California Tax Credit Allocation Committee definition

California Tax Credit Allocation Committee means the state agency that creates the Qualified Allocation Plan (“QAP”) for allocating Low Income Housing Tax Credits (“LIHTC”)
California Tax Credit Allocation Committee means the entity of the same name organized under the laws of the State of California and operated by the Office of the State Treasurer.
California Tax Credit Allocation Committee means the state agency that creates the Qualified Allocation Plan (“QAP”) for allocating Low Income Housing Tax Credits (“LIHTC”) within the State of California. It is also abbreviated as “CTCAC” or “TCAC.” The QAP published by CTCAC/TCAC is commonly referred to as “TCAC Regulations”

Examples of California Tax Credit Allocation Committee in a sentence

  • I authorize the California Tax Credit Allocation Committee to utilize this information to calculate the low-income housing tax credit.

  • The Chairperson of the California Tax Credit Allocation Committee.

  • The executive director of the California Tax Credit Allocation Committee.

  • The California Tax Credit Allocation Committee (“CTCAC”) or its successor.

  • The California Tax Credit Allocation Committee shall certify to the housing sponsor the amount of tax credit under this section allocated to the housing sponsor for each credit period.

  • I authorize the California Tax Credit Allocation Committee to utilize this information to calculate the low- income housing tax credit.

  • Borrower shall not deviate from the rental schedule presented in Borrower's application for the Loan without Agency's prior written approval; provided, however, that such approval shall not be required for annual adjustments to rental rates as permitted by the California Tax Credit Allocation Committee.

  • I authorize the California Tax Credit Allocation Committee to utilize this information to calculate the low-income housing tax credit.Bridge Loan Fees/Exp.

  • State Treasurer Fiona Ma chaired the meeting of the California Tax Credit Allocation Committee (CTCAC).

  • At any time during the Compliance Period, the California Tax Credit Allocation Committee may designate an agency of local government to enforce the terms of this Agreement.

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