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California Tax Credit Allocation Committee  (CTCAC)

2023 $500 Million Total State Tax Credit Dashboard

$500 Million State Low-Income Housing Tax Credits Dashboard - New Construction


 

Total Beginning Balances 
  
2022 General Allocation Remaining:$16,505,403
2023 General Allocation Available:$300,000,000
2023 CalHFA MIP* Allocation Available:$200,000,000
2023 Available:$516,505,403

2023 General Allocation

Beginning Balance:$316,505,403
  
Total State Credits Awarded - First Round:$315,552,485
Projects Awarded:25
Total Number of Units:2,784
Total Number of Low-Income Units:2,752
  
Total State Credits Awarded - Second Round:$0
Projects Awarded:0
Total Number of Units:0
Total Number of Low-Income Units:0
  
Total State Credit Returned:$1,975,117
  
Total State Credit Transferred from
2023 CalHFA MIP Allocation Balance:
$18,189,738
  
Remaining Balance:$21,117,773

2023 CalHFA MIP Allocation

Beginning Balance:$200,000,000
  
Total State Credit Awarded – First Round:$0
Projects Awarded:0
Total Number of Units:0
Total Number of Low Income Units:0
  
Total State Credit Awarded – Second Round:$181,810,262
Projects Awarded:12
Total Number of Units:2,030
Total Number of Low Income Units:2,008
  
Total State Credit Transferred to 2023 General Allocation:$18,189,738
  
Remaining Balance:$0
  
New Construction Total Remaining Balance:$21,117,773
  

*California Housing Finance Agency Mixed-Income Program

Updated: August 23, 2023