CALIFORNIA TAX CREDIT ALLOCATION
COMMITTEE
2007 Annual Report
Bill Lockyer
Treasurer
State of California
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 Annual Report
Report on the Allocation of Federal and State
Low Income Housing Tax Credits in California
April 2008
The State Treasurer’s Office and the California Tax Credit Allocation Committee comply with the Americans With Disabilities Act (ADA).
If you need additional information or assistance, please contact the California Tax Credit Allocation Committee at (916) 654-6340 or TDD (916) 654-9922.
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Voting Committee Members:
Bill Lockyer, Chair
State Treasurer
Michael C. Genest, Director of Finance
John Chiang, State Controller
Advisory Committee Members:
Theresa Parker, Executive Director
California Housing Finance Agency
Lynn Jacobs, Director
Department of Housing and Community Development
Vacant
City Representative
David Rutledge
County Representative
Committee Staff:
William J. Pavão, Executive Director
Lisa Vergolini, Deputy Executive Director
Ed Johnson, Development Manager
Rose Guerrero, Compliance Co-Manager
Ammer Singh, Compliance Co-Manager
Stephenie Alstrom Mayra Lozano
Tiffani Armstrong Kelly Luu
Angel Barragan Shannon Nardinelli
Stephen Bellotti Georgene Palmerin
Eugene Boyd Adam Sartain
Richard Chabowski Benjamin Schwartz
Carol Douglas Kole Tefft
Gina Ferguson Nicole Valenzuela
Elizabeth Gutierrez Jack Waegell
Dave Heng Biu Wong
Elaine Johnson Anthony Zeto
John Lee
TABLE OF CONTENTS
EXECUTIVE SUMMARY – 2007 Program Highlights 1
I. RESULTS OF THE 2007 PROGRAM 3
II. KEY EVENTS DURING 2007 10
III. CUMULATIVE PROGRAM RESULTS: 1987 THROUGH 2007 12
IV. MONITORING – PROJECT PERFORMANCE AND PROGRAM
COMPLIANCE 20
APPENDICES 23
A. 2007 9% PROGRAM ALLOCATION INFORMATION
B. 2007 4% PROGRAM ALLOCATION INFORMATION
C. 1987 – 2007 COMPLIANCE REPORT
D. PROGRAM COSTS, CREDITS AND UNIT PRODUCTION TRENDS
E. PROGRAM DESCRIPTION
EXECUTIVE SUMMARY – 2007 Program Highlights
Tax Credit Units in California Exceed 232,000
In 2007, the California Tax Credit Allocation Committee (“TCAC” or “the Committee”)
awarded nearly $75.9 million in competitive nine percent (9%) federal Low Income Housing
Tax Credits (“LIHTC”) to 70 proposed housing projects. In addition, $71 million in state tax
credit were awarded to 19 competitive 9% projects, and $23.4 million state tax credits were
allocated to nine projects receiving 4% tax credits with tax-exempt bonds.
A total of 4,424 affordable housing units will be built using 2007 9% tax credit awards, bringing
the total aggregate number of affordable units awarded credit in the competitive, 9% program in
California to 104,901. Including tax-exempt bond financed projects, TCAC has assisted 232,550
total affordable units with tax credits since the program’s inception in 1987.
Demand for Tax Credits
Applicants submitted a total of 202 applications for competitive 9% tax credits in 2007
(compared to 146 in 2006) with 70, or 35%, receiving a tax credit allocation. The demand over
supply for tax credits in 2007 was higher than in 2006, when 35% of all applications received
credit allocations. Historically, the demand for 9% tax credits has exceeded supply by between 3
and 4 to 1, and TCAC continues to receive more high scoring applications than it can fund. The
total annual federal tax credit requested in 2007 was $234.8 million, while the amount available
to allocate was $75.9 million, 32% of the requested amount.
Geographic Apportionments Affect Credit Distribution
In 1997 the Committee created geographic apportionments, and updated them in 2004 to align
the distribution of tax credits with statewide population and housing needs. The 2004
geographic percentages were assigned to 10 areas by a formula incorporating population,
housing costs, poverty and urbanization. The target percentages establish the credits available to
each area after funding the non-profit, rural, special needs/SRO, and supplemental set-asides.
1
Table 1 below shows federal and state tax credit distribution in relation to target apportionments
of federal and state credit allocated by formula. The targeted apportionments do not account for
prior years’ results and their effect on available tax credit in 2007. That is, those areas receiving
more credits than they were apportioned in 2006 had their 2007 apportionments discounted by
the overage amount.
Table 1
2007 Apportionments versus Allocations
Target Allocation
Geographic Area Apportionment Percentage
Los Angeles County 33% 33.26%
Central 10% 9.76%
Alameda, Contra Costa, Marin,
Napa, Solano, Sonoma Counties 10% 10.30%
San Diego County 10% 9.46%
Inland Empire 8% 6.99%
Orange County 8% 6.18%
San Mateo & Santa Clara 6% 6.34%
Counties
Capital/Northern Area 6% 5.58%
Coastal California 5% 5.70%
San Francisco County 4% 6.43%
TOTAL 100% 100.00%
Continued Increase in the Number of Projects Financed with Tax-exempt Bonds
In 2007, the Committee reserved tax credits for 119 projects financed with the proceeds of tax-
exempt bonds, a 3.5% increase from the 115 projects for which tax credits were reserved in
2006. The 119 projects received $93,173,118 in annual federal tax credits and will produce
12,795 low-income units. In addition, 9 of the 119 projects received a total of $23,395,641 state
tax credits. Also in 2007, one of the 119 projects, which is not included as one of the nine
receiving state tax credits, reserved $2 million in state tax credits through the Farmworker Tax
Credit Program.
2
Monitoring Activities
In 2007, the Committee monitored 680 tax credit projects consistent with the IRS requirement
that all completed tax credit developments be inspected at least once every three years.
Monitoring activities included site visits to review files and physically inspect the units and
common areas. At least 20% of the files and units at each development were inspected. Of the
680 developments inspected, 581, or 85.4%, had no serious incidents of non-compliance or were
able to document during the correction period that non-compliance items had been corrected.
The remaining 99 developments had at least one serious incident of non-compliance. In most
cases non-compliance was due to over-charging rents, inadequately documenting tenant files, or
failing to perform timely income re-certifications. Of the 10,863 tenant files inspected, 10,777,
or 99.2%, were found in compliance with income restriction requirements. In cases of
overcharged rent, all locatable residents received refunds.
RESULTS OF THE 2007 PROGRAM
Section 50199.15(a) of the California Health and Safety Code requires the Committee to submit
an annual report of the prior year’s activities to the Legislature. The statute requires the
Committee to report information as follows:
• the total amount of housing credit allocated;
• the total number of low-income units that are, or will be, assisted by the credit;
• the amount of credit allocated to each project, other financing available to the
project, and the number of units that are, or will be, assisted by the credit; and
• sufficient information to identify the projects.
The report must also include information that describes the low-income status of units reserved
for low-income occupancy from projects receiving allocations in previous years. Appendices A,
B and C of this report contain data for 2007 and earlier program years. Appendix D contains
several charts illustrating recent cost, credit allocation and unit production trends. Appendix E
contains a summary description of the tax credit programs.
3
The 9% Program
In 2007, the per capita annual federal tax credit ceiling was $71,092,221 (a total of $710,922,210
of federal credits available for investors over a ten-year period). In addition to the per capita tax
credit, $3,954,543 of annual federal tax credit was returned to the Committee, and an additional
$851,151 of annual federal tax credit became available from the “national pool.” National pool
credits are unused tax credits from other states that are divided among states that have allocated
all their credit in the preceding year. California’s total annual federal tax credit awarded to
projects in 2007 was $75,897,915, or a total of $758,979,150 of federal tax credits available for
investors over a ten-year period. Included in this total is $724,392 the Committee had pre-
committed from the 2007 annual federal tax credit ceiling to a project awarded credit in 2006.
Applications
In 2007, applicants requested approximately $234.8 million in annual federal tax credit,
exceeding the approximately $75.9 million available. In addition, applicants requested
approximately $122.5 million in total state tax credit, with $92.3 million in total state tax credit
available. Tables A-1 through A-4 of Appendix A provide summary listings by County,
Assembly District, Senate District and Congressional District of all 2007 projects allocated tax
credit. The 2007 federal 9% tax credits assisted 70 projects in 24 Counties, 33 Assembly
Districts, 26 Senate Districts and 32 Congressional Districts. Of those projects, state tax credits
assisted 19 projects in 11 Counties, 11 Assembly Districts, 10 Senate Districts and 13
Congressional Districts.
Housing Types
State regulations require all 9% tax credit applicants to compete under one of five housing types.
Chart 1 below displays the 2007 9% allocations by housing type. Of the 70 projects that
received a 9% allocation, 42 were designated as Large Family (3-bedroom or larger units
accounting for at least 30% of total project units); 15 were designated as Senior; 4 provided
Single Room Occupancy (SRO) units; 3 provided Special Needs units (e.g. developmentally
disabled, physical abuse survivors, homeless, have chronic illness, or displaced teenage parents);
and 6 projects were designated “At-Risk” of conversion to market rate.
4
Chart 1
2007 Allocations by Housing Type
$500,000,000
20 Total Federal Total State
1 5, 9
7 7,1
$400,000,000 $4 42 projects
2,463 total units
Total Credits Allocated
$300,000,000
15 projects
1,004 total units
$200,000,000
4 projects 3 projects 6 projects
438 total units 185 total units 414 total units
00
4, 8
, 96 0
$100,000,000 5 5
$1
59
69 1 0 90 ,72
6,5 1, 0 8, 0 99
0 9, 0 , 55 94 1 4,3 ,77
1
7,0 ,93 7 $3
0, ,85 $4 82
$4 $9 $5 ,0 33 ,0
$0 $5 $9
$0
Large Family Senior SRO Special Needs At-Risk
Housing Type
Table 2 outlines the distribution of low-income units and tax credits among housing types for 9%
federal tax credits awarded in 2007. The housing types are listed in order of priority. The listed
“goal” refers to the distribution of federal tax credits, not units.
Table 2
2007 Housing Type Units and Credits
Projects Low Total Federal Percentage
Awarded Income Credits of Federal Current
Housing Type Credit Units Awarded Credit Goals
Large Family 42 2,422 $477,115,920 61.96% 65%
Senior 15 991 $159,964,800 20.78% 15%
Single Room Occupancy 4 432 $57,551,010 7.47% 10%
Special Needs 3 180 $30,948,090 4.02% 5%
At-Risk 6 399 $44,399,720 5.77% 5%
5
The majority of Large Family projects were new construction with an average size of 59 total
units per project in 2007. By geographic location, in comparison to rural projects, inner-city
projects tend to be smaller and suburban projects larger. By State regulation, at least 30% of the
units in Large Family projects must be 3-bedroom or larger units. Typical project amenities
include laundry facilities, equipped play areas, outside family areas, community rooms, day care
facilities, and security systems.
In 2007, a majority of the funded Senior applications were new construction projects averaging
67 total units per project. The average unit count among all federal 9% projects in 2007 was 64
total units per project. Most Senior projects are comprised of one-bedroom units and are within
walking distance of basic services. Typical project amenities include a security call system,
furnished community rooms and laundry facilities.
In 2007, TCAC funded four (4) SRO projects with 9% federal tax credit awards. These projects
are rehabilitations of existing buildings, a common scenario among tax credit awarded SROs.
SRO projects are often rehabilitated urban hotels. SRO units do not have a separate bedroom,
although they may have private bathroom and/or kitchen facilities. All units must be targeted on
average to households with incomes of 40% of area median. Typical project amenities include
laundry facilities, furnished community rooms, community kitchens and security. In addition,
various social services are available to assist the tenants, including job counseling and drug and
alcohol rehabilitation.
TCAC funded three (3) Special Needs projects with an average size of 62 total units per project
awarded 9% tax credits in 2007. All units must be targeted on average to households with
incomes of 40% of area median. The targeted households have included HIV-positive
households, frail elderly, mentally and physically handicapped individuals, and single mothers.
Project amenities must be appropriate for the targeted population and the residents must have
access to appropriate social services.
Finally, At-Risk projects are comprised of federally assisted units that are approaching or beyond
the time when they can convert to market rate developments. In 2007, the six (6) funded At-Risk
6
projects averaged 69 total units per project. At-Risk is the only housing type that does not have
any relevance to the type of tenants that will be targeted by the project, and in fact many of the
At-Risk projects target one or more of the other populations represented by TCAC’s housing
types. Six At-Risk projects were funded by the Committee in 2007.
Chart 2 indicates the number of 9% units and projects by construction type. Projects awarded
tax credit contain 4,504 total units, with 4,424 available at affordable rents to low income
households. Of the total units, 3,443 will be newly constructed, and 1,061 existing units will be
rehabilitated.
Chart 2
2007 Unit Distribution by Construction Type
Acq/Rehab: 8.9%
Rehabilitation:
14.7%
New Construction:
76.4%
Tax Credit Set-Aside
Consistent with federal law, at least 10% of the annual 9% tax credits available are set aside for
non-profit sponsors. State law also provides for 20% rural, 2% small development, 2% special
needs/SRO, and 5% at-risk set-asides. Table 3 below shows that 12.06% of federal tax credits
and 15.45% of state tax credits were allocated to qualifying non-profit sponsors initially
competing in the Non-profit set-aside. Nearly 20% of available federal tax credits, and over
40% of state tax credit, were awarded to rural projects including those within the Rural Housing
7
Service (RHS) set-aside. Small Development projects were awarded 2.28% of federal tax
credits. Table 3 below outlines the 2007 allocation of 9% federal tax credits among the various
set-asides and apportionments. Please refer to Table 6 below (page 15) for additional historical
data.
Table 3
2007 Allocations by Set-Aside
Low
Project Income Total Federal % of Total State % of
Set-Aside s Units Allocation Total Allocation Total
Homeless Assistance 4 232 $38,979,880 5.14% $5,033,851 7.08%
Non-profit 6 370 $52,546,110 6.92% $5,948,522 8.37%
RHS 2 90 $17,956,970 2.37% $6,310,793 8.88%
Rural 13 807 $132,893,310 17.50% $23,357,049 32.87%
Small Development 3 59 $17,314,580 2.28% $0 0.00%
At-Risk 6 399 $44,399,720 5.85% $9,082,771 12.78%
Special Needs/SRO 1 150 $15,545,660 2.05% $0 0.00%
Geographic 35 2,317 $439,342,920* 57.89% $21,329,260 30.02%
Apportionment
Total 70 4,424 $758,979,150 100.00% $71,062,246 100.00%
* Excludes forward committed amount of $18,244,310 in 2007 for 2008 tax credits and includes $7,243,920
previously forward committed in 2006 for 2007 credits.
Federal and State Credits Per Low Income Unit Increases from 2000-2007
Table 4 below summarizes data on credits-per-low-income-unit for projects allocated ceiling
credit from 2000 through 2007.
8
Table 4
9% Federal and State Credits per Low Income Unit: 2000-2007
Total Low Total Federal and
Total # of Total Federal Total State Income State Credit per
Year Projects Credit Credit Units Low Income Unit
2000 81 $503,988,360 $54,057,979 5,063 $110,220
2001 67 $510,298,140 $35,333,660 5,124 $106,486
2002 67 $620,815,290 $91,754,982 5,281 $134,931
2003 80 $620,711,690 $74,136,925* 5,192 $133,831
2004 62 $586,742,680 $63,925,809* 4,331 $150,235
2005 69 $685,070,440 $56,367,823* 4,761 $155,732
2006 70 $725,009,340 $67,913,607* 4,098 $193,490
2007 70 $758,979,150** $71,062,246* 4,424 $187,622
*In addition to the above figures, $9,683,098 in State credits were awarded to tax exempt bond deals in 2003; as
were $3,248,707 in 2004, $19,092,357 in 2005, $13,597,161 in 2006, and $23,395,641 (plus $2,000,000 in State
credits for the Farmworker Program) in 2007.
**Excludes forward committed amount of $18,244,310 in 2007 for 2008 tax credits and includes $7,243,920
previously forward committed in 2006 for 2007 credits.
The 4% Program
In 2007, the Committee awarded 4% credits to 119 projects financed with the proceeds of tax-
exempt bonds. A total of $93,173,118 annual 4% federal tax credits were allocated to these
projects. For the past five years, tax-exempt projects have been eligible to compete for state
credits. Of the 119 projects awarded annual 4% federal tax credits in 2007, 9 received
allocations of state credits totaling $23,395,641. Included in the 119 projects financed with the
proceeds of tax-exempt bonds, the Committee awarded one Farmworker Program project,
$749,924 in annual 4% federal tax credits. This project was also awarded a total of $2,000,000
in Farmworker Program state credits. 1 The 119 funded projects will generate 12,795 affordable
units, 439 more low-income units than in 2006. Tables B-1 through B-4 in Appendix B provide
summary listings by County, Assembly District, Senate District and Congressional District of all
2007 projects allocated 4% federal tax credits. The 2007 federal 4% tax credits assisted 119
projects in 36 Counties, 54 Assembly Districts, 31 Senate Districts and 43 Congressional
Districts. Table 5 summarizes data on total credits-per-low-income unit (the ten years federal
credit and four year state credit totals) for projects allocated 4% federal credit from 2000 through
1
In 2007, $4.7 million in Farmworker Program state tax credits were available.
9
2007 and state credit from 2003 through 2007. As stated above, tax-exempt projects have been
eligible to compete for state tax credits since 2003.
Table 5
4% Federal and State Credits per Low Income Unit: 2000-2007
Total Low Total Federal and
Total # of Total Federal Total State Income State Credit per
Year Projects Credit Credit Units Low Income Unit
2000 83 $320,620,520 $0 10,624 $30,179
2001 112 $500,853,530 $0 13,347 $37,526
2002 122 $573,154,550 $0 11,668 $49,122
2003 135 $717,961,460 $9,606,279 13,179 $55,207
2004 108 $650,310,920 $2,534,897 10,617 $61,491
2005 116 $717,905,960 $17,753,576 11,081 $66,389
2006 115 $861,644,720 $13,597,161 12,356 $70,835
2007 119 $931,731,180 $23,395,641* 12,795 $74,805
* This total does not include $2,000,000 awarded in 2007 under the Farmworker Program.
KEY EVENTS DURING 2007
Program year 2007 continued the 2006 trend of increased demand for nine percent (9%) Low
Income Housing Tax Credits. The Committee received 202 applications for 9% credit in 2007
(an increase over 2006’s total of 146), and funded 70 for an application oversubscription ratio of
almost 3:1. In addition, TCAC funded nine competitive applications for a combination of 4%
federal and State credits.
Early in 2007, the Committee adopted several substantive regulatory changes designed to
improve the program and strengthen the competitive allocation process. Specific changes to the
9% program included:
• Implementing a long-sought alternative system for establishing threshold basis limits,
using TCAC portfolio cost data rather than federal 221(d)(3) estimates.
• Prioritizing homeless assistance projects within the nonprofit set-aside, and discontinuing
the practice of funding nonprofit awards out of regional apportionments.
10
• Clarifying TCAC’s authority to reduce application numbers where they exceed program
permitted maximums.
• Limiting circumstances under which applicants may seek 9% credits for existing,
regulated tax credit properties.
• Acknowledging the value of land donated through a locally established inclusionary
ordinance in order to achieve balanced communities.
• Incorporating Leadership in Energy and Environmental Design (LEED), Green
Communities, and GreenPoint Rated Multifamily Guidelines standards into the
competitive sustainable building scoring.
• Adjusting third tiebreaker scoring to exclude general partner loans and equity
contributions, and assuring that such loans are truly committed to the project.
• Altering the geographic funding sequence to accommodate senior-only projects
statewide.
• Explicitly coordinating TCAC regulations with CalHFA’s Mental Health Services Act
resources to house mentally disabled homeless populations.
• Providing additional resources to projects significantly exceeding the state’s energy
standards.
• Building in incentives for deeper income targeting in 4% tax credit projects.
• Limiting the amount of development costs a developer may propose to defer, rather than
paying those costs out of development funding sources.
• Implementing a system to establish more realistic project operating expense minimums
for underwriting purposes.
In 2007, TCAC staff also developed a spreadsheet-based application for Low Income Housing
Tax Credits in for applicant ease and to minimize math errors. This Microsoft Excel-based
application is now used for 2008 applications for both 9% and 4% credits.
In 2007 TCAC staff also continued to increase its customer service by conducting application
training and credit administration training for program users.
11
TCAC remained vigilant in monitoring national and state trends in credit pricing and the
availability of capital for affordable housing development. Staff also participated in statewide
discussions of federal initiatives to stimulate rental housing production through streamlining the
tax credit program at the federal level.
Finally, staff worked closely with the Legislature and program stakeholders to sponsor state
legislation permitting the bifurcation of federal and state Low Income Housing Tax Credits
within a single project. That same legislation sought to simplify and standardize the state
Farmworker Housing Tax Credit program. Staff will continue to work on these initiatives during
the 2008 legislative session.
