California

Los Angeles Mayor Antonio Villaraigosa has announced Doug Guthrie will replace Mercedes Marques as the general manager of the city’s Housing Department.

The California Tax Credit Allocation Committee has released its proposed regulation changes for 2010. The committee has also scheduled three public meetings to solicit comments on the possible changes.

The California Tax Credit Allocation Committee recently released its 2009 applications for 4% and 9% tax credit exchange and gap financing.

The California Tax Credit Allocation Committee (TCAC) has released a revised set of proposed regulation changes to the American Recovery and Reinvestment Act programs and tax credit program tiebreaker.

The California Tax Credit Allocation Committee has released its proposed schedule and deadlines for administering the 2010 tax credit program.

The Obama Administration recently continued naming individuals who will serve as State Director for Rural Development at the USDA.

The California Tax Credit Allocation Committee recently announced that it will hold two loan workshops for recipients of American Recovery and Reinvestment Act (ARRA) funds.

The California Tax Credit Allocation Committee has issued a notice entitled, “Tax Credit Assistance Program (TCAP) Environmental Requirements & Guidance.”

The California Tax Credit Allocation Committee will hold a public hearing on September 17 in Sacramento.

The California Tax Credit Allocation Committee has issued a notice entitled, “Tax Credit Assistance Program (TCAP) Environmental Requirements & Guidance.”

In April of this year, the California Tax Credit Allocation Committee (TCAC) announced it would conduct a single competitive funding round for 9% and 4%-plus-state credit applications. In order to accommodate applicants who had planned to apply for second round consideration, TCAC regulations were adopted allowing applicants to provide specified information by August 17, 2009.

The California Tax Credit Allocation Committee has released applications for projects that received a previous allocation of low-income housing tax credits (LIHTC), with state tax credits, for tax credit assistance (TCAP) and exchange program funding provided by the American Recovery and Reinvestment Act (ARRA).