements. CTCAC monitors a tax credit project for progress in meeting milestones and reservation requirements up until it is completed. Once a project is placed-in-service, CTCAC provides federal compliance monitoring for the initial 15 years and then continues auditing and monitoring projects throughout the regulatory agreement period, in most cases for a total of 55 years.
