The California Tax Credit Allocation Committee (CTCAC) has released a memo updating its proposed regulation changes for the 2010 low-income housing tax credit allocation process. In December 2009, CTCAC released 18 proposed regulation changes, and solicited comments from the public. In consideration of the comments received, CTCAC has amended 15 of the initial 18 proposals, and proceeded with the remaining three as originally proposed. A final list of regulation changes with reasons is provided through CTCAC’s website. Memo
Regulations