CUMULATIVE PROGRAM RESULTS: 1987 THROUGH 2007
The existing active portfolio of 9% tax credit projects encompasses total federal tax credit
allocations of over $9.6 billion in 1,730 projects with 104,901 affordable housing units. 2 Of
these projects, 559 also utilized state tax credits totaling more than $916 million. Beginning in
1998, the Committee began to award more tax credits to 4% tax-exempt bond projects than to
9% tax credit projects, a reversal of historical trends. In 2000, the tax credit award ratio of 4%
tax-exempt bond projects to 9% projects was approximately 3 to 2; that rough ratio has held
constant through 2007. In total, the existing active 4% tax credit projects add an additional
127,649 affordable housing units in 1,196 projects to the Committee’s portfolio.
Since the LIHTC program’s inception, a combined total of 232,550 affordable units have been
generated by both the 9% and 4% tax credit programs. 3 TCAC conservatively estimates that
over $11 billion in investor equity has been, or will be, funded from the allocations of federal
and state tax credits for both 9% tax credit and tax-exempt bond-financed projects. 4 Tax credits
are generally offered through partnerships to investors, and their value is the price investors
2
These numbers include 9% projects that have been awarded credit in one year, and returned for additional federal
or state credit in another (where they were treated as a separate application). The number of these projects is
minimal.
3
These figures include projects whose original compliance period has expired and projects that may have returned
to TCAC for additional credits after their original compliance period ended.
4
Estimate calculated assuming $0.75 in investor equity generated per dollar of total federal and state credit
awarded.
12
judge the tax credits to be worth in terms of the immediate and future tax benefits received from
the credits, along with other benefits received by owning a project.
State Credit Program Effectiveness
In 2007, although approximately $94.5 million in state tax credits were allocated, the amount of
state tax credits requested was roughly $161.7 million. The $94.5 million in state tax credits
included over $23 million allocated to tax exempt projects. An additional $2 million in state tax
credits was awarded to a tax exempt project from the Farmworker Program. A portion of the
$94.5 million allocated was a result of federal 9% tax credits being exchanged for state tax
credits. In 2007, a total of 8 projects requesting only federal 9% tax credits had a portion
exchanged for state tax credits.
State tax credits are particularly important to projects not located in designated high cost areas,
or those using federal HOME Investment Partnership Program funds. For these projects, state
tax credits generate additional equity funds which, as intended, fill a financing gap remaining
after federal tax credits have been allocated.
New Construction Outpaces Rehabilitation Projects
Chart 3 below presents 9% projects by construction type from 2000 through 2007. The
percentage of new construction projects has exhibited an increase since 2000, and far exceeds
that of rehabilitation projects. In fact, historically, rehabilitation and/or acquisition/rehabilitation
projects have been the distinct minority of 9% projects. However, 4% rehabilitation projects
have remained strong, with rehabilitation projects receiving 26% to 61% of all 4% credit awards
since 2000. Chart 4 below indicates 4% projects by construction type from 2000 through 2007.
The percentage of 4% rehabilitation projects has varied substantially, but consistently has been
significantly higher than for the 9% program.
13
Chart 3
Distribution of 9% Projects by Construction Type
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
2000 2001 2002 2003 2004 2005 2006 2007
Rehabilitation New Construction
Chart 4
Distribution of 4% Projects by Construction Type
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
2000 2001 2002 2003 2004 2005 2006 2007
Rehabilitation New Construction
14
Housing Types
Table 6 presents the ten-year total for federal tax credits and the four-year total for state tax
credits of all 9% projects awarded tax credits from 1990-2007. Since housing types were not
taken into consideration under the Qualified Allocation Plan prior to 1990, the totals have been
provided only for 1990-2007. Table 6 exhibits the current regulatory goals for 9% tax credits by
housing type.
1990-2007
Total Credits
Project’s Housing Type Awarded % of Total Current Goals
Large Family $ 6,966,018,285 69.74% 65%
Senior $ 1,533,885,335 15.36% 15%
Single Room Occupancy $ 797,548,118 7.99% 10%
Special Needs $ 414,612,343 4.15% 5%
At-Risk $ 275,926,898 2.76% 5%
Total $ 9,987,990,979 100.00% 100%
The Committee has readily met its current housing type goals for the distribution of tax credits to
both Large Family and Senior projects. However, the housing type goals for Single Room
Occupancy, At-Risk and Special Needs are not being met in the aggregate. 5
Set-Asides
Federal law requires at least ten percent of the federal 9% tax credits to be set aside for qualified
Non-profit Organizations (Internal Revenue Code Section 42(h)(5)). Additionally, the California
State Legislature established set-asides for projects in rural areas and small developments
(Health and Safety Code Section 50199.20(a) and (b)). Therefore, in California in 2007, federal
and state law and regulations set aside the following:
5
There are several reasons why the Committee has not met the Special Needs, Single Room Occupancy and At-
Risk housing type goals: 1) Although a special set-aside exists for Single Room Occupancy and Special Needs
projects, the populations served by these projects may present unique challenges to developers, owners and
managers that limit their numbers; 2) the At-Risk goal may be difficult to reach in the aggregate, or even on an
annual basis, as the oldest 9% At-Risk project in the Committee’s portfolio dates from 1998; 3) the At-Risk set-
aside was not established until 2000; and 4) many At-Risk projects are seeking and being awarded tax-exempt
bonds and 4% tax credits.
15
• Ten percent of the federal credit ceiling for qualified non-profit applicants. Of that total,
by regulation, fifty percent of the credit in the non-profit set-aside is further reserved for
projects providing homeless assistance.
• Twenty percent of the federal ceiling for projects in rural areas. By state regulation,
fourteen percent of the rural set-aside is reserved for projects financed by the Rural
Housing Service programs.
• Two percent of the federal 9% tax credits for qualified Small Development projects
consisting of 20 or fewer units.
• By regulation, five percent of the federal 9% tax credits are set-aside for “At-Risk”
projects.
• Finally, an additional two percent of the federal 9% tax credits are set-aside for qualified
Special Needs / SRO projects.
Eligible projects that apply under the Non-profit, At-Risk, and Small Development of Special
Needs / SRO set-asides automatically compete with all other projects in their geographic region
if insufficient credits are available in the set-asides. The RHS apportionment and Small
Development set-aside were not established until the 1990 application cycle. The At-Risk set-
aside was established in 2000, and the Special Needs / SRO set-aside was established in 2003.
The data is grouped by each project’s application set-aside, although the projects may actually
have been funded from their geographic regions’ apportionments. The Committee’s most
reliable data on set-aside awards is from 1997 to the present; therefore, Table 7 below
summarizes only projects receiving tax credits from 1997-2007.
16
Table 7
9% Projects, Credits and Low Income Units Produced, 1997-2007
% of Low % of Low Set-
Projects Credits Total Income Income Aside
Set Aside (b) Awarded (a) Credit Units Units %
Homeless
Assistance 48 $266,343,836 3.92% 2,237 4.24% (d)
Non-profit 113 $887,933,642 13.06% 7,739 14.67% 10%
RHS Rural 39 $249,596,128 3.67% 1,994 3.78% (e)
Rural 144 $1,205,546,997 17.72% 9,096 17.23% 20%
Small Development 52 $142,009,021 2.09% 842 1.60% 2%
At-Risk* 37 $242,509,456 3.57% 3,188 6.04% 5%
Special
Needs/SRO** 5 $56,287,686 0.83% 403 0.76% 2%
Geographic
Apportionment 346 $3,748,804,810 55.14% 27,268 51.68% (c)
Total 784 $6,799,031,576 100.0% 52,767 100.0% 39%
(a) The amount of tax credits awarded represents the sum of the ten-year total federal and four-year total state credits
awarded.
(b) May include a diminus number of 9% projects that were awarded tax credit in one year and allowed to return for
additional credit in another.
(c) These are projects distributed geographically according to TCAC regulations. The Geographic Regions do not
have a flat set-aside percentage. Under the current regulations, the actual tax credits debited against the various
regional allocations include not only tax credits for Geographic Apportionment projects, but also credits for At-Risk
projects, Non-profit projects (but not Non-profit Homeless Apportionment projects), and Small Development
projects.
(d) Approximately half the Non-profit set-Aside is reserved for Non-profit Homeless Apportionment projects; this
equates to approximately 5% of the total federal tax credit allocated annually.
(e) Fourteen percent of the 20% of tax credits set-aside for Rural projects are reserved for projects with Rural
Housing Service Funding. This equates to 2.8% of the total tax credit allocated.
*At-Risk set-aside was established in 2000. **Special Needs / SRO set-aside was established in 2003.
Geographic Distribution
In 1997, the Committee created geographic apportionments, and in 2004 updated the geographic
apportionments to align the distribution of tax credits with statewide housing needs. Tax credits
are apportioned to each of 10 areas by a formula incorporating population, housing costs,
poverty and urbanization. The formula determines the amount of tax credits available to
17
counties after funding the supplemental, non-profit homeless apportionment portion of the non
profit set-aside, rural, and special needs / SRO set-asides.
Since the inception of the program in 1987, federal 9%, federal 4%, and state tax credits have
been allocated for affordable housing developments in 56 of the 58 counties in California. Table
C-1 in Appendix C compares active tax credit projects by county to county population as a
percentage of total state population, and includes each county’s number of projects, number of
rental units in service, and tax credit allocation dollars. These tables reflect data as of December
31, 2007. The current status of certain projects may not be reflected in this historical data.
Los Angeles County continues to be the largest beneficiary of the program, receiving 33% of the
total federal and state tax credits in 2007. Since the program’s inception, TCAC has awarded
federal tax credits of approximately $2.7 billion and state credits of $82.2 million to more than
525 projects in Los Angeles County, resulting in over 37,000 affordable units. Santa Clara
remained the county with the second highest number of units awarded, with San Diego close
behind. Many smaller, more rural counties have also benefited from the tax credit program.
Demand for Credits
In 2007, a high percentage of applications were complete and eligible, but did not score high
enough competitively to receive an award. Staff anticipates a similar level of demand for 2008.
Table 8 below summarizes the amount of federal and state tax credits awarded to projects in
years 1987 through 2007. Table 8 provides data representing allocation activities as of
December 31 of the year in which the awards were made. These data are the results of actions
taken that year, and reflect only a snapshot of the program at that point in time.
18
Table 8
9% Credits Awarded as of December 31 of the Allocation Year: 1987-2007
Federal Federal Number State State Number
Credits Credits of Projects Credits Credits of Projects
Year Available Awarded+ and Units Available Awarded and Units
1987 $32,956,250 $4,825,463 63 2,264 $34,578,625 $6,818,086 17 755
1988 $34,578,750 $16,438,953 175 5,504 $34,578,625 $35,461,086 67 2,545
1989 $35,210,000 $34,444,417 155 7,960 $35,000,000 $61,433,913 74 3,792
1990 $36,328,750 $31,399,269 84 4,592 $35,000,000 $28,976,550 26 1,490
1991 $41,258,231 $41,258,231 78 4,277 $35,000,000 $34,855,113 28 1,547
1992 $63,517,994 $63,517,994 133 8,528 $35,000,000 $48,699,970 29 2,183
1993 $70,434,569 $70,434,569 128 9,001 $35,000,000 $49,043,203 32 2,185
1994 $67,113,568 $67,113,568 122 8,612 $35,000,000 $47,220,796 30 2,135
1995 $44,427,630 $44,818,924 84 5,855 $47,133,862 $48,469,566 28 1,994
1996 $46,494,200 $47,215,733 107 6,467 $33,599,382 $36,006,092 30 1,718
1997 $42,130,174 $41,911,674 77 5,213 $35,038,813 $33,913,707 17 1,213
1998 $43,688,538 $43,688,538 86 5,757 $51,453,018 $50,234,029 37 2,697
1999 $44,205,301 $44,205,301 85 4,967 $51,784,811 $53,557,722 32 2,433
2000 $50,672,338 $50,672,338 81 5,667 $56,684,151 $56,040,292 32 2,218
2001 $52,078,900 $52,078,900 67 5,228 $71,207,244 $35,918,710 23 1,581
2002 $60,302,560 $60,302,560 68 5,518 $105,652,910 $91,928,018a 24 2,492
b
2003 $62,194,578 $62,194,578 86 5,450 $83,835,107 $83,835,107 37 2,841
2004 $68,362,090 $68,362,090 65 4,508 $78,666,648 $74,810,332c 25 1,644
2005 $71,007,983 $71,007,983 72 4,939 $78,593,303 $79,593,303d 28 2,139
e
2006 $72,776,635 $72,776,635 70 4,210 $84,228,004 $84,228,004 26 1,740
2007 $75,897,915 $75,897,915 70 4,424 $93,173,118 $94,457,887f 28 2,326
Total $1,115,636,954 $1,064,565,633 1,956 118,941 $1,150,207,621 $1,117,501,486 670 43,747
Note: Since 1989, the Committee is authorized to use remaining unused and returned credits from previous years.
+Includes forward commitments and\or second-phases in year credit available.
a In addition to the $91,928,018 state tax credit allocated in 2002, $13,630,399 of 2003 state tax credit was forward committed in 2002.
b Includes $9,683,098 in state tax credit allocation to 8 tax-exempt projects with a total of 713 units, which are reflected in the number of
projects and units.
c Includes $3,248,707 in state tax credit allocation to 3 tax-exempt projects with a total of 140 units, which are reflected in the number of projects
and units.
d Includes $19,092,357 in state tax credit allocation to 10 tax-exempt projects with a total of 963 units, which are reflected in the number of
projects and units. Also includes $4,600,650 in state tax credit allocation to CA-2004-024 in exchange for a partial return of their federal tax
credit allocation from 2004.
e Includes $13,597,161 in state tax credit allocation to 9 tax-exempt projects with a total of 594 units, which are reflected in the number of
projects and units. Also includes $2,717,236 in state tax credit allocation to CA-2005-033 in exchange for a partial return of their federal tax
credit allocation from 2005.
f Includes $23,395,641 in state tax credit allocation to 9 tax-exempt projects with a total of 1,003 units, which are reflected in the number of
projects and units.
19
MONITORING – PROJECT PERFORMANCE AND PROGRAM COMPLIANCE
As required by law, during all reservation phases a project is monitored for its progress in
meeting milestones and reservation requirements until it is placed in service. Additionally, IRC
Section 42 and California state statutes require state allocating agencies to monitor occupancy
compliance throughout the credit period. The Internal Revenue Service (IRS) requires that
allocating agencies be notified of any non-compliance or reporting failures by owners. The
monitoring requirement begins at occupancy and continues under the project regulatory
agreement for periods ranging from 30 to 55 years. Federal law requires that each project be
monitored when “placed-in-service,” and then every three years during the compliance period.
The Committee must determine, among other requirements, whether the income of families
residing in low-income units and the rents they are charged are within agreed upon limits stated
in the regulatory agreement. Additionally, the Committee must now conduct physical
inspections of units and buildings in each development.
TCAC’s compliance monitoring program procedure requires project owners to submit tax credit
unit information annually. The information is captured on a number of TCAC forms: Annual
Owner Certification, Project Ownership Profile and Annual Owner Expense report. Information
is analyzed for completeness, accuracy and compliance. In most instances, a grace period is
allowed to correct non-compliance, although the IRS requires that all non-compliance be
reported to the IRS, whether or not the violation is corrected.
Investors are at great risk should non-compliance be discovered, as the IRS could recapture
credits claimed in years of non-compliance. The Committee’s compliance monitoring program
provides for newly placed-in-service projects to receive an early review of rent-up practices in
order that compliance problems may be avoided.
Data presented in Appendix C show the results of the Committee’s 2007 compliance monitoring
activities. Table C-2 in Appendix C lists occupancy information received from project owners
for all “placed-in-service” projects. Of the 10,863 units reviewed for compliance, 86 were found
to have households that were not income-eligible at move-in. Other deficiencies, including rent
20
overcharges and missing income recertifications, were cited during file inspections. During
2007, 99 projects were cited with notices of “non-compliance,” and 581 projects were
determined to have no irregularities, or were able to provide documentation during the correction
period indicating that issues of non-compliance were corrected. In total, 99 properties had
findings of non-compliance that were uncorrected and reported to the IRS in 2007. Project
owners must now bring projects into compliance or risk losing credits against their federal (and
in some cases state) tax liability.
Compliance Report for Projects Placed in Service
Health and Safety Section 50199.15 requires the Committee to report all projects that were
allocated tax credits in previous years, the total number of units in each project, the number of
units assisted by the credit to be occupied by low-income tenants, and the number of units
occupied by low-income tenants.
In 2007, Committee staff conducted file inspections for approximately 34.8% of projects in the
tax credit portfolio. Of the 10,863 files inspected, low-income tenants occupied 10,777 or 99.2%
of tax credit units, as intended. The inspection findings for units with tenants that were not
income-eligible at move-in were reported to the IRS as required.
21
Table 9
Results from Compliance Monitoring File Inspections Conducted in 2006
By Year of Allocation
Inspected
Projects Required Units with
Year of Inspected in Low-Income Unit Files Low-Income
Allocation 2007 Total Units Units Inspected Occupants
1990-1992 78 4,707 4,459 921 918
1993 49 3,807 3,332 686 674
1994 35 2,173 2,165 448 446
1995 32 2,761 2,568 528 527
1996 39 2,849 2,330 481 480
1997 41 3,049 2,734 562 558
1998 69 5,999 5,706 1,166 1,157
1999 25 2,065 1,779 365 365
2000 62 6,747 6,163 1,258 1,255
2001 79 8,148 7,637 1,558 1,554
2002 45 4,893 4,317 878 856
2003 89 7,301 6,818 1,394 1,375
2004 34 2,529 2,429 498 493
2005 3 596 592 120 119
Total 680 57,624 53,029 10,863 10,777
In addition to reporting the results of file inspections, Committee staff also requested that project
owners report the occupancy of required tax credit units. This information may be used in
determining file inspection selections for projects in which owners have either not reported
occupancy information or have not successfully rented units to qualifying tenants.
22
APPENDICES
23
APPENDIX A
2007 9% PROGRAM ALLOCATION INFORMATION
24
Table A-1
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Allocations By County
% of Total Low
Number of Total Federal Federal Total State % of Total Total Income
County Projects Allocation Allocation Allocation State Allocation Units Units
Alameda 2 $21,215,300 2.8% $0 0.0% 119 117
Alpine 0 $0 0.0% $0 0.0% 0 0
Amador 0 $0 0.0% $0 0.0% 0 0
Butte 1 $11,590,180 1.5% $4,189,220 5.9% 72 71
Calaveras 0 $0 0.0% $0 0.0% 0 0
Colusa 0 $0 0.0% $0 0.0% 0 0
Contra Costa 3 $29,330,790 3.8% $0 0.0% 174 171
Del Norte 1 $12,465,730 1.6% $0 0.0% 81 80
El Dorado 0 $0 0.0% $0 0.0% 0 0
Fresno 4 $54,089,430 7.0% $3,743,870 5.3% 282 276
Glenn 0 $0 0.0% $0 0.0% 0 0
Humboldt 0 $0 0.0% $0 0.0% 0 0
Imperial 2 $22,032,980 2.9% $7,963,730 11.2% 146 144
Inyo 0 $0 0.0% $0 0.0% 0 0
Kern 4 $34,220,930 4.4% $7,891,518 11.1% 251 246
Kings 1 $10,895,890 1.4% $0 0.0% 69 68
Lake 0 $0 0.0% $0 0.0% 0 0
Lassen 0 $0 0.0% $0 0.0% 0 0
Los Angeles 22 $231,500,310 30.1% $18,493,916 26.0% 1,352 1,322
Madera 0 $0 0.0% $0 0.0% 0 0
Marin 0 $0 0.0% $0 0.0% 0 0
Mariposa 0 $0 0.0% $0 0.0% 0 0
Mendocino 0 $0 0.0% $0 0.0% 0 0
Merced 0 $0 0.0% $0 0.0% 0 0
Modoc 0 $0 0.0% $0 0.0% 0 0
Mono 0 $0 0.0% $0 0.0% 0 0
Monterey 2 $24,369,470 3.2% $3,523,712 5.0% 96 94
Napa 0 $0 0.0% $0 0.0% 0 0
Nevada 0 $0 0.0% $0 0.0% 0 0
Orange 4 $36,567,620 4.7% $0 0.0% 199 197
Placer 0 $0 0.0% $0 0.0% 0 0
Plumas 0 $0 0.0% $0 0.0% 0 0
Riverside 2 $13,391,160 1.7% $0 0.0% 139 137
Sacramento 1 $5,701,200 0.7% $2,060,298 2.9% 54 53
San Benito 0 $0 0.0% $0 0.0% 0 0
San Bernardino 1 $13,128,450 1.7% $0 0.0% 65 64
San Diego 4 $55,985,590 7.3% $0 0.0% 252 249
San Francisco 2 $38,083,310 4.9% $0 0.0% 294 291
San Joaquin 2 $28,007,920 3.6% $0 0.0% 156 153
San Luis Obispo 1 $11,622,160 1.5% $0 0.0% 52 51
San Mateo 0 $0 0.0% $0 0.0% 0 0
Santa Barbara 1 $6,369,140 0.8% $0 0.0% 39 37
Santa Clara 2 $33,019,680 4.3% $4,500,000 6.3% 158 155
Santa Cruz 0 $0 0.0% $0 0.0% 0 0
Shasta 0 $0 0.0% $0 0.0% 0 0
Sierra 0 $0 0.0% $0 0.0% 0 0
Siskiyou 0 $0 0.0% $0 0.0% 0 0
Solano 0 $0 0.0% $0 0.0% 0 0
Sonoma 1 $10,432,130 1.4% $0 0.0% 45 44
Stanislaus 0 $0 0.0% $0 0.0% 0 0
Sutter 0 $0 0.0% $0 0.0% 0 0
Tehama 0 $0 0.0% $0 0.0% 0 0
Trinity 0 $0 0.0% $0 0.0% 0 0
Tulare 4 $30,798,180 4.0% $6,486,215 9.1% 211 209
Tuolumne 0 $0 0.0% $0 0.0% 0 0
Ventura 1 $16,600,840 2.2% $5,501,126 7.7% 69 68
Yolo 0 $0 0.0% $0 0.0% 0 0
Yuba 2 $18,561,150 2.4% $6,708,641 9.4% 129 127
Statewide 70 $769,979,540* 100.0% $71,062,246 100.0% 4,504 4,424
*This total includes 2007 forward committed funds for 2008 tax credits totaling $18,244,310 and excludes $7,243,920 previously forward
committed in 2006 for 2007 credits.
