TCAC definition

TCAC means the California Tax Credit Allocation Committee.

TCAC means the California Tax Credit Allocation Committee, the allocating agency for Tax Credits in California.

TCAC means the Tax Credit Allocation Committee and its successor.

Examples of TCAC in a sentence

• If the Affordable Housing Development will be receiving an allocation of tax credits from TCAC, the Sponsor shall provide the Department with a copy of all tax credit investor commitments, including referenced financial projections and any amendments.

• At the request of the Department, the Sponsor shall submit an Affordable Housing Development cost certification that shall have been audited by an independent certified public accountant in accordance with the requirements of the Department and TCAC, if applicable.

• The Sponsor shall provide the Department with a copy of the TCAC Regulatory Agreement if the Affordable Housing Development budget includes tax credits and any other regulatory agreements pertaining to the Affordable Housing Development.

More Definitions of TCAC

TCAC means the California Tax Credit Allocation Committee. "Tenant" means any residential household in the Project.

TCAC means California Tax Credit Allocation Committee.

TCAC means the California Tax Credit Allocation Committee, established by Revenue and Taxation Code Section 18410.2.

TCAC means the California Tax Credit Allocation Committee and the California Tax Credit Allocation Committee Regulations, Title 4 CCR, Division 17, Chapter 1, as adopted July 20, 2022.

TCAC means the California Tax Credit Allocation Committee and the California Tax Credit Allocation Committee Regulations, Title 4 CCR, Division 17, Chapter 1, as adopted May 10, 2023.

TCAC has the meaning assigned to it in the preamble.

TCAC means “California Tax Credit Allocation Committee” as further defined herein.