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CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE 2020 NONCOMPETITIVE 4% CAC APPLICATION FOR INCOME HOUSING TAX CREDITS FEDERAL CREDIT WITH TAX-EXEMPT BONDS, INCLUDING STATE CREDITS ($500M /Farmworker) (ATTACHMENT
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To fill out a TCAC applicant, follow these steps:
02
Start by downloading the TCAC application form from the official TCAC website.
03
Read the instructions carefully to understand the requirements and gather all the necessary documents.
04
Begin filling out the form by providing your personal information such as name, address, contact details, and social security number.
05
Provide information about your household members, including their names, ages, and relationship to you.
06
Indicate your household's total income, assets, and any other relevant financial information.
07
Answer the eligibility questions accurately, ensuring all information provided is true and complete.
08
Attach any required supporting documents, such as income statements, identification proofs, and residency proofs.
09
Review the completed form and double-check for any errors or missing information.
10
Sign and date the application form.
11
Submit the filled-out TCAC applicant form along with the required documents to the designated TCAC office or mailing address.
12
Wait for the processing of your application and follow up with the TCAC office if necessary.

Who needs tcac applicant?

01
A TCAC applicant is needed by individuals or households who are seeking affordable housing options through the Low-Income Housing Tax Credit (LIHTC) program administered by the California Tax Credit Allocation Committee (TCAC). This program aims to provide tax incentives to developers to create affordable housing units for low-income individuals and families. Therefore, anyone interested in applying for affordable housing in California can benefit from completing a TCAC applicant.
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The TCAC applicant is an individual or entity that submits an application to the California Tax Credit Allocation Committee for allocating tax credits to support affordable housing development.
Entities or individuals seeking tax credits for affordable housing projects in California are required to file a TCAC application.
To fill out a TCAC application, applicants must provide necessary project details, eligibility information, financial data, and supporting documents as specified in the application guidelines.
The purpose of the TCAC application is to facilitate the allocation of federal and state tax credits for financing the construction or rehabilitation of affordable housing.
Applicants must report project details, financing sources, development team qualifications, tenant populations to be served, and compliance with affordable housing requirements.
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