Table A-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Allocations by Assembly District
% of Total Low
Assembly Total Federal Federal Total State % of Total Total Income
District Projects Allocation Allocation Allocation State Allocation Units Units
1 2 $22,897,860 3.0% $0 0.0% 126 124
2 0 $0 0.0% $0 0.0% 0 0
3 3 $30,151,330 3.9% $10,897,861 15.3% 201 198
4 0 $0 0.0% $0 0.0% 0 0
5 0 $0 0.0% $0 0.0% 0 0
6 0 $0 0.0% $0 0.0% 0 0
7 0 $0 0.0% $0 0.0% 0 0
8 0 $0 0.0% $0 0.0% 0 0
9 1 $5,701,200 0.7% $2,060,298 2.9% 54 53
10 0 $0 0.0% $0 0.0% 0 0
11 0 $0 0.0% $0 0.0% 0 0
12 0 $0 0.0% $0 0.0% 0 0
13 2 $38,083,310 4.9% $0 0.0% 294 291
14 1 $12,607,480 1.6% $0 0.0% 66 65
15 2 $16,723,310 2.2% $0 0.0% 108 106
16 2 $21,215,300 2.8% $0 0.0% 119 117
17 2 $28,007,920 3.6% $0 0.0% 156 153
18 0 $0 0.0% $0 0.0% 0 0
19 0 $0 0.0% $0 0.0% 0 0
20 0 $0 0.0% $0 0.0% 0 0
21 0 $0 0.0% $0 0.0% 0 0
22 0 $0 0.0% $0 0.0% 0 0
23 2 $33,019,680 4.3% $4,500,000 6.3% 158 155
24 0 $0 0.0% $0 0.0% 0 0
25 1 $16,600,840 2.2% $5,501,126 7.7% 69 68
26 0 $0 0.0% $0 0.0% 0 0
27 0 $0 0.0% $0 0.0% 0 0
28 2 $24,369,470 3.2% $3,523,712 5.0% 96 94
29 0 $0 0.0% $0 0.0% 0 0
30 6 $56,632,230 7.4% $6,945,550 9.8% 361 356
31 3 $43,731,380 5.7% $0 0.0% 201 196
32 1 $4,262,970 0.6% $0 0.0% 66 64
33 1 $6,369,140 0.8% $0 0.0% 39 37
34 4 $37,000,010 4.8% $11,176,053 15.7% 237 234
35 0 $0 0.0% $0 0.0% 0 0
36 3 $29,998,490 3.9% $2,698,639 3.8% 251 249
37 0 $0 0.0% $0 0.0% 0 0
38 1 $10,650,080 1.4% $3,520,996 5.0% 96 87
39 5 $59,863,630 7.8% $0 0.0% 318 313
40 0 $0 0.0% $0 0.0% 0 0
41 1 $3,970,430 0.5% $0 0.0% 20 19
42 0 $0 0.0% $0 0.0% 0 0
43 1 $20,000,000 2.6% $0 0.0% 68 67
44 0 $0 0.0% $0 0.0% 0 0
45 4 $37,496,600 4.9% $0 0.0% 141 137
46 4 $42,407,220 5.5% $12,274,281 17.3% 307 302
1 of 2
Table A-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Allocations by Assembly District
% of Total Low
Assembly Total Federal Federal Total State % of Total Total Income
District Projects Allocation Allocation Allocation State Allocation Units Units
47 1 $10,081,620 1.3% $0 0.0% 60 59
48 2 $17,032,240 2.2% $0 0.0% 91 89
49 0 $0 0.0% $0 0.0% 0 0
50 0 $0 0.0% $0 0.0% 0 0
51 0 $0 0.0% $0 0.0% 0 0
52 0 $0 0.0% $0 0.0% 0 0
53 0 $0 0.0% $0 0.0% 0 0
54 0 $0 0.0% $0 0.0% 0 0
55 0 $0 0.0% $0 0.0% 0 0
56 0 $0 0.0% $0 0.0% 0 0
57 0 $0 0.0% $0 0.0% 0 0
58 0 $0 0.0% $0 0.0% 0 0
59 1 $13,128,450 1.7% $0 0.0% 65 64
60 0 $0 0.0% $0 0.0% 0 0
61 0 $0 0.0% $0 0.0% 0 0
62 0 $0 0.0% $0 0.0% 0 0
63 0 $0 0.0% $0 0.0% 0 0
64 0 $0 0.0% $0 0.0% 0 0
65 0 $0 0.0% $0 0.0% 0 0
66 0 $0 0.0% $0 0.0% 0 0
67 1 $10,361,720 1.3% $0 0.0% 49 48
68 0 $0 0.0% $0 0.0% 0 0
69 1 $6,726,980 0.9% $0 0.0% 36 36
70 0 $0 0.0% $0 0.0% 0 0
71 0 $0 0.0% $0 0.0% 0 0
72 1 $11,496,970 1.5% $0 0.0% 76 75
73 1 $7,981,950 1.0% $0 0.0% 38 38
74 0 $0 0.0% $0 0.0% 0 0
75 0 $0 0.0% $0 0.0% 0 0
76 0 $0 0.0% $0 0.0% 0 0
77 0 $0 0.0% $0 0.0% 0 0
78 1 $7,725,300 1.0% $0 0.0% 36 35
79 3 $48,260,290 6.3% $0 0.0% 216 214
80 4 $35,424,140 4.6% $7,963,730 11.2% 285 281
Statewide 70 $769,979,540* 100.0% $71,062,246 100.0% 4,504 4,424
*This total includes 2007 forward committed funds for 2008 tax credits totaling $18,244,310 and excludes $7,243,920 previously
forward committed in 2006 for 2007 credits.
2 of 2
Table A-3
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Allocations by Senate District
% of Total % of State Low
Senate Total Federal Federal Total State Federal Total Income
District Projects Allocation Allocation Allocation Allocation Units Units
1 0 $0 0.0% $0 0.0% 0 0
2 1 $10,432,130 1.4% $0 0.0% 45 44
3 1 25,000,000 3.2% 0 0.0% 212 211
4 4 $42,617,060 5.5% $10,897,861 15.3% 282 278
5 2 $28,007,920 3.6% $0 0.0% 156 153
6 1 $5,701,200 0.7% $2,060,298 2.9% 54 53
7 2 $16,723,310 2.2% $0 0.0% 108 106
8 1 $13,083,310 1.7% $0 0.0% 82 80
9 3 $33,822,780 4.4% $0 0.0% 185 182
10 0 $0 0.0% $0 0.0% 0 0
11 0 $0 0.0% $0 0.0% 0 0
12 2 $24,369,470 3.2% $3,523,712 5.0% 96 94
13 2 $33,019,680 4.3% $4,500,000 6.3% 158 155
14 0 $0 0.0% $0 0.0% 0 0
15 0 $0 0.0% $0 0.0% 0 0
16 10 $105,946,090 13.8% $6,945,550 9.8% 602 592
17 4 $43,126,940 5.6% $2,698,639 3.8% 316 313
18 4 $35,680,500 4.6% $11,176,053 15.7% 263 258
19 3 $33,620,060 4.4% $9,022,122 12.7% 204 192
20 5 $59,863,630 7.8% $0 0.0% 318 313
21 1 $20,000,000 2.6% $0 0.0% 68 67
22 8 $84,591,510 11.0% $12,274,281 17.3% 475 466
23 1 $3,970,430 0.5% $0 0.0% 20 19
24 1 $7,053,030 0.9% $0 0.0% 21 20
25 0 $0 0.0% $0 0.0% 0 0
26 2 $15,373,140 2.0% $0 0.0% 103 101
27 0 $0 0.0% $0 0.0% 0 0
28 0 $0 0.0% $0 0.0% 0 0
29 1 $11,496,970 1.5% $0 0.0% 76 75
30 0 $0 0.0% $0 0.0% 0 0
31 0 $0 0.0% $0 0.0% 0 0
32 0 $0 0.0% $0 0.0% 0 0
33 0 $0 0.0% $0 0.0% 0 0
34 2 $17,088,700 2.2% $0 0.0% 85 84
35 0 $0 0.0% $0 0.0% 0 0
36 0 $0 0.0% $0 0.0% 0 0
37 1 $3,524,040 0.5% $0 0.0% 80 79
38 1 $7,981,950 1.0% $0 0.0% 38 38
39 1 $7,725,300 1.0% $0 0.0% 36 35
40 6 $80,160,390 10.4% $7,963,730 11.2% 421 416
Statewide 70 $769,979,540* 100.0% $71,062,246 100.0% 4,504 4,424
*This total includes 2007 forward committed funds for 2008 tax credits totaling $18,244,310 and excludes $7,243,920
previously forward committed in 2006 for 2007 credits.
Table A-4
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Allocations by Congressional District
Total % of Total % of Total Low
Congressional Federal Federal Total State State Total Income
District Projects Allocation Allocation Allocation Allocation Units Units
1 1 $12,465,730 1.6% $0 0.0% 81 80
2 2 $18,561,150 2.4% $6,708,641 9.4% 129 127
3 0 $0 0.0% $0 0.0% 0 0
4 1 $11,590,180 1.5% $4,189,220 5.9% 72 71
5 1 $5,701,200 0.7% $2,060,298 2.9% 54 53
6 1 $10,432,130 1.4% $0 0.0% 45 44
7 1 $12,607,480 1.6% $0 0.0% 66 65
8 2 $38,083,310 4.9% $0 0.0% 294 291
9 2 $21,215,300 2.8% $0 0.0% 119 117
10 2 $16,723,310 2.2% $0 0.0% 108 106
11 0 $0 0.0% $0 0.0% 0 0
12 0 $0 0.0% $0 0.0% 0 0
13 0 $0 0.0% $0 0.0% 0 0
14 0 $0 0.0% $0 0.0% 0 0
15 0 $0 0.0% $0 0.0% 0 0
16 2 $33,019,680 4.3% $4,500,000 6.3% 158 155
17 2 $24,369,470 3.2% $3,523,712 5.0% 96 94
18 2 $28,007,920 3.6% $0 0.0% 156 153
19 1 $6,369,140 0.8% $0 0.0% 39 37
20 6 $73,843,300 9.6% $6,945,550 9.8% 395 387
21 4 $30,798,180 4.0% $6,486,215 9.1% 211 209
22 3 $25,362,950 3.3% $4,689,838 6.6% 207 203
23 1 $11,622,160 1.5% $0 0.0% 52 51
24 1 $16,600,840 2.2% $5,501,126 7.7% 69 68
25 3 $29,998,490 3.9% $2,698,639 3.8% 251 249
26 0 $0 0.0% $0 0.0% 0 0
27 0 $0 0.0% $0 0.0% 0 0
28 5 $59,863,630 7.8% $0 0.0% 318 313
29 1 $20,000,000 2.6% $0 0.0% 68 67
30 1 $3,970,430 0.5% $0 0.0% 20 19
31 6 $60,728,980 7.9% $10,761,426 15.1% 368 354
32 0 $0 0.0% $0 0.0% 0 0
33 3 $27,113,860 3.5% $0 0.0% 151 148
34 3 $29,824,920 3.9% $5,033,851 7.1% 176 172
35 0 $0 0.0% $0 0.0% 0 0
36 0 $0 0.0% $0 0.0% 0 0
37 0 $0 0.0% $0 0.0% 0 0
38 0 $0 0.0% $0 0.0% 0 0
39 0 $0 0.0% $0 0.0% 0 0
40 0 $0 0.0% $0 0.0% 0 0
1 of 2
Table A-4
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Allocations by Congressional District
Total % of Total % of Total Low
Congressional Federal Federal Total State State Total Income
District Projects Allocation Allocation Allocation Allocation Units Units
41 1 $13,128,450 1.7% $0 0.0% 65 64
42 1 $11,496,970 1.5% $0 0.0% 76 75
43 0 $0 0.0% $0 0.0% 0 0
44 1 $7,981,950 1.0% $0 0.0% 38 38
45 2 $13,391,160 1.7% $0 0.0% 139 137
46 0 $0 0.0% $0 0.0% 0 0
47 2 $17,088,700 2.2% $0 0.0% 85 84
48 0 $0 0.0% $0 0.0% 0 0
49 0 $0 0.0% $0 0.0% 0 0
50 0 $0 0.0% $0 0.0% 0 0
51 3 $31,661,860 4.1% $7,963,730 11.2% 188 185
52 0 $0 0.0% $0 0.0% 0 0
53 3 $46,356,710 6.0% $0 0.0% 210 208
Statewide 70 $769,979,540* 100.0% $71,062,246 100.0% 4,504 4,424
*This total includes 2007 forward committed funds for 2008 tax credits totaling $18,244,310 and excludes
$7,243,920 previously forward committed in 2006 for 2007 credits.
2 of 2
Table A-5
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Allocations by TCAC Project Number
Low
Set Aside at Construction Total Income Total Federal Total State Congress. Assembly Senate
TCAC # Project Name Application Type Units Units Allocation Allocation City County District District District
CA-2007-005 Essex Apartments SRO RC 150 150 $15,545,660 $0 Lancaster Los Angeles 25 36 17
CA-2007-008 James Woods Apartments Nonprofit HA NC 53 52 $8,031,790 $0 Los Angeles Los Angeles 34 46 22
CA-2007-009 Rosa Parks Villas Nonprofit NC 60 59 $10,081,620 $0 Los Angeles Los Angeles 33 47 26
CA-2007-011 Rayen Apartments Nonprofit HA NC 49 48 $10,741,220 $0 Los Angeles Los Angeles 28 39 20
CA-2007-019 The Ardmore General Pool NC 48 47 $11,740,720 $0 Los Angeles Los Angeles 33 48 22
CA-2007-023 Wysteria Nonprofit NC 65 64 $16,572,010 $0 Stockton San Joaquin 18 17 5
CA-2007-025 Bella Vista Apartments Rural NC 47 46 $8,066,980 $0 Parlier Fresno 20 31 16
CA-2007-026 Washington Square III and Sherwood Court At Risk RC 54 53 $5,701,200 $2,060,298 Sacramento Sacramento 5 9 6
CA-2007-028 Mirage Vista Apartments Rural NC 55 55 $6,773,390 $0 Pixley Tulare 21 30 16
CA-2007-033 Roosevelt Family Apartments Rural NC 52 51 $11,622,160 $0 Nipomo San Luis Obispo 23 30 16
CA-2007-038 Clinton Family Apartments Rural NC 59 58 $9,867,120 $0 Mecca Riverside 45 80 40
CA-2007-040 La Entrada Family Housing General Pool NC 85 84 $20,000,000 $0 San Diego San Diego 53 79 40
CA-2007-043 The Fairways at San Antonio General Pool NC 86 84 $16,801,040 $4,500,000 San Jose Santa Clara 16 23 13
CA-2007-046 Manitou Vistas II Small Development NC 21 20 $7,053,030 $0 Los Angeles Los Angeles 31 45 24
CA-2007-049 Orion Gardens Apartments General Pool NC 32 31 $8,143,840 $0 Los Angeles Los Angeles 28 39 20
CA-2007-050 Tanager Springs II General Pool NC 80 78 $17,341,690 $0 Fresno Fresno 20 31 16
CA-2007-051 Jeffrey Lynne Neighborhood Revitalization Phase IV General Pool RC 36 36 $6,726,980 $0 Anaheim Orange 47 69 34
CA-2007-056 Alicante Apartments Rural NC 81 80 $10,358,050 $3,743,870 Huron Fresno 20 30 16
CA-2007-064 Richmond MacDonald Senior Apartments General Pool NC 66 65 $12,607,480 $0 Richmond Contra Costa 7 14 9
CA-2007-068 Oak Place Senior Villas Nonprofit NC 54 53 $8,181,350 $0 Oakley Contra Costa 10 15 7
CA-2007-073 Corcoran Family Apartments Rural NC 69 68 $10,895,890 $0 Corcoran Kings 20 30 16
CA-2007-074 Harvard Avenue Apartments Phase II Rural NC 40 40 $5,582,480 $0 Lindsay Tulare 21 34 16
CA-2007-075 Cantabria Senior Apartments General Pool NC 81 80 $17,094,170 $0 Panorama City Los Angeles 28 39 20
CA-2007-076 Petaluma Avenue Homes Nonprofit NC 45 44 $10,432,130 $0 Sebastopol Sonoma 6 1 2
CA-2007-078 Summer Crest Apartment Homes General Pool NC 49 48 $10,361,720 $0 Anaheim Orange 47 67 34
CA-2007-082 Vista Dunes Courtyard Homes Nonprofit NC 80 79 $3,524,040 $0 La Quinta Riverside 45 80 37
CA-2007-083 Monterey Street Apartments Rural NC 52 51 $14,267,660 $0 Soledad Monterey 17 28 12
CA-2007-084 Hillview Ridge Apartments Rural NC 72 71 $11,590,180 $4,189,220 Oroville Butte 4 3 4
CA-2007-085 Ocean Breeze Apartments Small Development NC 20 19 $3,970,430 $0 Santa Monica Los Angeles 30 41 23
CA-2007-087 Panorama View Apartments At Risk RC 87 86 $8,805,970 $0 Panorama City Los Angeles 28 39 20
CA-2007-088 St. Andrews Arms Apartments At Risk RC 43 42 $5,291,520 $0 Los Angeles Los Angeles 33 48 26
CA-2007-093 Lamont Village Rural / RHS 514 NC 44 43 $8,857,980 $3,201,680 Lamont Kern 20 30 16
CA-2007-095 Village Park Senior Apartments Nonprofit NC 60 59 $8,124,760 $0 Bakersfield Kern 22 30 16
CA-2007-098 Working Artists Ventura General Pool NC 69 68 $16,600,840 $5,501,126 Ventura Ventura 24 25 19
CA-2007-102 The Commons of Lancaster Small Development NC 21 20 $6,291,120 $0 Lancaster Los Angeles 25 36 17
CA-2007-106 New Carver Apartments Nonprofit HA NC 97 95 $13,837,730 $5,033,851 Los Angeles Los Angeles 34 46 22
CA-2007-107 Fanoe Road Rural NC 44 43 $10,101,810 $3,523,712 Gonzales Monterey 17 28 12
CA-2007-111 Rittenhouse Square General Pool NC 100 99 $11,249,040 $3,990,547 Los Angeles Los Angeles 31 46 22
CA-2007-114 Los Vecinos Nonprofit NC 42 41 $9,628,880 $0 Chula Vista San Diego 51 79 40
CA-2007-115 Turk/Eddy Preservation Project Nonprofit RC 82 80 $13,083,310 $0 San Francisco San Francisco 8 13 8
CA-2007-116 Civic Center Residence Nonprofit RC 212 211 $25,000,000 $0 San Francisco San Francisco 8 13 3
CA-2007-117 Panorama Park Apartments At Risk RC 66 64 $4,262,970 $0 Bakersfield Kern 22 32 18
CA-2007-120 Jack London Gateway Senior Housing Nonprofit NC 61 60 $12,999,630 $0 Oakland Alameda 9 16 9
CA-2007-121 San Remo Apartments General Pool NC 65 64 $13,128,450 $0 Hesperia San Bernardino 41 59 17
CA-2007-123 Marymead Park Apartments At Risk RC 68 67 $9,687,980 $3,501,477 Marysville Yuba 2 3 4
1 of 2
Table A-5
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Allocations by TCAC Project Number
Low
Set Aside at Construction Total Income Total Federal Total State Congress. Assembly Senate
TCAC # Project Name Application Type Units Units Allocation Allocation City County District District District
CA-2007-127 Monterey Family Village General Pool NC 72 71 $16,218,640 $0 San Jose Santa Clara 16 23 13
CA-2007-129 Hidden Creek Apartments Rural NC 81 80 $12,465,730 $0 Crescent City Del Norte 1 1 4
CA-2007-133 Imperial Gardens Family Apartments General Pool NC 77 76 $11,427,500 $4,130,423 El Centro Imperial 51 80 40
CA-2007-138 Villas de Amistad SRO RC 91 89 $11,435,910 $0 Stockton San Joaquin 18 17 5
CA-2007-148 Glendale City Lights General Pool NC 68 67 $20,000,000 $0 Los Angeles Los Angeles 29 43 21
CA-2007-149 Tanager Springs I General Pool NC 74 72 $18,322,710 $0 Fresno Fresno 20 31 16
CA-2007-150 Harvard Circle General Pool NC 40 39 $11,430,220 $0 Los Angeles Los Angeles 31 45 22
CA-2007-153 The Mediterranean General Pool NC 26 25 $7,955,400 $0 Los Angeles Los Angeles 34 45 22
CA-2007-161 Homebase on G Nonprofit HA NC 39 37 $6,369,140 $0 Lompoc Santa Barbara 19 33 19
CA-2007-163 Linda Garden Apartments Nonprofit RC 76 75 $11,496,970 $0 Yorba Linda Orange 42 72 29
CA-2007-168 Broadway Mixed Use General Pool NC 36 35 $7,725,300 $0 Lemon Grove San Diego 53 78 39
CA-2007-173 Manzanilla Terrace Rural NC 69 68 $10,605,480 $3,833,307 Brawley Imperial 51 80 40
CA-2007-174 Oakhurst Apartments General Pool NC 61 60 $8,873,170 $3,207,164 Olivehurst Yuba 2 3 4
CA-2007-175 Palmdale Medical Center Senior Housing Nonprofit NC 80 79 $8,161,710 $2,698,639 Palmdale Los Angeles 25 36 17
CA-2007-176 Brookfield Place Apartments General Pool NC 58 57 $8,215,670 $0 Oakland Alameda 9 16 9
CA-2007-179 Los Vientos General Pool NC 89 89 $18,631,410 $0 San Diego San Diego 53 79 40
CA-2007-181 Rosewood Gardens Nonprofit NC 54 53 $11,057,950 $0 Los Angeles Los Angeles 31 45 22
CA-2007-184 Seasons II Senior Apartments General Pool NC 38 38 $7,981,950 $0 San Juan Capistrano Orange 44 73 38
CA-2007-185 Oak Grove Terrace Nonprofit NC 54 53 $8,541,960 $0 Oakley Contra Costa 10 15 7
CA-2007-186 Seven Maples Nonprofit NC 57 56 $9,288,660 $3,249,883 Los Angeles Los Angeles 31 46 22
CA-2007-188 Woodlake Family Apartments Rural NC 68 67 $9,343,320 $3,377,102 Woodlake Tulare 21 34 18
CA-2007-191 Asturias Senior Apartments General Pool NC 69 68 $15,078,430 $0 Panorama City Los Angeles 28 39 20
CA-2007-192 Gateway Village Rural / RHS 515 NC 48 47 $9,098,990 $3,109,113 Farmersville Tulare 21 34 18
CA-2007-197 Rosamond Family Apartments Rural NC 81 80 $12,975,220 $4,689,838 Rosamond Kern 22 34 18
CA-2007-198 Two Worlds Apartments At Risk RC 96 87 $10,650,080 $3,520,996 Los Angeles Los Angeles 31 38 19
Total of 70 Projects 4,504 4,424 $769,979,540* 71,062,246
*This total includes 2007 forward committed funds for 2008 tax credits totaling $18,244,310 and excludes $7,243,920 previously forward committed in 2006 for 2007 credits.
