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This document is a staff report regarding the application for a qualified private activity bond allocation for the Terramar Apartments, a new construction residential rental project located in San
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How to fill out California Debt Limit Allocation Committee Application

01
Visit the California Debt Limit Allocation Committee (CDLAC) website to download the application.
02
Review the eligibility requirements and ensure your project qualifies.
03
Gather necessary documentation, such as financial statements, project descriptions, and supporting materials.
04
Fill out the application form completely, ensuring all sections are completed accurately.
05
Attach all required documentation as specified in the application instructions.
06
Double-check the application for completeness and accuracy.
07
Submit the application by the deadline, via the method specified in the application instructions.

Who needs California Debt Limit Allocation Committee Application?

01
Developers seeking low-income housing tax credits.
02
Organizations involved in affordable housing projects.
03
Non-profits that are applying for tax-exempt bond financing.
04
Entities looking to utilize the state’s allocation of tax-exempt bonds.
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This cap is determined by a population-based formula. CDLAC was created to set and allocate California's annual debt ceiling, and administer the State's tax-exempt bond program to issue the debt.
CDLAC's Sacramento office shall receive the TCAC $1000 application fee and the CDLAC $1200 application fee, whether hand delivered or submitted via mail, no later than 4:00 p.m. on the application due date.
Pay the nonrefundable $75 application fee. Fee waivers are available to students who qualify based on need.
Submission requires a $60 application fee, but UM-Dearborn offers limited application fee waivers on a first-come, first-serve basis. The fee is nonrefundable and can't be applied towards tuition or other fees.
Submit Application Fee All applicants must submit a non-refundable $25 application fee or submit a fee waiver.

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The California Debt Limit Allocation Committee Application is a form used to apply for the allocation of tax-exempt bond volume cap in the state of California, which is essential for financing various types of affordable housing projects.
Entities seeking to access tax-exempt bond financing for projects such as affordable housing developments, manufacturing projects, or nonprofit facilities are required to file the California Debt Limit Allocation Committee Application.
To fill out the application, the applicant must provide detailed information about the proposed project, including project description, financing details, and compliance with applicable state and federal regulations. It is advisable to follow the guidelines provided by the California Debt Limit Allocation Committee.
The purpose of the California Debt Limit Allocation Committee Application is to allocate the limited amount of tax-exempt bond capacity to beneficial projects that fulfill the state's objectives of promoting affordable housing and community development.
The application must report information such as project identification, financing details, intended use of bond proceeds, compliance with housing and environmental regulations, and the organization’s qualifications.
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