California
California HCD Statewide Housing Plan Calls for 2.5 Million Homes
The California Department of Housing and Community Development (HCD) released a new Statewide Housing Plan, which sets a bold path forward to meet California’s required goal of adding at least 2.5 million homes over roughly eight years, with no less than one million of those homes targeted for lower-income households.
California Application Updates
As deadlines for the first rounds of nine and four percent projects approach, the California Tax Credit Allocation shared the following reminders:
Revised Housing for a Health California Program Application
The California Department of Housing and Community Development (HCD) released a revised Competitive Application (Excel Workbook, Rev. 2/11/22) for the Housing for a Healthy California Program, Article I Notice of Funding Availability (NOFA).
California HCD Schedules More than $4.5 Billion in Housing Funding in 2022
The California Department of Housing and Community Development (HCD) has released its 2022 Notice of Funding Availability (NOFA) calendar.
California Updates Attachment 40; Feb. 23 Meeting Agenda
The California Tax Credit Allocation Committee (CTCAC) updated attachment 40 in its nine percent LIHTC e-application, as well as its CTCAC excel application with California Debt Limit Allocation Committee (CDLAC) scoring.
California Proposes Making Prohousing Designation Program Permanent
The 2019-2020 Budget Act provided a spectrum of support, incentives and accountability measures to meet California’s housing goals, including the establishment of the Prohousing Designation Program.
California Updates 2022 LIHTC Application
The California Tax Credit Allocation Committee updated its 2022 application and attachments to Excel.
California Budget Includes $3 Billion for Housing
Last week, Governor Gavin Newsom (D) released the 2022-2023 budget proposal for California, which includes investments to help address affordable housing and homelessness, and ties climate goals to housing.
California Revises 2021 State Income Limits to Include Acutely Low-Income
The California Department of Housing and Community Development (HCD) revised the State Income Limits for 2021, which became effective Jan. 1, 2022.
California Healthy California Program Webinar – Jan. 19
The California Department of Housing and Community Development (HCD) will hold a workshop from 1:30 to 4:30 p.m. PT on January 19 on its recently released Notice of Funding Availability (NOFA) for approximately $160 million in federal National Housing Trust Fund funding for the Housing for a Healthy California (HHC) Program.
$2 Million Available for California’s Second Homekey Round
The California Department of Housing and Community Development (HCD) released the Amended Notice of Funding Availability (NOFA) for the Round Two Homekey program.
California TCAC & CDLAC Meetings – Jan. 19
The California Tax Credit Allocation Committee will hold a virtual meeting on January 19 at 11:15 a.m. PT or upon adjournment of the California Debt Limit Allocation Committee meeting, which is scheduled to begin at 11 a.m. PT.