2 of 2
Table A-6
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Awards by Set-Aside Funding Priority
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
Nonprofit Homeless Assistance Set-aside
CA-2007-008 James Woods Apartments 52 $8,031,790 $0 Los Angeles Los Angeles Single Room
CA-2007-011 Rayen Apartments 48 $10,741,220 $0 Los Angeles Los Angeles Special Needs
CA-2007-106 New Carver Apartments 95 $13,837,730 $5,033,851 Los Angeles Los Angeles Special Needs
CA-2007-161 Homebase on G 37 $6,369,140 $0 Lompoc Santa Barbara Special Needs
Total of 4 Projects 232 $38,979,880 $5,033,851
Nonprofit Set-aside
CA-2007-009 Rosa Parks Villas 59 $10,081,620 $0 Los Angeles Los Angeles Senior
CA-2007-076 Petaluma Avenue Homes 44 $10,432,130 $0 Sebastopol Sonoma Large Family
CA-2007-082 Vista Dunes Courtyard Homes 79 $3,524,040 $0 La Quinta Riverside Large Family
CA-2007-175 Palmdale Medical Center Senior Housing 79 $8,161,710 $2,698,639 Palmdale Los Angeles Senior
CA-2007-181 Rosewood Gardens 53 $11,057,950 $0 Los Angeles Los Angeles Senior
CA-2007-186 Seven Maples 56 $9,288,660 $3,249,883 Los Angeles Los Angeles Senior
Total of 6 Projects 370 $52,546,110 $5,948,522
Rural / RHS Apportionment Set-aside
CA-2007-093 Lamont Village 43 $8,857,980 $3,201,680 Lamont Kern Large Family
CA-2007-192 Gateway Village 47 $9,098,990 $3,109,113 Farmersville Tulare Large Family
Total of 2 Projects 90 $17,956,970 $6,310,793
Rural Set-aside
CA-2007-025 Bella Vista Apartments 46 $8,066,980 $0 Parlier Fresno Large Family
CA-2007-028 Mirage Vista Apartments 55 $6,773,390 $0 Pixley Tulare Large Family
CA-2007-038 Clinton Family Apartments 58 $9,867,120 $0 Mecca Riverside Large Family
CA-2007-056 Alicante Apartments 80 $10,358,050 $3,743,870 Huron Fresno Large Family
CA-2007-073 Corcoran Family Apartments 68 $10,895,890 $0 Corcoran Kings Large Family
CA-2007-074 Harvard Avenue Apartments Phase II 40 $5,582,480 $0 Lindsay Tulare Large Family
CA-2007-083 Monterey Street Apartments 51 $14,267,660 $0 Soledad Monterey Large Family
CA-2007-084 Hillview Ridge Apartments 71 $11,590,180 $4,189,220 Oroville Butte Large Family
CA-2007-107 Fanoe Road 43 $10,101,810 $3,523,712 Gonzales Monterey Large Family
CA-2007-129 Hidden Creek Apartments 80 $12,465,730 $0 Crescent City Del Norte Large Family
CA-2007-173 Manzanilla Terrace 68 $10,605,480 $3,833,307 Brawley Imperial Large Family
CA-2007-188 Woodlake Family Apartments 67 $9,343,320 $3,377,102 Woodlake Tulare Large Family
CA-2007-197 Rosamond Family Apartments 80 $12,975,220 $4,689,838 Rosamond Kern Large Family
Total of 13 Projects 807 $132,893,310 $23,357,049
Small Development Set-aside
CA-2007-046 Manitou Vistas II 20 $7,053,030 $0 Los Angeles Los Angeles Large Family
1 of 3
Table A-6
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Awards by Set-Aside Funding Priority
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
CA-2007-085 Ocean Breeze Apartments 19 $3,970,430 $0 Santa Monica Los Angeles Senior
CA-2007-102 The Commons of Lancaster 20 $6,291,120 $0 Lancaster Los Angeles Large Family
Total of 3 Projects 59 $17,314,580 $0
At-Risk Set-aside
CA-2007-026 Washington Square III and Sherwood Court 53 $5,701,200 $2,060,298 Sacramento Sacramento At-Risk
CA-2007-087 Panorama View Apartments 86 $8,805,970 $0 Panorama City Los Angeles At-Risk
CA-2007-088 St. Andrews Arms Apartments 42 $5,291,520 $0 Los Angeles Los Angeles At-Risk
CA-2007-117 Panorama Park Apartments 64 $4,262,970 $0 Bakersfield Kern At-Risk
CA-2007-123 Marymead Park Apartments 67 $9,687,980 $3,501,477 Marysville Yuba At-Risk
CA-2007-198 Two Worlds Apartments 87 $10,650,080 $3,520,996 Los Angeles Los Angeles At-Risk
Total of 6 Projects 399 $44,399,720 $9,082,771
SRO/Special Needs Set-aside
CA-2007-005 Essex Apartments 150 $15,545,660 $0 Lancaster Los Angeles Senior
Total of 1 Project 150 $15,545,660 $0
Geographic Apportionment
CA-2007-019 The Ardmore 47 $11,740,720 $0 Los Angeles Los Angeles Large Family
CA-2007-023 Wysteria 64 $16,572,010 $0 Stockton San Joaquin Large Family
CA-2007-033 Roosevelt Family Apartments 51 $11,622,160 $0 Nipomo San Luis Obispo Large Family
CA-2007-040 La Entrada Family Housing 84 $20,000,000 $0 San Diego San Diego Large Family
CA-2007-043 The Fairways at San Antonio 84 $16,801,040 $4,500,000 San Jose Santa Clara Large Family
CA-2007-049 Orion Gardens Apartments 31 $8,143,840 $0 Los Angeles Los Angeles Large Family
CA-2007-050 Tanager Springs II 78 $17,341,690 $0 Fresno Fresno Large Family
CA-2007-051 Jeffrey Lynne Neighborhood Revitalization Phase IV 36 $6,726,980 $0 Anaheim Orange Large Family
CA-2007-064 Richmond MacDonald Senior Apartments 65 $12,607,480 $0 Richmond Contra Costa Senior
CA-2007-068 Oak Place Senior Villas 53 $8,181,350 $0 Oakley Contra Costa Senior
CA-2007-075 Cantabria Senior Apartments 80 $17,094,170 $0 Panorama City Los Angeles Senior
CA-2007-078 Summer Crest Apartment Homes 48 $10,361,720 $0 Anaheim Orange Large Family
CA-2007-095 Village Park Senior Apartments 59 $8,124,760 $0 Bakersfield Kern Senior
CA-2007-098 Working Artists Ventura 68 $16,600,840 $5,501,126 Ventura Ventura Large Family
CA-2007-111 Rittenhouse Square 99 $11,249,040 $3,990,547 Los Angeles Los Angeles Senior
CA-2007-114 Los Vecinos 41 $9,628,880 $0 Chula Vista San Diego Large Family
CA-2007-115 Turk/Eddy Preservation Project 80 $13,083,310 $0 San Francisco San Francisco Single Room
CA-2007-116 Civic Center Residence 211 $25,000,000 $0 San Francisco San Francisco Single Room
CA-2007-120 Jack London Gateway Senior Housing 60 $12,999,630 $0 Oakland Alameda Senior
CA-2007-121 San Remo Apartments 64 $13,128,450 $0 Hesperia San Bernardino Large Family
CA-2007-127 Monterey Family Village 71 $16,218,640 $0 San Jose Santa Clara Large Family
CA-2007-133 Imperial Gardens Family Apartments 76 $11,427,500 $4,130,423 El Centro Imperial Large Family
CA-2007-138 Villas de Amistad 89 $11,435,910 $0 Stockton San Joaquin Single Room
2 of 3
Table A-6
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Awards by Set-Aside Funding Priority
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
CA-2007-148 Glendale City Lights 67 $20,000,000 $0 Los Angeles Los Angeles Large Family
CA-2007-149 Tanager Springs I 72 $18,322,710 $0 Fresno Fresno Large Family
CA-2007-150 Harvard Circle 39 $11,430,220 $0 Los Angeles Los Angeles Large Family
CA-2007-153 The Mediterranean 25 $7,955,400 $0 Los Angeles Los Angeles Large Family
CA-2007-163 Linda Garden Apartments 75 $11,496,970 $0 Yorba Linda Orange Large Family
CA-2007-168 Broadway Mixed Use 35 $7,725,300 $0 Lemon Grove San Diego Large Family
CA-2007-174 Oakhurst Apartments 60 $8,873,170 $3,207,164 Olivehurst Yuba Large Family
CA-2007-176 Brookfield Place Apartments 57 $8,215,670 $0 Oakland Alameda Large Family
CA-2007-179 Los Vientos 89 $18,631,410 $0 San Diego San Diego Large Family
CA-2007-184 Seasons II Senior Apartments 38 $7,981,950 $0 San Juan Capistrano Orange Senior
CA-2007-185 Oak Grove Terrace 53 $8,541,960 $0 Oakley Contra Costa Senior
CA-2007-191 Asturias Senior Apartments 68 $15,078,430 $0 Panorama City Los Angeles Senior
Total of 35 Projects 2,317 $450,343,310 $21,329,260
Grand Total of 70 Projects 4,424 $769,979,540* 71,062,246
*This total includes 2007 forward committed funds for 2008 tax credits totaling $18,244,310 and excludes $7,243,920 previously forward committed in 2006 for 2007 credits.
3 of 3
Table A-7
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
Alameda
CA-2007-176 Brookfield Place Apartments 57 $8,215,670 $0 Oakland Alameda Large Family
CA-2007-120 Jack London Gateway Senior Housing 60 $12,999,630 $0 Oakland Alameda Senior
Total of 2 Projects 117 $21,215,300 $0
Butte
CA-2007-084 Hillview Ridge Apartments 71 $11,590,180 $4,189,220 Oroville Butte Large Family
Total of 1 Project 71 $11,590,180 $4,189,220
Contra Costa
CA-2007-064 Richmond MacDonald Senior Apartments 65 $12,607,480 $0 Richmond Contra Costa Senior
CA-2007-068 Oak Place Senior Villas 53 $8,181,350 $0 Oakley Contra Costa Senior
CA-2007-185 Oak Grove Terrace 53 $8,541,960 $0 Oakley Contra Costa Senior
Total of 3 Projects 171 $29,330,790 $0
Del Norte
CA-2007-129 Hidden Creek Apartments 80 $12,465,730 $0 Crescent City Del Norte Large Family
Total of 1 Project 80 $12,465,730 $0
Fresno
CA-2007-050 Tanager Springs II 78 $17,341,690 $0 Fresno Fresno Large Family
CA-2007-149 Tanager Springs I 72 $18,322,710 $0 Fresno Fresno Large Family
CA-2007-025 Bella Vista Apartments 46 $8,066,980 $0 Parlier Fresno Large Family
CA-2007-056 Alicante Apartments 80 $10,358,050 $3,743,870 Huron Fresno Large Family
Total of 4 Projects 276 $54,089,430 $3,743,870
Imperial
CA-2007-133 Imperial Gardens Family Apartments 76 $11,427,500 $4,130,423 El Centro Imperial Large Family
CA-2007-173 Manzanilla Terrace 68 $10,605,480 $3,833,307 Brawley Imperial Large Family
Total of 2 Projects 144 $22,032,980 $7,963,730
Kern
CA-2007-117 Panorama Park Apartments 64 $4,262,970 $0 Bakersfield Kern At-Risk
CA-2007-095 Village Park Senior Apartments 59 $8,124,760 $0 Bakersfield Kern Senior
CA-2007-197 Rosamond Family Apartments 80 $12,975,220 $4,689,838 Rosamond Kern Large Family
CA-2007-093 Lamont Village 43 $8,857,980 $3,201,680 Lamont Kern Large Family
Total of 4 Projects 246 $34,220,930 $7,891,518
Kings
CA-2007-073 Corcoran Family Apartments 68 $10,895,890 $0 Corcoran Kings Large Family
Total of 1 Project 68 $10,895,890 $0
1 of 4
Table A-7
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
Los Angeles
CA-2007-087 Panorama View Apartments 86 $8,805,970 $0 Panorama City Los Angeles At-Risk
CA-2007-088 St. Andrews Arms Apartments 42 $5,291,520 $0 Los Angeles Los Angeles At-Risk
CA-2007-198 Two Worlds Apartments 87 $10,650,080 $3,520,996 Los Angeles Los Angeles At-Risk
CA-2007-019 The Ardmore 47 $11,740,720 $0 Los Angeles Los Angeles Large Family
CA-2007-049 Orion Gardens Apartments 31 $8,143,840 $0 Los Angeles Los Angeles Large Family
CA-2007-075 Cantabria Senior Apartments 80 $17,094,170 $0 Panorama City Los Angeles Senior
CA-2007-111 Rittenhouse Square 99 $11,249,040 $3,990,547 Los Angeles Los Angeles Senior
CA-2007-148 Glendale City Lights 67 $20,000,000 $0 Los Angeles Los Angeles Large Family
CA-2007-150 Harvard Circle 39 $11,430,220 $0 Los Angeles Los Angeles Large Family
CA-2007-153 The Mediterranean 25 $7,955,400 $0 Los Angeles Los Angeles Large Family
CA-2007-191 Asturias Senior Apartments 68 $15,078,430 $0 Panorama City Los Angeles Senior
CA-2007-009 Rosa Parks Villas 59 $10,081,620 $0 Los Angeles Los Angeles Senior
CA-2007-175 Palmdale Medical Center Senior Housing 79 $8,161,710 $2,698,639 Palmdale Los Angeles Senior
CA-2007-181 Rosewood Gardens 53 $11,057,950 $0 Los Angeles Los Angeles Senior
CA-2007-186 Seven Maples 56 $9,288,660 $3,249,883 Los Angeles Los Angeles Senior
CA-2007-008 James Woods Apartments 52 $8,031,790 $0 Los Angeles Los Angeles Single Room
CA-2007-011 Rayen Apartments 48 $10,741,220 $0 Los Angeles Los Angeles Special Needs
CA-2007-106 New Carver Apartments 95 $13,837,730 $5,033,851 Los Angeles Los Angeles Special Needs
CA-2007-046 Manitou Vistas II 20 $7,053,030 $0 Los Angeles Los Angeles Large Family
CA-2007-085 Ocean Breeze Apartments 19 $3,970,430 $0 Santa Monica Los Angeles Senior
CA-2007-102 The Commons of Lancaster 20 $6,291,120 $0 Lancaster Los Angeles Large Family
CA-2007-005 Essex Apartments 150 $15,545,660 $0 Lancaster Los Angeles Senior
Total of 22 Projects 1,322 $231,500,310 $18,493,916
Monterey
CA-2007-083 Monterey Street Apartments 51 $14,267,660 $0 Soledad Monterey Large Family
CA-2007-107 Fanoe Road 43 $10,101,810 $3,523,712 Gonzales Monterey Large Family
Total of 2 Projects 94 $24,369,470 $3,523,712
Orange
CA-2007-051 Jeffrey Lynne Neighborhood Revitalization Phase IV 36 $6,726,980 $0 Anaheim Orange Large Family
CA-2007-078 Summer Crest Apartment Homes 48 $10,361,720 $0 Anaheim Orange Large Family
CA-2007-184 Seasons II Senior Apartments 38 $7,981,950 $0 San Juan Capistrano Orange Senior
CA-2007-163 Linda Garden Apartments 75 $11,496,970 $0 Yorba Linda Orange Large Family
Total of 4 Projects 197 $36,567,620 $0
Riverside
CA-2007-082 Vista Dunes Courtyard Homes 79 $3,524,040 $0 La Quinta Riverside Large Family
CA-2007-038 Clinton Family Apartments 58 $9,867,120 $0 Mecca Riverside Large Family
Total of 2 Projects 137 $13,391,160 $0
2 of 4
Table A-7
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
Sacramento
CA-2007-026 Washington Square III and Sherwood Court 53 $5,701,200 $2,060,298 Sacramento Sacramento At-Risk
Total of 1 Project 53 $5,701,200 $2,060,298
San Bernardino
CA-2007-121 San Remo Apartments 64 $13,128,450 $0 Hesperia San Bernardino Large Family
Total of 1 Project 64 $13,128,450 $0
San Diego
CA-2007-040 La Entrada Family Housing 84 $20,000,000 $0 San Diego San Diego Large Family
CA-2007-168 Broadway Mixed Use 35 $7,725,300 $0 Lemon Grove San Diego Large Family
CA-2007-179 Los Vientos 89 $18,631,410 $0 San Diego San Diego Large Family
CA-2007-114 Los Vecinos 41 $9,628,880 $0 Chula Vista San Diego Large Family
Total of 4 Projects 249 $55,985,590 $0
San Francisco
CA-2007-115 Turk/Eddy Preservation Project 80 $13,083,310 $0 San Francisco San Francisco Single Room
CA-2007-116 Civic Center Residence 211 $25,000,000 $0 San Francisco San Francisco Single Room
Total of 2 Projects 291 $38,083,310 $0
San Joaquin
CA-2007-023 Wysteria 64 $16,572,010 $0 Stockton San Joaquin Large Family
CA-2007-138 Villas de Amistad 89 $11,435,910 $0 Stockton San Joaquin Single Room
Total of 2 Projects 153 $28,007,920 $0
San Luis Obispo
CA-2007-033 Roosevelt Family Apartments 51 $11,622,160 $0 Nipomo San Luis Obispo Large Family
Total of 1 Project 51 $11,622,160 $0
Santa Barbara
CA-2007-161 Homebase on G 37 $6,369,140 $0 Lompoc Santa Barbara Special Needs
Total of 1 Project 37 $6,369,140 $0
Santa Clara
CA-2007-043 The Fairways at San Antonio 84 $16,801,040 $4,500,000 San Jose Santa Clara Large Family
CA-2007-127 Monterey Family Village 71 $16,218,640 $0 San Jose Santa Clara Large Family
Total of 2 Projects 155 $33,019,680 $4,500,000
Sonoma
CA-2007-076 Petaluma Avenue Homes 44 $10,432,130 $0 Sebastopol Sonoma Large Family
Total of 1 Project 44 $10,432,130 $0
3 of 4
Table A-7
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 9% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
Tulare
CA-2007-028 Mirage Vista Apartments 55 $6,773,390 $0 Pixley Tulare Large Family
CA-2007-074 Harvard Avenue Apartments Phase II 40 $5,582,480 $0 Lindsay Tulare Large Family
CA-2007-188 Woodlake Family Apartments 67 $9,343,320 $3,377,102 Woodlake Tulare Large Family
CA-2007-192 Gateway Village 47 $9,098,990 $3,109,113 Farmersville Tulare Large Family
Total of 4 Projects 209 $30,798,180 $6,486,215
Ventura
CA-2007-098 Working Artists Ventura 68 $16,600,840 $5,501,126 Ventura Ventura Large Family
Total of 1 Project 68 $16,600,840 $5,501,126
Yuba
CA-2007-123 Marymead Park Apartments 67 $9,687,980 $3,501,477 Marysville Yuba At-Risk
CA-2007-174 Oakhurst Apartments 60 $8,873,170 $3,207,164 Olivehurst Yuba Large Family
Total of 2 Projects 127 $18,561,150 $6,708,641
Grand Total of 70 Projects 4,424 $769,979,540* $71,062,246
*This total includes 2007 forward committed funds for 2008 tax credits totaling $18,244,310 and excludes $7,243,920 previously forward committed in 2006 for 2007 credits.
