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This document provides a staff report for the California Debt Limit Allocation Committee regarding a request for tax-exempt bond allocation for the Rohlffs Concordia Manor Apartments project, including
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How to fill out California Debt Limit Allocation Committee Application

01
Obtain the California Debt Limit Allocation Committee (CDLAC) application form from their official website.
02
Review the eligibility requirements to ensure your project qualifies for the debt limit allocation.
03
Complete the application form by providing necessary details such as project information, applicant information, and financing details.
04
Attach all required documentation, including financial statements, project plans, and any supporting materials as specified in the application guidelines.
05
Double-check the application for accuracy and completeness.
06
Submit the application by the specified deadline, either electronically or via mail, as instructed in the guidelines.

Who needs California Debt Limit Allocation Committee Application?

01
Developers of affordable housing projects
02
Nonprofit organizations working on housing initiatives
03
Public agencies involved in housing finance
04
Investors seeking debt allocation for tax-exempt bond financing
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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 formal request process for the allocation of tax-exempt private activity bond volume cap in California, used primarily for financing affordable housing and other development projects.
Developers and organizations seeking to obtain tax-exempt bond financing for eligible projects, such as affordable housing developers, are required to file the California Debt Limit Allocation Committee Application.
To fill out the application, applicants must provide detailed project information, including project description, budget, financing sources, and compliance with applicable federal and state requirements. Completed applications should be submitted according to the instructions provided by the California Debt Limit Allocation Committee.
The purpose of the California Debt Limit Allocation Committee Application is to manage and allocate the state's limited tax-exempt bond capacity to promote the development of affordable housing and facilitate economic development projects in California.
The application must report various information including project name, location, types of debt instruments requested, estimated project costs, financing sources, number of affordable units, and compliance with federal requirements such as the 50% rule and other regulatory criteria.
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