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Agenda Item No. 6.9 Application No. 15439 THE CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE December 16, 2015Staff ReportREQUEST FOR A QUALIFIED PRIVATE ACTIVITY BOND ALLOCATION FOR QUALIFIED RESIDENTIAL
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CDLAC stands for California Debt Limit Allocation Committee, which is responsible for allocating tax-exempt private activity bonds in California.
Any organization or individual seeking tax-exempt private activity bonds in California is required to file with CDLAC - State Treasurers.
To fill out CDLAC - State Treasurers forms, you need to provide information about the project for which you are seeking tax-exempt private activity bonds.
The purpose of CDLAC - State Treasurers is to allocate tax-exempt private activity bonds for projects that benefit the community.
Information such as project details, financing structure, and community impact must be reported on CDLAC - State Treasurers forms.
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