4 of 4
Table A-8
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Financing Breakdown for 2007 9% Allocations
Total Current Current Deferred Govt Other Other Tax Investor
Development Payment Financing as Deferred Govt Financing as % Funding Funding as Credit Equity as %
TCAC # Project Name Cost (TDC) Financing % of TDC Financing of TDC Sources % of TDC Factor Investor Equity of TDC
CA-2007-005 Essex Apartments $19,590,203 $3,200,000 16.3% $0 0.0% $1,000,000 5.1% 0.9900 $15,390,203 78.6%
CA-2007-008 James Woods Apartments $14,715,970 $682,000 4.6% $6,228,769 42.3% $175,000 1.2% 0.9500 $7,630,201 51.8%
CA-2007-009 Rosa Parks Villas $17,167,488 $1,927,486 11.2% $5,005,267 29.2% $254,940 1.5% 0.9899 $9,979,795 58.1%
CA-2007-011 Rayen Apartments $14,726,141 $0 0.0% $4,547,648 30.9% $81,750 0.6% 0.9400 $10,096,743 68.6%
CA-2007-019 The Ardmore $20,520,812 $2,850,000 13.9% $5,073,280 24.7% $985,844 4.8% 0.9890 $11,611,688 56.6%
CA-2007-023 Wysteria $23,591,215 $1,113,200 4.7% $5,835,947 24.7% $481,495 2.0% 0.9752 $16,160,573 68.5%
CA-2007-025 Bella Vista Apartments $10,214,757 $766,558 7.5% $1,310,000 12.8% $474,568 4.6% 0.9500 $7,663,631 75.0%
CA-2007-026 Washington Square III and Sherwood Court $11,329,431 $926,000 8.2% $2,436,000 21.5% $689,690 6.1% 0.9377 $7,277,741 64.2%
CA-2007-028 Mirage Vista Apartments $8,517,799 $1,632,525 19.2% $0 0.0% $450,553 5.3% 0.9500 $6,434,721 75.5%
CA-2007-033 Roosevelt Family Apartments $14,832,117 $3,077,463 20.7% $0 0.0% $713,602 4.8% 0.9500 $11,041,052 74.4%
CA-2007-038 Clinton Family Apartments $13,081,275 $1,816,444 13.9% $1,500,000 11.5% $391,067 3.0% 0.9500 $9,373,764 71.7%
CA-2007-040 La Entrada Family Housing $38,359,785 $4,560,743 11.9% $13,167,000 34.3% $1,232,042 3.2% 0.9700 $19,400,000 50.6%
CA-2007-043 The Fairways at San Antonio $31,055,438 $5,252,082 16.9% $7,679,570 24.7% $635,632 2.0% 0.8210 $17,488,154 56.3%
CA-2007-046 Manitou Vistas II $10,129,910 $1,760,000 17.4% $1,519,500 15.0% $80,000 0.8% 0.9599 $6,770,410 66.8%
CA-2007-049 Orion Gardens Apartments $14,129,832 $550,000 3.9% $5,425,520 38.4% $389,237 2.8% 0.9535 $7,765,075 55.0%
CA-2007-050 Tanager Springs II $23,636,000 $3,283,000 13.9% $2,600,000 11.0% $498,018 2.1% 0.9950 $17,254,982 73.0%
CA-2007-051 Jeffrey Lynne Neighborhood Revitalization Phase IV $13,628,800 $1,690,000 12.4% $5,200,000 38.2% $11,816 0.1% 1.0000 $6,726,984 49.4%
CA-2007-056 Alicante Apartments $16,327,791 $3,100,000 19.0% $0 0.0% $800,000 4.9% 0.9650 $12,427,791 76.1%
CA-2007-064 Richmond MacDonald Senior Apartments $17,316,580 $1,535,338 8.9% $3,175,000 18.3% $0 0.0% 0.9999 $12,606,242 72.8%
CA-2007-068 Oak Place Senior Villas $11,011,609 $2,430,826 22.1% $0 0.0% $972,125 8.8% 0.9300 $7,608,658 69.1%
CA-2007-073 Corcoran Family Apartments $13,139,125 $2,374,000 18.1% $0 0.0% $579,505 4.4% 0.9348 $10,185,620 77.5%
CA-2007-074 Harvard Avenue Apartments Phase II $6,848,357 $1,578,000 23.0% $0 0.0% $135,503 2.0% 0.9198 $5,134,854 75.0%
CA-2007-075 Cantabria Senior Apartments $31,117,211 $3,453,384 11.1% $9,061,160 29.1% $824,730 2.7% 1.0400 $17,777,937 57.1%
CA-2007-076 Petaluma Avenue Homes $16,794,970 $1,627,538 9.7% $3,785,000 22.5% $1,030,304 6.1% 0.9923 $10,352,128 61.6%
CA-2007-078 Summer Crest Apartment Homes $16,269,586 $3,047,000 18.7% $2,456,886 15.1% $665,000 4.1% 0.9750 $10,100,700 62.1%
CA-2007-082 Vista Dunes Courtyard Homes $11,598,542 $1,317,152 11.4% $0 0.0% $7,110,067 61.3% 0.9000 $3,171,323 27.3%
CA-2007-083 Monterey Street Apartments $20,887,552 $2,386,800 11.4% $3,975,000 19.0% $377,145 1.8% 0.9917 $14,148,607 67.7%
CA-2007-084 Hillview Ridge Apartments $18,630,126 $1,900,000 10.2% $1,900,000 10.2% $924,000 5.0% 0.8810 $13,906,126 74.6%
CA-2007-085 Ocean Breeze Apartments $7,958,036 $1,116,971 14.0% $3,120,000 39.2% $68,634 0.9% 0.9200 $3,652,431 45.9%
CA-2007-087 Panorama View Apartments $14,367,673 $3,484,000 24.2% $2,175,000 15.1% $659,283 4.6% 0.9749 $8,049,390 56.0%
CA-2007-088 St. Andrews Arms Apartments $8,348,488 $1,815,000 21.7% $1,075,000 12.9% $299,772 3.6% 0.9749 $5,158,716 61.8%
CA-2007-093 Lamont Village $13,643,882 $0 0.0% $3,000,000 22.0% $0 0.0% 0.8826 $10,643,882 78.0%
CA-2007-095 Village Park Senior Apartments $11,961,920 $1,150,000 9.6% $2,000,000 16.7% $931,690 7.8% 0.9699 $7,880,230 65.9%
CA-2007-098 Working Artists Ventura $37,928,116 $4,051,500 10.7% $11,092,799 29.2% $3,662,110 9.7% 0.9862 $19,121,707 50.4%
CA-2007-102 The Commons of Lancaster $9,698,725 $2,100,000 21.7% $0 0.0% $1,307,605 13.5% 1.0000 $6,291,120 64.9%
CA-2007-106 New Carver Apartments $29,001,661 $2,281,000 7.9% $7,000,000 24.1% $1,900,161 6.6% 1.0000 $17,820,500 61.4%
CA-2007-107 Fanoe Road $17,805,715 $3,263,907 18.3% $3,210,000 18.0% $193,892 1.1% 0.8968 $11,137,916 62.6%
CA-2007-111 Rittenhouse Square $27,700,769 $4,649,000 16.8% $6,483,872 23.4% $2,171,200 7.8% 1.0240 $14,396,697 52.0%
CA-2007-114 Los Vecinos $17,238,353 $1,577,368 9.2% $5,680,000 32.9% $544,683 3.2% 0.9800 $9,436,302 54.7%
CA-2007-115 Turk/Eddy Preservation Project $18,236,630 $3,412,700 18.7% $1,108,115 6.1% $405,000 2.2% 1.0174 $13,310,813 73.0%
CA-2007-116 Civic Center Residence $37,249,674 $0 0.0% $7,322,931 19.7% $5,677,070 15.2% 0.9699 $24,249,673 65.1%
CA-2007-117 Panorama Park Apartments $6,117,373 $1,200,000 19.6% $0 0.0% $1,081,084 17.7% 0.8999 $3,836,289 62.7%
CA-2007-120 Jack London Gateway Senior Housing $20,391,767 $1,943,700 9.5% $4,900,000 24.0% $1,283,415 6.3% 0.9435 $12,264,652 60.1%
1 of 2
Table A-8
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Financing Breakdown for 2007 9% Allocations
Total Current Current Deferred Govt Other Other Tax Investor
Development Payment Financing as Deferred Govt Financing as % Funding Funding as Credit Equity as %
TCAC # Project Name Cost (TDC) Financing % of TDC Financing of TDC Sources % of TDC Factor Investor Equity of TDC
CA-2007-121 San Remo Apartments $18,165,550 $1,885,165 10.4% $4,400,000 24.2% $328,505 1.8% 0.8800 $11,551,880 63.6%
CA-2007-123 Marymead Park Apartments $17,327,806 $2,356,000 13.6% $1,452,079 8.4% $1,876,615 10.8% 0.8828 $11,643,112 67.2%
CA-2007-127 Monterey Family Village $24,698,429 $7,710,049 31.2% $0 0.0% $1,580,672 6.4% 0.9500 $15,407,708 62.4%
CA-2007-129 Hidden Creek Apartments $15,776,926 $2,482,962 15.7% $0 0.0% $1,576,178 10.0% 0.9400 $11,717,786 74.3%
CA-2007-133 Imperial Gardens Family Apartments $18,264,569 $2,260,125 12.4% $0 0.0% $2,120,719 11.6% 0.8924 $13,883,725 76.0%
CA-2007-138 Villas de Amistad $18,459,396 $0 0.0% $7,824,000 42.4% $0 0.0% 0.9300 $10,635,396 57.6%
CA-2007-148 Glendale City Lights $37,974,087 $5,800,000 15.3% $9,794,087 25.8% $1,980,000 5.2% 1.0200 $20,400,000 53.7%
CA-2007-149 Tanager Springs I $26,250,000 $3,900,000 14.9% $2,100,000 8.0% $1,652,449 6.3% 1.0150 $18,597,551 70.8%
CA-2007-150 Harvard Circle $20,922,864 $3,212,000 15.4% $3,902,040 18.6% $2,150,000 10.3% 1.0200 $11,658,824 55.7%
CA-2007-153 The Mediterranean $13,960,508 $2,045,000 14.6% $1,841,000 13.2% $1,960,000 14.0% 1.0200 $8,114,508 58.1%
CA-2007-161 Homebase on G $7,624,421 $0 0.0% $600,000 7.9% $718,978 9.4% 0.9900 $6,305,443 82.7%
CA-2007-163 Linda Garden Apartments $29,994,421 $4,846,707 16.2% $12,776,406 42.6% $875,488 2.9% 1.0000 $11,495,820 38.3%
CA-2007-168 Broadway Mixed Use $11,137,579 $1,000,000 9.0% $2,829,000 25.4% $317,182 2.8% 0.9050 $6,991,397 62.8%
CA-2007-173 Manzanilla Terrace $16,944,876 $2,154,720 12.7% $0 0.0% $930,306 5.5% 0.9599 $13,859,850 81.8%
CA-2007-174 Oakhurst Apartments $14,165,729 $2,137,448 15.1% $0 0.0% $673,903 4.8% 0.9399 $11,354,378 80.2%
CA-2007-175 Palmdale Medical Center Senior Housing $15,267,999 $2,901,000 19.0% $1,750,000 11.5% $1,105,970 7.2% 0.9999 $9,511,029 62.3%
CA-2007-176 Brookfield Place Apartments $12,434,795 $4,141,288 33.3% $0 0.0% $242,150 1.9% 0.9800 $8,051,357 64.7%
CA-2007-179 Los Vientos $31,438,112 $4,880,803 15.5% $8,298,000 26.4% $280,000 0.9% 0.9650 $17,979,309 57.2%
CA-2007-181 Rosewood Gardens $19,697,970 $2,072,641 10.5% $3,907,440 19.8% $2,906,375 14.8% 0.9761 $10,793,514 54.8%
CA-2007-184 Seasons II Senior Apartments $15,227,287 $1,985,565 13.0% $4,900,000 32.2% $600,004 3.9% 0.9700 $7,741,718 50.8%
CA-2007-185 Oak Grove Terrace $10,875,622 $2,396,907 22.0% $0 0.0% $364,665 3.4% 0.9499 $8,114,050 74.6%
CA-2007-186 Seven Maples $18,630,898 $1,648,128 8.8% $4,724,520 25.4% $1,088,214 5.8% 0.9751 $11,170,036 60.0%
CA-2007-188 Woodlake Family Apartments $15,133,354 $2,007,385 13.3% $0 0.0% $1,169,967 7.7% 0.9399 $11,956,002 79.0%
CA-2007-191 Asturias Senior Apartments $29,021,538 $3,827,173 13.2% $7,937,840 27.4% $1,424,173 4.9% 1.0500 $15,832,352 54.6%
CA-2007-192 Gateway Village $13,106,079 $1,050,000 8.0% $1,975,000 15.1% $0 0.0% 0.9199 $10,081,079 76.9%
CA-2007-197 Rosamond Family Apartments $20,456,026 $2,030,325 9.9% $700,000 3.4% $1,122,206 5.5% 0.9399 $16,603,495 81.2%
CA-2007-198 Two Worlds Apartments $20,319,146 $3,900,000 19.2% $3,225,000 15.9% $660,721 3.3% 1.0099 $12,533,425 61.7%
Total $1,270,093,191 $166,514,076 $234,985,676 $71,854,672 $796,720,765
Average 13.5% 16.4% 5.9% 64.2%
Weighted Average $18,144,188 $2,378,773 13.1% $3,356,938 18.5% $1,026,495 5.7% $11,381,725 62.7%
2 of 2
APPENDIX B
2007 4% PROGRAM ALLOCATION INFORMATION
25
Table B-1
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations By County
% of Total % of Total Low
Number of Total Federal Federal Total State State Total Income
County Projects Allocation Allocation Allocation Allocation Units Units
Alameda 5 $59,836,730 6.4% $0 0.0% 964 428
Alpine 0 $0 0.0% $0 0.0% 0 0
Amador 0 $0 0.0% $0 0.0% 0 0
Butte 1 $2,892,750 0.3% $0 0.0% 88 86
Calaveras 0 $0 0.0% $0 0.0% 0 0
Colusa 0 $0 0.0% $0 0.0% 0 0
Contra Costa 5 $71,096,520 7.6% $0 0.0% 791 784
Del Norte 0 $0 0.0% $0 0.0% 0 0
El Dorado 0 $0 0.0% $0 0.0% 0 0
Fresno 3 $9,048,950 1.0% $2,173,295 8.6% 301 296
Glenn 0 $0 0.0% $0 0.0% 0 0
Humboldt 2 $4,401,680 0.5% $0 0.0% 100 99
Imperial 1 $4,946,730 0.5% $1,766,776 7.0% 72 71
Inyo 0 $0 0.0% $0 0.0% 0 0
Kern 3 $17,836,730 1.9% $2,000,000 7.9% 222 219
Kings 0 $0 0.0% $0 0.0% 0 0
Lake 0 $0 0.0% $0 0.0% 0 0
Lassen 1 $1,795,250 0.2% $0 0.0% 54 53
Los Angeles 14 $125,710,360 13.5% $0 0.0% 2,171 1,946
Madera 1 $2,607,360 0.3% $0 0.0% 76 76
Marin 1 $3,691,490 0.4% $1,333,037 5.2% 24 23
Mariposa 0 $0 0.0% $0 0.0% 0 0
Mendocino 3 $8,452,630 0.9% $0 0.0% 98 97
Merced 1 $8,631,140 0.9% $3,116,801 12.3% 105 103
Modoc 1 $2,157,410 0.2% $0 0.0% 48 47
Mono 1 $6,639,200 0.7% $0 0.0% 48 47
Monterey 1 $10,169,990 1.1% $0 0.0% 70 69
Napa 0 $0 0.0% $0 0.0% 0 0
Nevada 1 $5,197,290 0.6% $0 0.0% 32 31
Orange 5 $39,660,290 4.3% $0 0.0% 512 507
Placer 3 $28,131,010 3.0% $0 0.0% 516 510
Plumas 0 $0 0.0% $0 0.0% 0 0
Riverside 4 $43,988,920 4.7% $11,102,213 43.7% 496 493
Sacramento 12 $100,571,770 10.8% $0 0.0% 2,170 2,156
San Benito 0 $0 0.0% $0 0.0% 0 0
San Bernardino 3 $9,991,490 1.1% $1,846,930 7.3% 160 150
San Diego 13 $103,619,350 11.1% $0 0.0% 1,465 1,423
San Francisco 5 $80,282,610 8.6% $0 0.0% 542 539
San Joaquin 2 $7,463,440 0.8% $0 0.0% 133 131
San Luis Obispo 2 $5,745,870 0.6% $0 0.0% 48 47
San Mateo 0 $0 0.0% $0 0.0% 0 0
Santa Barbara 2 $14,193,710 1.5% $0 0.0% 256 253
Santa Clara 6 $54,170,670 5.8% $0 0.0% 788 783
Santa Cruz 1 $15,191,180 1.6% $0 0.0% 100 99
Shasta 1 $1,648,880 0.2% $0 0.0% 38 37
Sierra 0 $0 0.0% $0 0.0% 0 0
Siskiyou 0 $0 0.0% $0 0.0% 0 0
Solano 1 $1,715,380 0.2% $0 0.0% 24 23
Sonoma 5 $26,625,290 2.9% $0 0.0% 257 236
Stanislaus 0 $0 0.0% $0 0.0% 0 0
Sutter 0 $0 0.0% $0 0.0% 0 0
Tehama 1 $4,237,320 0.5% $0 0.0% 48 47
Trinity 0 $0 0.0% $0 0.0% 0 0
Tulare 3 $7,618,110 0.8% $2,056,589 8.1% 342 334
Tuolumne 0 $0 0.0% $0 0.0% 0 0
Ventura 4 $34,578,510 3.7% $0 0.0% 438 433
Yolo 1 $7,185,170 0.8% $0 0.0% 120 119
Yuba 0 $0 0.0% $0 0.0% 0 0
Statewide 119 $931,731,180 100.0% $25,395,641 100.0% 13,717 12,795
Table B-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations by Assembly District
% of Total Low
Assembly Total Federal Federal Total State % of Total State Total Income
District Projects Allocation Allocation Allocation Allocation Units Units
1 6 $14,693,140 1.6% $0 0.0% 252 233
2 3 $8,995,840 1.0% $0 0.0% 136 134
3 3 $9,885,290 1.1% $0 0.0% 174 170
4 3 $28,131,010 3.0% $0 0.0% 516 510
5 6 $55,115,380 5.9% $0 0.0% 1,213 1,207
6 3 $14,907,700 1.6% $1,333,037 5.2% 106 103
7 4 $25,105,610 2.7% $0 0.0% 333 327
8 2 $8,900,550 1.0% $0 0.0% 144 142
9 4 $24,055,960 2.6% $0 0.0% 638 633
10 1 $3,336,840 0.4% $0 0.0% 97 96
11 2 $18,920,370 2.0% $0 0.0% 199 197
12 1 $10,169,990 1.1% $0 0.0% 70 69
13 5 $80,282,610 8.6% $0 0.0% 542 539
14 1 $39,688,560 4.3% $0 0.0% 378 376
15 1 $18,063,590 1.9% $0 0.0% 222 220
16 5 $56,396,250 6.1% $161,846 0.6% 927 391
17 2 $11,453,090 1.2% $3,116,801 12.3% 193 190
18 1 $4,664,550 0.5% $0 0.0% 81 80
19 0 $0 0.0% $0 0.0% 0 0
20 0 $0 0.0% $0 0.0% 0 0
21 0 $0 0.0% $0 0.0% 0 0
22 0 $0 0.0% $0 0.0% 0 0
23 2 $26,441,290 2.8% $0 0.0% 261 259
24 4 $27,729,380 3.0% $0 0.0% 527 524
25 1 $6,639,200 0.7% $0 0.0% 48 47
26 1 $4,641,490 0.5% $0 0.0% 45 44
27 1 $15,191,180 1.6% $0 0.0% 100 99
28 0 $0 0.0% $0 0.0% 0 0
29 1 $2,607,360 0.3% $0 0.0% 76 76
30 4 $20,644,400 2.2% $4,173,295 16.4% 370 364
31 1 $3,030,590 0.3% $0 0.0% 65 64
32 1 $3,210,690 0.3% $0 0.0% 88 87
33 3 $17,566,530 1.9% $0 0.0% 284 281
34 2 $6,394,040 0.7% $1,894,743 7.5% 298 291
35 3 $21,705,650 2.3% $0 0.0% 160 157
36 0 $0 0.0% $0 0.0% 0 0
37 2 $15,245,910 1.6% $0 0.0% 298 295
38 1 $5,691,470 0.6% $0 0.0% 82 81
39 0 $0 0.0% $0 0.0% 0 0
40 0 $0 0.0% $0 0.0% 0 0
41 0 $0 0.0% $0 0.0% 0 0
42 0 $0 0.0% $0 0.0% 0 0
43 0 $0 0.0% $0 0.0% 0 0
44 0 $0 0.0% $0 0.0% 0 0
45 1 $10,198,040 1.1% $0 0.0% 58 58
46 6 $68,685,600 7.4% $0 0.0% 1,320 1,132
1 of 2
Table B-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations by Assembly District
% of Total Low
Assembly Total Federal Federal Total State % of Total State Total Income
District Projects Allocation Allocation Allocation Allocation Units Units
47 1 $7,019,870 0.8% $0 0.0% 55 54
48 2 $10,530,010 1.1% $0 0.0% 221 219
49 0 $0 0.0% $0 0.0% 0 0
50 0 $0 0.0% $0 0.0% 0 0
51 0 $0 0.0% $0 0.0% 0 0
52 1 $5,360,920 0.6% $0 0.0% 130 100
53 0 $0 0.0% $0 0.0% 0 0
54 1 $8,241,690 0.9% $0 0.0% 180 178
55 0 $0 0.0% $0 0.0% 0 0
56 0 $0 0.0% $0 0.0% 0 0
57 0 $0 0.0% $0 0.0% 0 0
58 1 $9,982,760 1.1% $0 0.0% 125 124
59 0 $0 0.0% $0 0.0% 0 0
60 0 $0 0.0% $0 0.0% 0 0
61 0 $0 0.0% $0 0.0% 0 0
