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This document is a staff report regarding the request for a tax-exempt bond allocation for a residential rental project in San Francisco, detailing project information, financing, and public benefits.
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How to fill out California Debt Limit Allocation Committee

01
Obtain the California Debt Limit Allocation Committee (CDLAC) application form from their official website.
02
Identify the type of project that requires debt allocation and ensure it aligns with CDLAC criteria.
03
Complete the application form with accurate details regarding the project, including financial data and project description.
04
Gather necessary supporting documents, such as financial statements, project plans, and any required certifications.
05
Submit the completed application form and supporting documents by the specified deadline to CDLAC.
06
Pay any required application fees associated with the submission.
07
Attend any scheduled hearings or meetings if required for project approval.
08
Await notification from CDLAC regarding the status of your application.

Who needs California Debt Limit Allocation Committee?

01
Developers of affordable housing projects seeking tax-exempt bond financing.
02
Non-profit organizations involved in housing development or community projects.
03
Cities and local agencies looking for financing options for public benefit projects.
04
Investors interested in purchasing tax-exempt bonds issued for qualified projects.
05
Entities engaged in financing low-income housing or other public welfare initiatives.
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SACRAMENTO – State Treasurer Fiona Ma has appointed Marina Wiant as the Executive Director of the California Debt Limit Allocation Committee (CDLAC) and the California Tax Credit Allocation Committee (CTCAC).
Chief Executive Officer. A first-generation, Panamanian American born and raised in the East New York neighborhood of Brooklyn, Richard R. Buery, Jr. has spent his career fighting to advance equal opportunities for families and communities often left behind.
In December 2018, Governor Polis appointed Joe Barela as the Executive Director of the Colorado Department of Labor and Employment, a 1900-person state agency. Joe has more than 25 years of experience in workforce and human capital development and is seen as a local and national leader in the field.
Marina Wiant - Executive Director, TCAC/CDLAC - California State Treasurer's Office LinkedIn.
Anna Hehman, Executive Director.

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The California Debt Limit Allocation Committee (CDLAC) is a state agency responsible for allocating the state ceiling on tax-exempt private activity bonds as established by federal law.
Entities seeking to issue tax-exempt bonds for qualified projects must file with CDLAC, which typically includes public agencies, private developers, and non-profit organizations.
To fill out the CDLAC application, applicants must complete the required forms, provide project details, financial information, and supporting documentation, and submit these materials as per the guidelines outlined by CDLAC.
The purpose of CDLAC is to ensure that the limited volume cap on tax-exempt bonds is utilized effectively to promote affordable housing and other eligible projects that benefit the public.
Applicants must report project descriptions, financing details, compliance with federal and state regulations, financial projections, and any other relevant information that CDLAC requires for the review process.
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