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TAX CREDIT APPLICATION for HOUSING Property Name: Address:Telephone:Fax:Email:TELEPHONE NUMBER TTY:(800) 7352929 Dial 711 for CA Voice Relay ServiceBedroom Size(s) Requested: Waitlist Bedroom Choice:Household

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What is ctcac competitive tax credit?

The California Tax Credit Allocation Committee (CTCAC) Competitive Tax Credit is a financial incentive designed to encourage the development of affordable housing in California by providing tax credits to developers who meet certain criteria.

Who is required to file ctcac competitive tax credit?

Real estate developers seeking to obtain tax credits for the development of affordable housing projects in California are required to file the CTCAC competitive tax credit application.

How to fill out ctcac competitive tax credit?

To fill out the CTCAC competitive tax credit application, developers must provide detailed information about the proposed project, including financial data, project plans, and compliance with eligibility requirements as stipulated by CTCAC guidelines.

What is the purpose of ctcac competitive tax credit?

The purpose of the CTCAC competitive tax credit is to stimulate the construction and rehabilitation of low-income housing by making it financially feasible for developers to invest in affordable housing projects.

What information must be reported on ctcac competitive tax credit?

Information that must be reported includes project location, funding sources, anticipated income levels of tenants, and detailed financial projections for the development and operation of the project.

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