California Tax Allocation Committee Update

2017 9% Tax Credit Results To date, TCAC has funded 63 of 167 applications, a success rate of 38%. 35 project second round and 28 projects first round Likely one more project off the wait list Total 2017 units 3815, 82% of 2016 units New construction equals 84% of units, up from 77% in 2016

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