The California Department of Housing and Community Development (HCD) has amended the Housing for a Healthy California (HHC) program and the No Place Like Home (NPLH) program Round 1 Guidelines.

The amendments to the guidelines will:

  • Create an alternative method of calculating the developer fee
  • Make a conforming change to priority cash flow payments for projects utilizing 4 percent low-income tax credits

HCD intends to incorporate this new methodology into all other program guidelines as they are developed and, ultimately, into the Uniform Multifamily Regulations as the sole developer fee calculation methodology for future four percent tax credit projects.