62 0 $0 0.0% $0 0.0% 0 0
63 2 $8,425,490 0.9% $1,846,930 7.3% 112 103
64 1 $4,004,590 0.4% $0 0.0% 112 112
65 1 $1,566,000 0.2% $0 0.0% 48 47
66 1 $7,328,630 0.8% $0 0.0% 44 43
67 0 $0 0.0% $0 0.0% 0 0
68 0 $0 0.0% $0 0.0% 0 0
69 1 $8,199,130 0.9% $0 0.0% 144 143
70 1 $11,317,720 1.2% $0 0.0% 71 71
71 1 $3,913,330 0.4% $0 0.0% 86 86
72 3 $20,143,440 2.2% $0 0.0% 297 293
73 1 $2,154,520 0.2% $0 0.0% 36 35
74 1 $9,473,970 1.0% $0 0.0% 78 77
75 0 $0 0.0% $0 0.0% 0 0
76 2 $15,906,520 1.7% $0 0.0% 101 99
77 1 $7,479,540 0.8% $0 0.0% 144 142
78 3 $19,015,490 2.0% $0 0.0% 248 244
79 4 $42,260,680 4.5% $0 0.0% 814 783
80 3 $41,017,730 4.4% $12,868,989 50.7% 370 366
Statewide 119 $931,731,180 100.0% $25,395,641 100.0% 13,717 12,795
2 of 2
Table B-3
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations by Senate District
% of Total % of State Low
Senate Total Federal Federal Total State Federal Total Income
District Projects Allocation Allocation Allocation Allocation Units Units
1 8 $64,569,090 6.9% $0 0.0% 971 960
2 8 $27,311,160 2.9% $0 0.0% 371 349
3 8 $95,190,310 10.2% $1,333,037 5.2% 648 642
4 4 $9,666,420 1.0% $0 0.0% 206 201
5 4 $16,363,990 1.8% $0 0.0% 277 273
6 10 $79,987,600 8.6% $0 0.0% 1,867 1,856
7 2 $18,920,370 2.0% $0 0.0% 199 197
8 0 $0 0.0% $0 0.0% 0 0
9 5 $94,860,740 10.2% $0 0.0% 1,261 724
10 1 $4,664,550 0.5% $0 0.0% 81 80
11 5 $36,191,890 3.9% $0 0.0% 559 554
12 2 $11,238,500 1.2% $3,116,801 12.3% 181 179
13 4 $45,657,550 4.9% $0 0.0% 543 539
14 0 $0 0.0% $0 0.0% 0 0
15 3 $17,566,530 1.9% $0 0.0% 284 281
16 5 $23,674,990 2.5% $4,173,295 16.4% 435 428
17 2 $9,705,980 1.0% $0 0.0% 232 229
18 4 $0 0.0% $1,894,743 7.5% 434 425
19 2 $11,170,730 1.2% $0 0.0% 168 166
20 0 $13,604,450 1.5% $0 0.0% 0 0
21 0 $0 0.0% $0 0.0% 0 0
22 7 $78,883,640 8.5% $0 0.0% 1,378 1,190
23 2 $19,332,600 2.1% $0 0.0% 140 138
24 0 $0 0.0% $0 0.0% 0 0
25 0 $0 0.0% $0 0.0% 0 0
26 3 $17,549,880 1.9% $0 0.0% 276 273
27 0 $0 0.0% $0 0.0% 0 0
28 2 $18,411,680 2.0% $0 0.0% 250 247
29 1 $6,116,370 0.7% $0 0.0% 92 91
30 2 $15,343,680 1.6% $0 0.0% 255 224
31 3 $12,430,080 1.3% $1,846,930 7.3% 224 215
32 0 $0 0.0% $0 0.0% 0 0
33 0 $0 0.0% $0 0.0% 0 0
34 4 $23,450,270 2.5% $161,846 0.6% 393 388
35 1 $11,317,720 1.2% $0 0.0% 71 71
36 2 $14,808,170 1.6% $0 0.0% 188 185
37 2 $34,657,920 3.7% $11,102,213 43.7% 304 302
38 2 $11,628,490 1.2% $0 0.0% 114 112
39 5 $35,057,950 3.8% $0 0.0% 525 519
40 6 $52,397,880 5.6% $1,766,776 7.0% 790 757
Statewide 119 $931,731,180 100.0% $25,395,641 100.0% 13,717 12,795
Table B-4
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations by Congressional District
Total % of Total % of Total Low
Congressional Federal Federal Total State State Total Income
District Projects Allocation Allocation Allocation Allocation Units Units
1 7 $22,830,540 2.5% $0 0.0% 374 355
2 3 $8,778,950 0.9% $0 0.0% 174 170
3 4 $40,264,200 4.3% $0 0.0% 819 814
4 6 $37,280,960 4.0% $0 0.0% 650 641
5 8 $60,307,570 6.5% $0 0.0% 1,351 1,342
6 5 $27,525,720 3.0% $1,333,037 5.2% 225 219
7 4 $63,061,200 6.8% $0 0.0% 655 649
8 5 $80,282,610 8.6% $0 0.0% 542 539
9 3 $47,437,400 5.1% $0 0.0% 844 310
10 2 $9,750,700 1.0% $0 0.0% 160 158
11 2 $7,463,440 0.8% $0 0.0% 133 131
12 0 $0 0.0% $0 0.0% 0 0
13 2 $12,399,330 1.3% $0 0.0% 120 118
14 0 $0 0.0% $0 0.0% 0 0
15 2 $12,475,800 1.3% $0 0.0% 196 194
16 4 $41,694,870 4.5% $0 0.0% 592 589
17 2 $25,361,170 2.7% $0 0.0% 170 168
18 1 $8,631,140 0.9% $3,116,801 12.3% 105 103
19 1 $2,607,360 0.3% $0 0.0% 76 76
20 4 $19,929,900 2.1% $2,820,902 11.1% 263 260
21 4 $11,363,200 1.2% $3,408,982 13.4% 514 502
22 2 $5,088,440 0.5% $0 0.0% 107 106
23 3 $18,061,830 1.9% $0 0.0% 285 281
24 4 $34,578,510 3.7% $0 0.0% 438 433
25 1 $6,639,200 0.7% $0 0.0% 48 47
26 1 $3,310,920 0.4% $0 0.0% 40 32
27 1 $5,691,470 0.6% $0 0.0% 82 81
28 0 $0 0.0% $0 0.0% 0 0
29 0 $0 0.0% $0 0.0% 0 0
30 1 $18,928,240 2.0% $0 0.0% 261 261
31 2 $18,847,420 2.0% $0 0.0% 241 240
32 0 $0 0.0% $0 0.0% 0 0
33 3 $17,549,880 1.9% $0 0.0% 276 273
34 5 $51,090,740 5.5% $0 0.0% 1,001 813
35 1 $5,360,920 0.6% $0 0.0% 130 100
36 1 $8,241,690 0.9% $0 0.0% 180 178
37 0 $0 0.0% $0 0.0% 0 0
38 0 $0 0.0% $0 0.0% 0 0
39 1 $6,116,370 0.7% $0 0.0% 92 91
40 1 $12,177,850 1.3% $0 0.0% 268 267
1 of 2
Table B-4
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations by Congressional District
Total % of Total % of Total Low
Congressional Federal Federal Total State State Total Income
District Projects Allocation Allocation Allocation Allocation Units Units
41 2 $6,680,570 0.7% $1,846,930 7.3% 120 118
42 0 $0 0.0% $0 0.0% 0 0
43 0 $0 0.0% $0 0.0% 0 0
44 2 $7,917,920 0.8% $0 0.0% 198 198
45 2 $36,071,000 3.9% $11,102,213 43.7% 298 295
46 0 $0 0.0% $0 0.0% 0 0
47 3 $22,226,200 2.4% $0 0.0% 349 345
48 1 $11,317,720 1.2% $0 0.0% 71 71
49 2 $9,483,150 1.0% $0 0.0% 80 78
50 1 $9,473,970 1.0% $0 0.0% 78 77
51 5 $49,725,300 5.3% $1,766,776 7.0% 786 752
52 1 $7,479,540 0.8% $0 0.0% 144 142
53 4 $20,226,270 2.2% $0 0.0% 181 178
Statewide 119 $931,731,180 100.0% $25,395,641 100.0% 13,717 12,795
2 of 2
Table B-5
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations By Application Number
Low
Construction Total Income Total Federal Total State Congress. Assembly Senate
TCAC # Project Name Type Units Units Allocation Allocation City County District District District
CA-2007-800 9th and Jessie Senior Housing NC 107 106 $14,131,290 $0 San Francisco San Francisco 8 13 3
CA-2007-801 10th and Mission Family Housing NC 136 135 $24,229,010 $0 San Francisco San Francisco 8 13 3
CA-2007-802 Morgan Place NC 55 54 $7,019,870 $0 Los Angeles Los Angeles 33 47 26
CA-2007-803 Arnett Watson Apartments NC 83 83 $10,960,650 $0 San Francisco San Francisco 8 13 3
CA-2007-804 Villa Gardenias Senior Apartments NC 125 124 $9,982,760 $0 Los Angeles Los Angeles 34 58 30
CA-2007-805 Queen Apartments RC 96 94 $6,043,060 $0 Los Angeles Los Angeles 33 48 26
CA-2007-806 The Rivers Senior Project NC 120 119 $7,185,170 $0 West Sacramento Yolo 1 8 5
CA-2007-807 Mariposa Place Apartments NC 58 58 $10,198,040 $0 Los Angeles Los Angeles 31 45 22
CA-2007-808 San Pedro Apartments NC 230 46 $5,303,220 $0 Los Angeles Los Angeles 34 46 22
CA-2007-809 Point Natomas Apartments RC 337 337 $12,202,680 $0 Sacramento Sacramento 3 9 6
CA-2007-810 Uptown Apartments NC 665 133 $16,541,580 $0 Oakland Alameda 9 16 9
CA-2007-812 Cape Cod Senior Villas RC 36 35 $2,154,520 $0 Oceanside San Diego 49 73 38
CA-2007-813 Lexington Green Apartments RC 144 142 $7,479,540 $0 El Cajon San Diego 52 77 36
CA-2007-814 The Shadows Apartments RC 148 147 $11,231,400 $0 Thousand Oaks Ventura 24 37 19
CA-2007-815 Coventry Place Apartments RC 88 87 $3,210,690 $0 Bakersfield Kern 22 32 18
CA-2007-816 Wilshire & Minnie Apartments RC 144 143 $8,199,130 $0 Santa Ana Orange 47 69 34
CA-2007-817 Citrus Manor Apartments RC 54 53 $1,795,250 $0 Susanville Lassen 4 3 1
CA-2007-818 Bristol Apartments RC 24 23 $1,715,380 $0 Fairfield Solano 10 8 5
CA-2007-819 Colgan Meadows NC 84 82 $10,506,250 $0 Santa Rosa Sonoma 6 7 2
CA-2007-820 Vida Nueva NC 24 23 $3,329,320 $0 Rohnert Park Sonoma 6 6 3
CA-2007-821 Eureka Family Housing RC 50 50 $3,109,640 $0 Eureka Humboldt 1 2 1
CA-2007-822 Granite Court NC 71 71 $11,317,720 $0 Irvine Orange 48 70 35
CA-2007-823 Santa Paulan Apartments RC 150 148 $4,014,510 $0 Santa Paula Ventura 24 37 17
CA-2007-824 Ukiah Terrace Apartments RC 41 40 $1,867,770 $0 Ukiah Mendocino 1 1 2
CA-2007-825 The Highlands Apartments RC 88 86 $2,892,750 $0 Oroville Butte 2 3 4
CA-2007-826 Crescent Park Apartments RC 378 376 $39,688,560 $0 Richmond Contra Costa 7 14 9
CA-2007-827 Casa Feliz Studios NC 60 60 $6,518,540 $0 San Jose Santa Clara 16 23 13
CA-2007-828 Fresno Portfolio RC 172 168 $3,745,090 $1,352,393 Riverdale Fresno 21 30 16
CA-2007-829 Tulare Portfolio RC 250 244 $5,246,980 $1,894,743 Tulare Tulare 21 34 18
CA-2007-831 Almond Tree Village NC 261 261 $18,928,240 $0 Los Angeles Los Angeles 30 46 22
CA-2007-832 Breckenridge Village Apartments RC 160 158 $6,790,300 $0 Sacramento Sacramento 5 9 6
CA-2007-833 Fox Courts NC 80 79 $14,824,580 $0 Oakland Alameda 9 16 9
CA-2007-834 Oak Park Senior Villas NC 65 64 $3,030,590 $0 Fresno Fresno 20 31 16
CA-2007-835 Tanner Artist Lofts NC 100 99 $15,191,180 $0 Santa Cruz Santa Cruz 17 27 11
CA-2007-836 Riverstone Apartments RC 136 135 $8,035,320 $0 Antioch Contra Costa 10 11 7
CA-2007-837 Lachen Tara Apartments NC 29 28 $3,868,120 $0 Avila Beach San Luis Obispo 23 33 15
CA-2007-838 Paseo Del Rio NC 86 85 $10,961,290 $0 Oxnard Ventura 24 35 23
CA-2007-839 Paseo Santa Clara NC 54 53 $8,371,310 $0 Oxnard Ventura 24 35 23
CA-2007-840 Ardenaire Apartments RC 53 52 $4,215,080 $0 Sacramento Sacramento 5 5 6
CA-2007-841 HDR I & II Portfolio RC 125 125 $4,486,950 $0 Los Angeles Los Angeles 33 48 26
CA-2007-842 Casa Grande Senior Apartments NC 58 57 $7,886,890 $0 Petaluma Sonoma 6 6 3
CA-2007-844 Heritage Park Apartments RC 86 86 $3,913,330 $0 Norco Riverside 44 71 37
1 of 3
Table B-5
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations By Application Number
Low
Construction Total Income Total Federal Total State Congress. Assembly Senate
TCAC # Project Name Type Units Units Allocation Allocation City County District District District
CA-2007-845 Springbrook Grove NC 44 43 $7,328,630 $0 Fallbrook San Diego 49 66 36
CA-2007-846 Alderbrook Heights Apartments NC 56 40 $2,791,060 $0 Santa Rosa Sonoma 1 1 2
CA-2007-847 Westminster Park Plaza RC 130 100 $5,360,920 $0 Los Angeles Los Angeles 35 52 30
CA-2007-849 14th Street Apartments at Central Station NC 99 98 $16,071,240 $0 Oakland Alameda 9 16 9
CA-2007-850 Yosemite Manor RC 76 76 $2,607,360 $0 Madera Madera 19 29 12
CA-2007-851 Clara Court Apartments NC 32 32 $3,484,100 $0 Ukiah Mendocino 1 1 2
CA-2007-852 Asbury Place RC 104 103 $2,872,580 $0 Sacramento Sacramento 5 5 6
CA-2007-853 Oak Ridge Senior Apartments RC 35 34 $2,111,770 $0 Unincorporated Area Sonoma 6 7 2
CA-2007-854 Redwood Villa RC 92 90 $4,592,600 $0 San Diego San Diego 51 78 39
CA-2007-855 Frishman Hollow NC 32 31 $5,197,290 $0 Truckee Nevada 4 3 1
CA-2007-856 Salado Orchard Apartments NC 48 47 $4,237,320 $0 Corning Tehama 2 2 4
CA-2007-857 Villa Nueva Apartments RC 398 395 $25,484,750 $0 San Ysidro San Diego 51 79 40
CA-2007-858 Windsor Park Apartments RC 139 137 $8,698,350 $0 Concord Contra Costa 7 7 11
CA-2007-859 Cherry Creek Apartments RC 130 129 $8,453,480 $0 San Jose Santa Clara 15 24 13
CA-2007-860 College Manor Apartments RC 32 31 $887,470 $0 Rocklin Placer 4 4 4
CA-2007-861 125 Mason Street NC 81 81 $17,155,580 $0 San Francisco San Francisco 8 13 3
CA-2007-862 Logan Park Apartments RC 661 661 $25,243,210 $0 Sacramento Sacramento 5 5 6
CA-2007-863 The Majestic RC 81 80 $4,664,550 $0 Hayward Alameda 13 18 10
CA-2007-864 The Vizcaya Apartments RC 236 234 $11,820,660 $0 Santa Maria Santa Barbara 23 33 15
CA-2007-865 Horizons at Indio NC 80 79 $5,326,410 $0 Indio Riverside 45 80 40
CA-2007-866 Murray Apartments RC 50 49 $1,292,040 $0 McKinleyville Humboldt 1 1 2
CA-2007-867 Parkview RC 97 96 $3,336,840 $0 Sacramento Sacramento 5 10 6
CA-2007-868 The Rosslyn Lofts RC 259 259 $17,390,710 $0 Los Angeles Los Angeles 34 46 22
CA-2007-869 Seasons NC 222 220 $18,063,590 $0 Elk Grove Sacramento 3 15 1
CA-2007-870 Huron Plaza RC 64 64 $2,273,270 $820,902 Huron Fresno 20 30 16
CA-2007-871 La Quinta Dune Palms Apartments NC 218 216 $30,744,590 $11,102,213 La Quinta Riverside 45 80 37
CA-2007-872 Woodlake Manor RC 44 43 $1,224,070 $161,846 Woodlake Tulare 21 16 34
CA-2007-873 Calipatria Family Apartments NC 72 71 $4,946,730 $1,766,776 Calipatria Imperial 51 80 40
CA-2007-874 Coy D. Estes Senior Apartments II NC 72 71 $5,114,570 $1,846,930 Upland San Bernardino 41 63 31
CA-2007-875 Los Banos Family Apartments NC 105 103 $8,631,140 $3,116,801 Los Banos Merced 18 17 12
CA-2007-876 Drake's Way Apartments NC 24 23 $3,691,490 $1,333,037 Larkspur Marin 6 6 3
CA-2007-877 Tracy Garden Village Apartments RC 88 87 $2,821,950 $0 Tracy San Joaquin 11 17 5
CA-2007-878 Alturas Meadows Apartments RC 48 47 $2,157,410 $0 Alturas Modoc 4 1 2
CA-2007-879 Cedarwood Apartments RC 38 37 $1,648,880 $0 Fall River Mills Shasta 2 2 4
CA-2007-880 Descanso Place NC 54 53 $7,126,800 $0 Bakersfield Kern 20 30 16
CA-2007-881 Benito Street Affordable Housing Community NC 70 69 $10,169,990 $0 Soledad Monterey 17 12 28
CA-2007-882 275 10th Street Supportive Housing NC 135 134 $13,806,080 $0 San Francisco San Francisco 8 13 3
CA-2007-883 Imperial Park Apartments RC 92 91 $6,116,370 $0 Brea Orange 39 72 29
CA-2007-884 Mercy Village Folsom RC 81 80 $2,520,580 $0 Folsom Sacramento 3 5 1
CA-2007-885 Natomas Family Apartments NC 135 134 $12,786,580 $0 Sacramento Sacramento 5 5 6
CA-2007-886 The Landings NC 92 91 $12,041,910 $0 Chula Vista San Diego 51 78 40
CA-2007-887 Glen Ridge Apartments NC 78 77 $9,473,970 $0 Carlsbad San Diego 50 74 38
2 of 3
Table B-5
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Allocations By Application Number
Low
Construction Total Income Total Federal Total State Congress. Assembly Senate
TCAC # Project Name Type Units Units Allocation Allocation City County District District District
CA-2007-888 Diamond Aisle Apartments NC 25 24 $3,908,050 $0 Anaheim Orange 47 72 34
CA-2007-889 Parkview Apartments RC 20 19 $2,373,050 $0 Goleta Santa Barbara 23 35 19
CA-2007-890 Colina Park North Apartments RC 64 63 $2,380,980 $0 San Diego San Diego 53 78 39
CA-2007-891 Twentynine Palms Apartments RC 48 47 $1,566,000 $0 Twentynine Palms San Bernardino 41 65 18
CA-2007-892 J.E. Wall Victoria Manor RC 112 112 $4,004,590 $0 Riverside Riverside 44 64 31
CA-2007-893 Curtner Studios RC 179 179 $4,490,800 $0 San Jose Santa Clara 16 24 11
CA-2007-894 Oxford Terrace Apartments RC 132 105 $2,659,310 $0 Chula Vista San Diego 51 79 40
CA-2007-895 La Vista Apartments RC 75 74 $3,789,240 $0 Concord Contra Costa 7 7 11
CA-2007-896 Casa De Las Hermanitas RC 88 87 $3,151,560 $0 Los Angeles Los Angeles 34 46 22
CA-2007-897 Ridgewood/La Loma RC 75 73 $2,685,490 $0 Sacramento Sacramento 5 9 6
CA-2007-898 Van Nuys Apartments RC 299 297 $15,262,490 $0 Los Angeles Los Angeles 34 46 22
CA-2007-899 Parkside Terrace NC 77 76 $11,447,820 $0 San Diego San Diego 53 76 39
CA-2007-900 Shinsei Gardens NC 39 38 $7,734,780 $0 Alameda Alameda 13 16 9
CA-2007-901 525 Orange RC 16 16 $1,938,770 $0 Coronado San Diego 53 79 40
