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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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CTCAC - California state is needed by individuals or organizations who are applying for tax credits for affordable housing projects.
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CTCAC stands for California Tax Credit Allocation Committee, which administers the state's Low-Income Housing Tax Credit program for affordable housing.
Developers of low-income housing projects seeking tax credits must file CTCAC forms to apply for allocations of tax credits.
To fill out CTCAC forms, applicants must complete the required application documents, provide project details, and submit supporting financial and project information as outlined in the CTCAC guidelines.
The purpose of CTCAC is to allocate tax credits to encourage the development of affordable housing for low-income residents in California.
Applicants must report information including project specifications, financing details, developer qualifications, and compliance with state housing regulations.
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