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CT CAC Basic Compliance Spring Workshop Shannon Farinelli Compliance Program Manager Farinelli treasurer.ca.gov BIU Wong Compliance Program Manager Wong treasurer.ca.role of the State Monitoring Agency
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01
Begin by gathering all the necessary documentation and information required to fill out the CTCAC Basic Compliance Spring. This may include project plans, financial statements, and other supporting documents.
02
Start by providing the basic project information such as the project name, address, and contact details.
03
Proceed to fill out the sections related to project eligibility, including details about the type of project, the target population, and any special requirements.
04
Move on to the compliance checklist section and carefully review each item. Mark whether the project is in compliance or not, and include any necessary explanations or additional documentation.
05
Complete the income and rent calculations section, providing accurate data on the project's income limits and rent restrictions.
06
Fill out the environmental checklist, addressing any potential impacts or issues related to the project's location or design.
07
Include any additional information or attachments required by the CTCAC Basic Compliance Spring.
08
Review the completed form for any errors or omissions, and make sure all required fields are filled out.
09
Submit the filled-out CTCAC Basic Compliance Spring form along with the supporting documentation to the appropriate authority.

Who needs ctcac basic compliance spring?

01
Developers and owners involved in low-income housing projects that are seeking tax credits from the California Tax Credit Allocation Committee (CTCAC) need the CTCAC Basic Compliance Spring. This form is used to demonstrate compliance with the CTCAC requirements and guidelines in order to qualify for the tax credits.
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CTCAC basic compliance spring is a form required by the California Tax Credit Allocation Committee to ensure compliance with affordable housing regulations.
Developers and owners of affordable housing projects are required to file ctcac basic compliance spring.
CTCAC basic compliance spring can be filled out online through the CTCAC website or by submitting a paper form with the required documentation.
The purpose of ctcac basic compliance spring is to monitor and verify compliance with affordable housing regulations and tax credit requirements.
Information such as tenant income, rent levels, occupancy rates, and compliance with regulatory agreements must be reported on ctcac basic compliance spring.
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