CA-2007-902 Boulevard Apartments NC 24 23 $4,458,700 $0 San Diego San Diego 53 76 39
CA-2007-903 East Leland Family Housing NC 63 62 $10,885,050 $0 Pittsburg Contra Costa 7 11 7
CA-2007-904 East Rancho Verde Apartments NC 40 32 $3,310,920 $0 Rancho Cucamonga San Bernardino 26 63 31
CA-2007-905 Belage Manor Apartments RC 180 178 $10,119,020 $0 Anaheim Orange 47 72 34
CA-2007-906 Bakersfield Family Apartments NC 80 79 $7,499,240 $2,000,000 Bakersfield Kern 20 30 16
CA-2007-907 MacArthur Park Towers RC 183 182 $8,649,380 $0 Los Angeles Los Angeles 31 46 22
CA-2007-908 Harbor Towers RC 180 178 $8,241,690 $0 San Pedro Los Angeles 36 54 28
CA-2007-909 Heritage Park Apartments RC 328 325 $15,570,480 $0 Roseville Placer 4 4 1
CA-2007-910 Villa Monterey Apartments RC 45 44 $4,641,490 $0 Stockton San Joaquin 11 26 5
CA-2007-911 Holly Ranch Village NC 25 25 $3,100,760 $0 Fort Bragg Mendocino 1 1 2
CA-2007-912 The Siena Apartments NC 156 154 $11,673,060 $0 Roseville Placer 4 4 1
CA-2007-913 Bay Vista Methodist Heights RC 268 267 $12,177,850 $0 San Diego San Diego 40 79 39
CA-2007-914 Rio Linda Apartments RC 66 65 $2,377,490 $0 Sacramento Sacramento 5 9 6
CA-2007-915 Almaden 1930 Apartments RC 152 151 $10,762,780 $0 San Jose Santa Clara 16 24 13
CA-2007-916 David Avenue Apartments RC 66 65 $4,022,320 $0 San Jose Santa Clara 15 24 11
CA-2007-917 Atascadero Senior Apartments NC 19 19 $1,877,750 $0 Atascadero San Luis Obispo 22 33 15
CA-2007-919 Fairgrounds Senior Housing Apartments NC 201 199 $19,922,750 $0 San Jose Santa Clara 16 23 13
CA-2007-920 Burns Manor RC 82 81 $5,691,470 $0 Sunland Los Angeles 27 38 17
CA-2007-921 Village Grove RC 48 47 $1,147,060 $0 Farmersville Tulare 21 34 18
CA-2007-922 Arborelle Apartments RC 179 177 $7,477,350 $0 Citrus Heights Sacramento 3 5 6
CA-2007-923 Aspen Village at Mammoth Creek NC 48 47 $6,639,200 $0 Mammoth Lakes Mono 25 25 1
Total of 119 Projects 13,717 12,795 $931,731,180 $25,395,641
3 of 3
Table B-6
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
Alameda
CA-2007-810 Uptown Apartments 133 $16,541,580 $0 Oakland Alameda Non-Targeted
CA-2007-833 Fox Courts 79 14,824,580 0 Oakland Alameda Large Family
CA-2007-849 14th Street Apartments at Central Station 98 16,071,240 0 Oakland Alameda Large Family
CA-2007-863 The Majestic 80 4,664,550 0 Hayward Alameda Non-Targeted
CA-2007-900 Shinsei Gardens 38 7,734,780 0 Alameda Alameda Large Family
Total of 5 Projects 428 $59,836,730 $0
Butte
CA-2007-825 The Highlands Apartments 86 $2,892,750 $0 Oroville Butte Non-Targeted
Total of 1 Project 86 $2,892,750 $0
Contra Costa
CA-2007-826 Crescent Park Apartments 376 $39,688,560 $0 Richmond Contra Costa Large Family
CA-2007-836 Riverstone Apartments 135 8,035,320 0 Antioch Contra Costa Large Family
CA-2007-858 Windsor Park Apartments 137 8,698,350 0 Concord Contra Costa Non-Targeted
CA-2007-895 La Vista Apartments 74 3,789,240 0 Concord Contra Costa Large Family
CA-2007-903 East Leland Family Housing 62 10,885,050 0 Pittsburg Contra Costa Large Family
Total of 5 Projects 784 $71,096,520 $0
Fresno
CA-2007-828 Fresno Portfolio 168 $3,745,090 $1,352,393 Riverdale, Fowler, Selma Fresno Non-Targeted
CA-2007-834 Oak Park Senior Villas 64 3,030,590 0 Fresno Fresno Senior
CA-2007-870 Huron Plaza 64 2,273,270 820,902 Huron Fresno Large Family
Total of 3 Projects 296 $9,048,950 $2,173,295
Humboldt
CA-2007-821 Eureka Family Housing 50 $3,109,640 $0 Eureka Humboldt Non-Targeted
CA-2007-866 Murray Apartments 49 1,292,040 0 McKinleyville Humboldt Non-Targeted
Total of 2 Projects 99 $4,401,680 $0
Imperial
CA-2007-873 Calipatria Family Apartments 71 $4,946,730 $1,766,776 Calipatria Imperial Large Family
Total of 1 Project 71 $4,946,730 $1,766,776
Kern
CA-2007-815 Coventry Place Apartments 87 $3,210,690 $0 Bakersfield Kern Large Family
CA-2007-880 Descanso Place 53 7,126,800 0 Bakersfield Kern Large Family
CA-2007-906 Bakersfield Family Apartments 79 7,499,240 2,000,000 Bakersfield Kern Large Family
Total of 3 Projects 219 $17,836,730 $2,000,000
Lassen
CA-2007-817 Citrus Manor Apartments 53 $1,795,250 $0 Susanville Lassen Large Family
Total of 1 Project 53 $1,795,250 $0
Los Angeles
CA-2007-802 Morgan Place 54 $7,019,870 $0 Los Angeles Los Angeles Senior
1 of 5
Table B-6
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
CA-2007-804 Villa Gardenias Senior Apartments 124 9,982,760 0 Los Angeles Los Angeles Senior
CA-2007-805 Queen Apartments 94 6,043,060 0 Los Angeles Los Angeles Non-Targeted
CA-2007-807 Mariposa Place Apartments 58 10,198,040 0 Los Angeles Los Angeles Large Family
CA-2007-808 San Pedro Apartments 46 5,303,220 0 Los Angeles Los Angeles Large Family
CA-2007-831 Almond Tree Village 261 18,928,240 0 Los Angeles Los Angeles Senior
CA-2007-841 HDR I & II Portfolio 125 4,486,950 0 Los Angeles Los Angeles Large Family
CA-2007-847 Westminster Park Plaza 100 5,360,920 0 Los Angeles Los Angeles Large Family
CA-2007-868 The Rosslyn Lofts 259 17,390,710 0 Los Angeles Los Angeles Non-Targeted
CA-2007-896 Casa De Las Hermanitas 87 3,151,560 0 Los Angeles Los Angeles Senior
CA-2007-898 Van Nuys Apartments 297 15,262,490 0 Los Angeles Los Angeles Senior
CA-2007-907 MacArthur Park Towers 182 8,649,380 0 Los Angeles Los Angeles Senior
CA-2007-908 Harbor Towers 178 8,241,690 0 San Pedro Los Angeles
CA-2007-920 Burns Manor 81 5,691,470 0 Sunland Los Angeles At-Risk
Total of 14 Projects 1,946 $125,710,360 $0
Madera
CA-2007-850 Yosemite Manor 76 $2,607,360 $0 Madera Madera Senior
Total of 1 Project 76 $2,607,360 $0
Marin
CA-2007-876 Drake's Way Apartments 23 $3,691,490 $1,333,037 Larkspur Marin Large Family
Total of 1 Project 23 $3,691,490 $1,333,037
Mendocino
CA-2007-824 Ukiah Terrace Apartments 40 $1,867,770 $0 Ukiah Mendocino Non-Targeted
CA-2007-851 Clara Court Apartments 32 3,484,100 0 Ukiah Mendocino Non-Targeted
CA-2007-911 Holly Ranch Village 25 3,100,760 0 Fort Bragg Mendocino Large Family
Total of 3 Projects 97 $8,452,630 $0
Merced
CA-2007-875 Los Banos Family Apartments 103 $8,631,140 $3,116,801 Los Banos Merced Large Family
Total of 1 Project 103 $8,631,140 $3,116,801
Modoc
CA-2007-878 Alturas Meadows Apartments 47 $2,157,410 $0 Alturas Modoc Large Family
Total of 1 Project 47 $2,157,410 $0
Mono
CA-2007-923 Aspen Village at Mammoth Creek 47 $6,639,200 $0 Mammoth Lakes Mono Large Family
Total of 1 Project 47 $6,639,200 $0
Monterey
CA-2007-881 Benito Street Affordable Housing Community 69 $10,169,990 $0 Soledad Monterey Large Family
Total of 1 Project 69 $10,169,990 $0
Nevada
CA-2007-855 Frishman Hollow 31 $5,197,290 $0 Truckee Nevada Large Family
Total of 1 Project 31 $5,197,290 $0
2 of 5
Table B-6
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
Orange
CA-2007-816 Wilshire & Minnie Apartments 143 $8,199,130 $0 Santa Ana Orange Large Family
CA-2007-822 Granite Court 71 11,317,720 0 Irvine Orange Non-Targeted
CA-2007-883 Imperial Park Apartments 91 6,116,370 0 Brea Orange Non-Targeted
CA-2007-888 Diamond Aisle Apartments 24 3,908,050 0 Anaheim Orange Special Needs
CA-2007-905 Belage Manor Apartments 178 10,119,020 0 Anaheim Orange Senior
Total of 5 Projects 507 $39,660,290 $0
Placer
CA-2007-860 College Manor Apartments 31 $887,470 $0 Rocklin Placer Non-Targeted
CA-2007-909 Heritage Park Apartments 325 15,570,480 0 Roseville Placer Large Family
CA-2007-912 The Siena Apartments 154 11,673,060 0 Roseville Placer Large Family
Total of 3 Projects 510 $28,131,010 $0
Riverside
CA-2007-844 Heritage Park Apartments 86 $3,913,330 $0 Norco Riverside Senior
CA-2007-865 Horizons at Indio 79 $5,326,410 0 Indio Riverside Senior
CA-2007-871 La Quinta Dune Palms Apartments 216 $30,744,590 11,102,213 La Quinta Riverside Large Family
CA-2007-892 J.E. Wall Victoria Manor 112 $4,004,590 0 Riverside Riverside Non-Targeted
Total of 4 Projects 493 $43,988,920 $11,102,213
Sacramento
CA-2007-809 Point Natomas Apartments 337 $12,202,680 $0 Sacramento Sacramento Non-Targeted
CA-2007-832 Breckenridge Village Apartments 158 $6,790,300 0 Sacramento Sacramento Non-Targeted
CA-2007-840 Ardenaire Apartments 52 $4,215,080 0 Sacramento Sacramento Non-Targeted
CA-2007-852 Asbury Place 103 $2,872,580 0 Sacramento Sacramento Non-Targeted
CA-2007-862 Logan Park Apartments 661 $25,243,210 0 Sacramento Sacramento Non-Targeted
CA-2007-867 Parkview 96 $3,336,840 0 Sacramento Sacramento Large Family
CA-2007-869 Seasons 220 $18,063,590 0 Elk Grove Sacramento Senior
CA-2007-884 Mercy Village Folsom 80 $2,520,580 0 Folsom Sacramento Non-Targeted
CA-2007-885 Natomas Family Apartments 134 $12,786,580 0 Sacramento Sacramento Large Family
CA-2007-897 Ridgewood/La Loma 73 $2,685,490 0 Sacramento Sacramento Large Family
CA-2007-914 Rio Linda Apartments 65 $2,377,490 0 Sacramento Sacramento Senior
CA-2007-922 Arborelle Apartments 177 $7,477,350 0 Citrus Heights Sacramento Non-Targeted
Total of 12 Projects 2,156 $100,571,770 $0
San Bernardino
CA-2007-874 Coy D. Estes Senior Apartments II 71 $5,114,570 $1,846,930 Upland San Bernardino Senior
CA-2007-891 Twentynine Palms Apartments 47 $1,566,000 0 Twentynine Palms San Bernardino Non-Targeted
CA-2007-904 East Rancho Verde Apartments 32 $3,310,920 0 Rancho Cucamonga San Bernardino Large Family
Total of 3 Projects 150 $9,991,490 $1,846,930
San Diego
CA-2007-812 Cape Cod Senior Villas 35 $2,154,520 $0 Oceanside San Diego Senior
CA-2007-813 Lexington Green Apartments 142 7,479,540 0 El Cajon San Diego Non-Targeted
CA-2007-845 Springbrook Grove 43 7,328,630 0 Fallbrook San Diego Large Family
CA-2007-854 Redwood Villa 90 4,592,600 0 San Diego San Diego Senior
3 of 5
Table B-6
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
CA-2007-857 Villa Nueva Apartments 395 25,484,750 0 San Ysidro San Diego Non-Targeted
CA-2007-886 The Landings 91 12,041,910 0 Chula Vista San Diego Large Family
CA-2007-887 Glen Ridge Apartments 77 9,473,970 0 Carlsbad San Diego Large Family
CA-2007-890 Colina Park North Apartments 63 2,380,980 0 San Diego San Diego Non-Targeted
CA-2007-894 Oxford Terrace Apartments 105 2,659,310 0 Chula Vista San Diego Large Family
CA-2007-899 Parkside Terrace 76 11,447,820 0 San Diego San Diego Non-Targeted
CA-2007-901 525 Orange 16 1,938,770 0 Coronado San Diego Large Family
CA-2007-902 Boulevard Apartments 23 4,458,700 0 San Diego San Diego Large Family
CA-2007-913 Bay Vista Methodist Heights 267 12,177,850 0 San Diego San Diego Large Family
Total of 13 Projects 1,423 $103,619,350 $0
San Francisco
CA-2007-800 9th and Jessie Senior Housing 106 $14,131,290 $0 San Francisco San Francisco Non-Targeted
CA-2007-801 10th and Mission Family Housing 135 24,229,010 0 San Francisco San Francisco Non-Targeted
CA-2007-803 Arnett Watson Apartments 83 10,960,650 0 San Francisco San Francisco Non-Targeted
CA-2007-861 125 Mason Street 81 17,155,580 0 San Francisco San Francisco Large Family
CA-2007-882 275 10th Street Supportive Housing 134 13,806,080 0 San Francisco San Francisco SRO
Total of 5 Projects 539 $80,282,610 $0
San Joaquin
CA-2007-877 Tracy Garden Village Apartments 87 $2,821,950 $0 Tracy San Joaquin Senior
CA-2007-910 Villa Monterey Apartments 44 $4,641,490 0 Stockton San Joaquin Large Family
Total of 2 Projects 131 $7,463,440 $0
San Luis Obispo
CA-2007-837 Lachen Tara Apartments 28 $3,868,120 $0 Avila Beach San Luis Obispo Non-Targeted
CA-2007-917 Atascadero Senior Apartments 19 $1,877,750 0 Atascadero San Luis Obispo Senior
Total of 2 Projects 47 $5,745,870 $0
Santa Barbara
CA-2007-864 The Vizcaya Apartments 234 $11,820,660 $0 Santa Maria Santa Barbara Large Family
CA-2007-889 Parkview Apartments 19 $2,373,050 0 Goleta Santa Barbara Non-Targeted
Total of 2 Projects 253 $14,193,710 $0
Santa Clara
CA-2007-827 Casa Feliz Studios 60 $6,518,540 $0 San Jose Santa Clara Non-Targeted
CA-2007-859 Cherry Creek Apartments 129 $8,453,480 0 San Jose Santa Clara Non-Targeted
CA-2007-893 Curtner Studios 179 $4,490,800 0 San Jose Santa Clara SRO
CA-2007-915 Almaden 1930 Apartments 151 $10,762,780 0 San Jose Santa Clara Non-Targeted
CA-2007-916 David Avenue Apartments 65 $4,022,320 0 San Jose Santa Clara Large Family
CA-2007-919 Fairgrounds Senior Housing Apartments 199 $19,922,750 0 San Jose Santa Clara Senior
Total of 6 Projects 783 $54,170,670 $0
Santa Cruz
CA-2007-835 Tanner Artist Lofts 99 $15,191,180 $0 Santa Cruz Santa Cruz Large Family
Total of 1 Project 99 $15,191,180 $0
Shasta
4 of 5
Table B-6
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
2007 4% Tax Credit Awards by County
Low
Income Total Federal Total State
TCAC # Project Name Units Allocation Allocation City County Housing Type
CA-2007-879 Cedarwood Apartments 37 $1,648,880 $0 Fall River Mills Shasta Large Family
Total of 1 Project 37 $1,648,880 $0
Solano
CA-2007-818 Bristol Apartments 23 $1,715,380 $0 Fairfield Solano Large Family
Total of 1 Project 23 $1,715,380 $0
Sonoma
CA-2007-819 Colgan Meadows 82 $10,506,250 $0 Santa Rosa Sonoma Large Family
CA-2007-820 Vida Nueva 23 3,329,320 0 Rohnert Park Sonoma Large Family
CA-2007-842 Casa Grande Senior Apartments 57 7,886,890 0 Petaluma Sonoma Senior
CA-2007-846 Alderbrook Heights Apartments 40 2,791,060 0 Santa Rosa Sonoma Non-Targeted
CA-2007-853 Oak Ridge Senior Apartments 34 2,111,770 0 Unincorporated Area Sonoma Senior
Total of 5 Projects 236 $26,625,290 $0
Tehama
CA-2007-856 Salado Orchard Apartments 47 $4,237,320 $0 Corning Tehama Large Family
47 $4,237,320 $0
Tulare
CA-2007-829 Tulare Portfolio 244 $5,246,980 $1,894,743 Tulare/Porterville/Woodlake Tulare Non-Targeted
CA-2007-872 Woodlake Manor 43 1,224,070 161,846 Woodlake Tulare Non-Targeted
CA-2007-921 Village Grove 47 1,147,060 0 Farmersville Tulare Senior
Total of 3 Projects 334 $7,618,110 $2,056,589
Ventura
CA-2007-814 The Shadows Apartments 147 $11,231,400 $0 Thousand Oaks Ventura Non-Targeted
CA-2007-823 Santa Paulan Apartments 148 4,014,510 0 Santa Paula Ventura Senior
CA-2007-838 Paseo Del Rio 85 10,961,290 0 Oxnard Ventura Large Family
CA-2007-839 Paseo Santa Clara 53 8,371,310 0 Oxnard Ventura Large Family
Total of 4 Projects 433 $34,578,510 $0
YOLO
CA-2007-806 The Rivers Senior Project 119 $7,185,170 $0 West Sacramento Yolo Senior
Total of 1 Project 119 $7,185,170 $0
Grand Total of 119 Projects 12,795 $931,731,180 $25,395,641
5 of 5
APPENDIX C
1987 – 2007 COMPLIANCE REPORT
26
Table C-1
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Active Projects by County 1987-2007*
Low
January 1, 2007 Income Total Federal Total State
