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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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How to fill out ctcac project mapping

01

To fill out a CTCAC project mapping, follow these steps:

02

Begin by gathering all the necessary documents and information related to the project.

03

Start by providing basic project information such as the project name, address, and contact details.

04

Fill out the project description section, explaining the purpose, scope, and goals of the project.

05

Specify the type of housing being developed, whether it is new construction, rehabilitation, or acquisition.

06

Provide details on the population being served by the project, including income limits and any special needs populations.

07

Include information on the financing sources for the project, such as tax credits, loans, grants, or other sources.

08

Indicate the expected project timeline, including key milestones and completion dates.

09

Include a detailed budget for the project, including both development costs and operating expenses.

10

Provide any additional supporting documentation as required, such as architectural plans, environmental assessments, or market studies.

11

Review the completed project mapping form for accuracy and completeness before submitting it to the appropriate authority.

Who needs ctcac project mapping?

01

CTCAC project mapping is needed by developers, investors, and organizations involved in the development of affordable housing projects.

02

It is also required by state housing agencies, such as the California Tax Credit Allocation Committee (CTCAC), to assess eligibility and feasibility of projects for tax credit allocation.

03

Additionally, lenders, government agencies, and other stakeholders may require project mapping to evaluate the potential impact and benefits of a proposed affordable housing project.

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What is ctcac project mapping?

ctcac project mapping is the process of identifying and documenting properties that are eligible for the Low-Income Housing Tax Credit program.

Who is required to file ctcac project mapping?

Developers and property owners who wish to participate in the Low-Income Housing Tax Credit program are required to file ctcac project mapping.

How to fill out ctcac project mapping?

ctcac project mapping can be filled out online through the California Tax Credit Allocation Committee (CTCAC) website by providing information about the property and its eligibility for the program.

What is the purpose of ctcac project mapping?

The purpose of ctcac project mapping is to identify properties that qualify for the Low-Income Housing Tax Credit program and allocate tax credits accordingly.

What information must be reported on ctcac project mapping?

Information such as property address, number of units, income restrictions, and compliance requirements must be reported on ctcac project mapping.

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