County Population** % of Total Projects % of Total Units % of Total Allocation % of Total Allocation % of Total
ALAMEDA 1,526,148 4.05% 101 4.57% 6,955 3.88% $510,304,150 4.49% $34,848,429 4.24%
ALPINE 1,261 0.00% 0 0.00% 0 0.00% $0 0.00% $0 0.00%
AMADOR 38,435 0.10% 2 0.09% 117 0.07% $6,861,450 0.06% $892,896 0.11%
BUTTE 218,069 0.58% 14 0.63% 925 0.52% $59,820,830 0.53% $6,011,942 0.73%
CALAVERAS 46,028 0.12% 2 0.09% 59 0.03% $1,201,370 0.01% $475,904 0.06%
COLUSA 21,951 0.06% 3 0.14% 133 0.07% $6,463,750 0.06% $2,085,409 0.25%
CONTRA COSTA 1,042,341 2.77% 67 3.03% 6,758 3.77% $435,171,610 3.83% $30,006,759 3.65%
DEL NORTE 29,341 0.08% 3 0.14% 174 0.10% $15,751,420 0.14% $0 0.00%
EL DORADO 178,674 0.47% 12 0.54% 891 0.50% $53,995,850 0.47% $14,308,136 1.74%
FRESNO 917,515 2.44% 71 3.22% 6,404 3.58% $300,486,240 2.64% $27,331,710 3.32%
GLENN 28,915 0.08% 3 0.14% 131 0.07% $6,263,440 0.06% $248,970 0.03%
HUMBOLDT 131,959 0.35% 9 0.41% 364 0.20% $17,408,850 0.15% $4,344,297 0.53%
IMPERIAL 172,672 0.46% 36 1.63% 2,366 1.32% $165,811,290 1.46% $14,067,843 1.71%
INYO 18,383 0.05% 0 0.00% 0 0.00% $0 0.00% $0 0.00%
KERN 801,648 2.13% 65 2.94% 4,804 2.68% $310,226,010 2.73% $46,620,502 5.67%
KINGS 151,381 0.40% 12 0.54% 837 0.47% $61,260,670 0.54% $2,673,768 0.33%
LAKE 64,276 0.17% 9 0.41% 384 0.21% $24,416,090 0.21% $4,352,833 0.53%
LASSEN 36,375 0.10% 4 0.18% 143 0.08% $3,316,610 0.03% $435,387 0.05%
LOS ANGELES 10,331,939 27.43% 525 23.78% 37,275 20.82% $2,698,520,920 23.74% $82,233,832 10.00%
MADERA 148,721 0.39% 15 0.68% 828 0.46% $53,634,780 0.47% $5,005,852 0.61%
MARIN 255,982 0.68% 13 0.59% 638 0.36% $53,016,090 0.47% $1,333,037 0.16%
MARIPOSA 18,254 0.05% 3 0.14% 102 0.06% $2,079,880 0.02% $853,999 0.10%
MENDOCINO 90,291 0.24% 9 0.41% 375 0.21% $19,407,130 0.17% $2,905,191 0.35%
MERCED 251,510 0.67% 26 1.18% 1,411 0.79% $65,281,470 0.57% $13,736,482 1.67%
MODOC 9,721 0.03% 1 0.05% 47 0.03% $2,157,410 0.02% $0 0.00%
MONO 13,985 0.04% 2 0.09% 79 0.04% $10,092,700 0.09% $0 0.00%
MONTEREY 425,960 1.13% 37 1.68% 2,237 1.25% $187,261,040 1.65% $6,133,055 0.75%
NAPA 135,969 0.36% 12 0.54% 916 0.51% $56,494,260 0.50% $13,077,683 1.59%
NEVADA 99,766 0.26% 16 0.72% 924 0.52% $64,400,620 0.57% $4,517,333 0.55%
ORANGE 3,098,121 8.23% 97 4.39% 11,280 6.30% $541,383,820 4.76% $38,052,967 4.63%
PLACER 324,495 0.86% 25 1.13% 2,840 1.59% $122,581,680 1.08% $7,550,538 0.92%
PLUMAS 21,128 0.06% 2 0.09% 70 0.04% $1,308,170 0.01% $409,588 0.05%
RIVERSIDE 2,031,625 5.39% 92 4.17% 8,722 4.87% $500,505,920 4.40% $58,258,494 7.09%
Table C-1
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Active Projects by County 1987-2007*
Low
January 1, 2007 Income Total Federal Total State
County Population** % of Total Projects % of Total Units % of Total Allocation % of Total Allocation % of Total
SACRAMENTO 1,406,804 3.74% 99 4.48% 12,407 6.93% $569,689,120 5.01% $73,741,583 8.97%
SAN BENITO 57,803 0.15% 6 0.27% 198 0.11% $13,277,900 0.12% $196,916 0.02%
SAN BERNARDINO 2,028,013 5.38% 42 1.90% 4,220 2.36% $221,245,980 1.95% $41,837,332 5.09%
SAN DIEGO 3,098,269 8.23% 140 6.34% 14,654 8.19% $836,309,030 7.36% $30,026,328 3.65%
SAN FRANCISCO 808,844 2.15% 86 3.89% 7,638 4.27% $786,680,820 6.92% $23,760,618 2.89%
SAN JOAQUIN 679,687 1.80% 30 1.36% 2,194 1.23% $130,269,580 1.15% $21,141,998 2.57%
SAN LUIS OBISPO 264,900 0.70% 20 0.91% 640 0.36% $52,979,200 0.47% $2,721,474 0.33%
SAN MATEO 733,496 1.95% 30 1.36% 1,545 0.86% $143,616,590 1.26% $4,971,679 0.60%
SANTA BARBARA 424,425 1.13% 30 1.36% 2,156 1.20% $146,928,520 1.29% $5,045,130 0.61%
SANTA CLARA 1,808,056 4.80% 146 6.61% 14,925 8.34% $981,518,860 8.63% $82,439,310 10.03%
SANTA CRUZ 264,125 0.70% 24 1.09% 1,308 0.73% $122,306,760 1.08% $3,727,729 0.45%
SHASTA 181,401 0.48% 14 0.63% 808 0.45% $42,435,020 0.37% $12,570,255 1.53%
SIERRA 3,485 0.01% 1 0.05% 48 0.03% $842,050 0.01% $0 0.00%
SISKIYOU 45,953 0.12% 2 0.09% 64 0.04% $1,447,090 0.01% $539,996 0.07%
SOLANO 424,823 1.13% 27 1.22% 2,453 1.37% $104,220,510 0.92% $4,595,644 0.56%
SONOMA 481,765 1.28% 59 2.67% 3,806 2.13% $281,212,190 2.47% $6,892,916 0.84%
STANISLAUS 521,497 1.38% 18 0.82% 1,364 0.76% $53,186,550 0.47% $10,130,296 1.23%
SUTTER 93,919 0.25% 2 0.09% 93 0.05% $4,642,670 0.04% $1,661,812 0.20%
TEHAMA 61,774 0.16% 6 0.27% 271 0.15% $14,801,060 0.13% $2,735,774 0.33%
TRINITY 14,171 0.04% 2 0.09% 64 0.04% $1,277,520 0.01% $969,996 0.12%
TULARE 429,006 1.14% 49 2.22% 2,544 1.42% $149,149,470 1.31% $28,264,549 3.44%
TUOLUMNE 57,223 0.15% 10 0.45% 529 0.30% $29,394,060 0.26% $2,835,550 0.34%
VENTURA 825,512 2.19% 44 1.99% 3,673 2.05% $200,867,740 1.77% $16,198,298 1.97%
YOLO 193,983 0.52% 27 1.22% 1,816 1.01% $92,455,740 0.81% $11,750,213 1.43%
YUBA 70,745 0.19% 6 0.27% 418 0.23% $30,608,760 0.27% $10,666,983 1.30%
Totals 37,662,518 100.00% 2,208 100.00% 179,025 100.00% $11,368,248,310 100.00% $822,195,215 100.00%
* Includes tax-exempt bond financed projects
** State of California, Department of Finance, E-1 Population Estimates for Cities, Counties and the State with Annual Percent Change - January 1, 2006 and 2007
Sacramento, California, May 2007.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1987-008 HDR Fund I Apartments Extended 76 76 76
CA-1987-009 HDR Fund II Apartments Extended 49 49 49
CA-1987-011 Dos Palos Apts. Extended 40 40 37
CA-1987-014 Battle Creek Family Apts. Extended 24 24 23
CA-1987-046 Cypress Glen Extended 54 27 52
CA-1987-053 Olive Court Extended 24 24 23
CA-1987-055 Carson Ridge II Apts. Extended 36 36 32
CA-1987-056 Desert Oak Apts. Extended 42 42 39
CA-1987-060 Fresno Four-Plex Extended 4 4 4
CA-1987-064 MidCities Extended 59 59 45
CA-1987-073 Live Oak Apartments Extended 328 69 n/a
CA-1988-000 Harbor Tower Extended 180 180 179
CA-1988-001 Meredith Manor Extended 40 40 30
CA-1988-002 Madrone Hotel Extended 32 32 31
CA-1988-005 Villa Rosa Apts. Extended 44 44 44
CA-1988-006 Feather River Apts. Extended 34 34 32
CA-1988-007 Sierra Meadows Apts Extended 35 35 34
CA-1988-008 Strathmore Villa Apts. Extended 42 42 40
CA-1988-010 Conquistador Villa Apartments Extended 38 38 34
CA-1988-013 Exeter Apartments Extended 58 58 55
CA-1988-016 Cottonwood Creek Apts. Extended 32 32 32
CA-1988-017 Noble Creek Apts Extended 54 54 54
CA-1988-018 Citrus Pointe II Apartments Extended 50 50 48
CA-1988-021 Central Valley II Apartments Extended 38 38 33
CA-1988-022 Pixley Apts. Extended 40 40 37
CA-1988-024 Anderson Court Extended 36 36 36
CA-1988-026 Weaver Creek Apts. Extended 26 26 25
CA-1988-027 Garden Estates Extended 44 44 40
CA-1988-028 Ridgeway Hotel Extended 58 58 48
CA-1988-029 Sonora Terrace Extended 46 46 44
CA-1988-031 23rd Avenue Project Extended 4 4 4
CA-1988-032 MacArthur Blvd. (04 & 05) Extended 20 20 4
CA-1988-038 2648 Parker Avenue Extended 4 4 4
CA-1988-041 California Terrace Apts. Extended 32 32 29
CA-1988-042 Riverland Apts. Extended 75 75 74
CA-1988-043 Visalia Garden Villas Extended 60 60 0
CA-1988-044 Nice Village Apartments Extended 28 28 27
CA-1988-045 Olympic Villa Apts. Extended 27 27 26
CA-1988-046 1313 Castillo Extended 3 3 3
CA-1988-047 Kingswood Apartments Extended 43 43 43
CA-1988-048 SCA Homes Extended 30 30 30
CA-1988-049 Bear Mountain Apts. Extended 36 36 34
CA-1988-051 Atrium Apts. Extended 12 12 n/a
CA-1988-055 Pacific Oaks Extended 103 103 54
CA-1988-056 Salton II Village Apts. Extended 30 30 22
CA-1988-058 Reedley Elderly Extended 23 23 23
CA-1988-062 Magnolia Plaza Apts. Extended 124 124 74
CA-1988-066 Vendome Apt. Extended 43 41 44
CA-1988-067 S. Norton Avenue Extended 20 20 19
CA-1988-068 Woods Manor Extended 80 80 78
CA-1988-069 Virginia Avenue Extended 28 20 27
CA-1988-070 Exeter Senior Villa Extended 44 44 44
CA-1988-071 Arminta North and South Extended 60 12 40
CA-1988-072 Magnolia Acres Extended 40 40 10
CA-1988-073 Flores Apartments Extended 26 26 26
CA-1988-076 Heather Ridge Apts. Extended 56 56 55
CA-1988-081 Citrus Ave. Extended 6 6 6
CA-1988-083 Flamingo Garden Senior Extended 58 58 58
CA-1988-084 Parkwood Meadows No. 2 Extended 2 2 1
CA-1988-086 Huntwood Commons Extended 40 40 40
CA-1988-087 1714-1716 Eleventh Street Extended 2 2 2
CA-1988-088 Riverview Plaza Extended 123 123 122
CA-1988-089 Cherry Blossom Extended 70 70 21
CA-1988-090 Grandview Apartments Extended 27 27 27
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1988-093 Prospect Villa Apts. Extended 14 14 14
CA-1988-094 Glenhaven Park Extended 15 15 5
CA-1988-098 Poinsettia Street Apts. Extended 20 20 20
CA-1988-101 1513 W. Pico Blvd. Extended 32 32 32
CA-1988-105 Peter Claver Community Extended 32 32 30
CA-1988-106 Schillo Gardens Extended 29 29 29
CA-1988-108 45th Street Extended 2 2 2
CA-1988-210 Dunbar Hotel Extended 73 73 44
CA-1988-218 LA Pro I Apts. Extended 124 124 75
CA-1989-000 MacArthur Park Towers Extended 183 183 181
CA-1989-004 Hotel de Riviera Extended 30 30 31
CA-1989-006 Pershing Hotel Extended 65 65 65
CA-1989-008 Sanford Hotel Extended 130 130 129
CA-1989-009 The Fountains Extended 124 117 123
CA-1989-015 Guadalupe Apts. Extended 23 23 23
CA-1989-016 Bear River Apts. Extended 24 24 22
CA-1989-017 Weaver Creek Senior Center Apts. Extended 38 38 35
CA-1989-018 Grass Valley Senior Center Apts. Extended 34 34 33
CA-1989-019 Villa Parke Homes Extended 9 9 9
CA-1989-020 New Palace Hotel Extended 80 80 80
CA-1989-021 Gridley Springs Extended 32 32 32
CA-1989-023 Madrone Village Extended 23 23 22
CA-1989-024 Country Way Apts. Extended 41 41 38
CA-1989-025 Point Arena Village Apts. Extended 26 26 23
CA-1989-026 Heber II Village Apts. Extended 24 24 24
CA-1989-027 Calexico Village Apts. Extended 36 36 35
CA-1989-031 DeRose Gardens Extended 76 76 75
CA-1989-032 Redwood Creek Apts. Extended 48 48 46
CA-1989-033 Ridgecrest Village Apts. II Extended 12 12 10
CA-1989-036 Blythe Duplex #1 Extended 2 2 2
CA-1989-037 Blythe Duplex #2 Extended 2 2 1
CA-1989-038 Blythe Duplex #3 Extended 2 2 2
CA-1989-039 Clearlake Village Extended 35 35 31
CA-1989-041 Porterville Hotel Extended 70 70 56
CA-1989-043 Duane Heights Extended 14 14 4
CA-1989-044 Alta Vista Apts. Extended 42 42 38
CA-1989-045 Maria Alicia Extended 20 20 20
CA-1989-046 Siskiyou Valley Apts. Extended 36 36 34
CA-1989-047 Grant Square Extended 14 14 14
CA-1989-048 Niland Apts. Extended 38 38 28
CA-1989-049 Thunderbird Apts. Extended 54 54 52
CA-1989-050 Battle Creek Senior Apts. Extended 40 40 40
CA-1989-051 Hudson Park II Apts Extended 42 42 38
CA-1989-052 Pine Ridge Apts. Extended 25 25 24
CA-1989-053 Harper Avenue Partners Extended 17 17 17
CA-1989-055 East Garden Apartments Extended 51 51 50
CA-1989-056 Woodlake Garden Apts. Extended 48 48 47
CA-1989-057 California Park Apts. Extended 45 45 45
CA-1989-059 Oak Terrace II Apts Extended 37 37 36
CA-1989-064 Centennial Place Extended 144 144 137
CA-1989-067 Redondo Apartments II Extended 32 32 32
CA-1989-068 Blythe Duplexes Extended 4 4 4
CA-1989-069 Los Alamos Senior Apartments Extended 14 14 12
CA-1989-071 Mariposa Terrace II Extended 36 36 35
CA-1989-074 Marengo Street Apts. Extended 24 24 6
CA-1989-075 Terrace Gardens Seniors Apts. Extended 150 135 n/a
CA-1989-078 2020-30 Cloverfield Boulevard Extended 32 32 24
CA-1989-080 California Hotel Extended 150 133 134
CA-1989-083 Autumn Village Extended 40 40 40
CA-1989-087 Dent Avenue Commons Extended 23 23 23
CA-1989-088 Ridgeview Commons Extended 200 200 198
CA-1989-089 Mariposa Terrace Apts. Extended 32 32 31
CA-1989-090 Haven Park Partners IV Extended 12 12 12
CA-1989-091 Haven Park Partners III Extended 15 15 15
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1989-092 Cloverdale Garden Apts. Extended 34 34 33
CA-1989-093 Vista de Oro Extended 22 22 22
CA-1989-094 San Jacinto Village Apts. Extended 38 38 35
CA-1989-108 Ward Villas Extended 120 120 118
CA-1989-109 Gilbert Lindsay Manor Extended 137 137 125
CA-1989-118 Baywood Apts. Extended 82 82 79
CA-1989-119 The Woodlands Extended 23 23 19
CA-1989-131 Fitch Mountain Terrace II Extended 20 20 19
CA-1989-140 Prentice Apartments Extended 45 45 47
CA-1989-146 San Pedro Firm Building Extended 42 42 40
CA-1989-157 Frank G. Mar Community Housing Extended 119 119 117
CA-1989-223 Pacific Meadows Extended 200 146 188
CA-1989-341 Rimrock Village Extended 138 30 8
CA-1990-002 Newport Village Apartments Extended 40 40 39
CA-1990-011 Villa Los Robles Extended 8 8 8
CA-1990-012 Casa Loma Apartments Initial 110 110 110
CA-1990-014 San Pedro Gardens Extended 20 17 19
CA-1990-018 Yucaipa Terrace Extended 51 51 51
CA-1990-019 Coronado Place Initial 40 40 41
CA-1990-020 Meridian Apartments Extended 236 236 214
CA-1990-030 The Willows Extended 20 20 20
CA-1990-031 The Redwoods Extended 24 24 24
CA-1990-032 Wheeler Manor Initial 109 109 110
CA-1990-034 Dunning Apartments Extended 26 24 23
CA-1990-035 Casa Esperanza Extended 10 10 10
CA-1990-036 The Las Americas Hotel Extended 60 60 60
CA-1990-037 Simone Hotel Extended 123 123 123
CA-1990-038 Roberta Stevens Villas Extended 40 40 39
CA-1990-039 Harper Community Apartments Extended 22 22 22
CA-1990-043 Crescent Hotel Extended 55 55 55
CA-1990-045 St. Mark's Hotel Extended 91 91 91
CA-1990-046 Osage Apartments Extended 21 21 20
CA-1990-049 The Hart Hotel Extended 39 39 39
CA-1990-050 Olympia Hotel Initial 48 48 24
CA-1990-054 Watson Terrace Apartments Extended 12 12 12
CA-1990-057 Corcoran Garden Apartments Extended 38 38 37
CA-1990-058 Valley Ridge Senior Apartments Extended 38 38 36
CA-1990-059 Crescent City Senior Apartments Extended 38 38 37
CA-1990-060 Nevada City Senior Apartments Extended 60 60 57
CA-1990-061 Vintage West Apartments Extended 55 55 54
CA-1990-062 San Jacinto Senior Apartments Extended 46 46 44
CA-1990-066 Hendley Circle Apartments Extended 27 27 21
CA-1990-068 Greenwood-17th Street Initial 7 5 7
CA-1990-076 Fox Creek Extended 36 34 35
CA-1990-078 Villa San Ramon Extended 120 24 24
CA-1990-079 Greenwood/Berkeley Initial 7 5 6
CA-1990-081 Heather Glen Extended 62 62 60
CA-1990-086 Caulfield Lane Apartments Extended 22 22 22
CA-1990-094 Fourth Street Apartments Initial 44 44 43
CA-1990-096 Greenwood/15th Street Initial 9 8 9
CA-1990-097 Garcia Apartments Initial 7 6 7
CA-1990-099 Green Valley Apartments Extended 28 28 n/a
CA-1990-101 Embarcadero Triangle Extended 177 167 167
CA-1990-102 Las Casas III Apartments Extended 52 52 35
CA-1990-103 Rohlff's Manor Extended 213 213 213
CA-1990-104 Woodhaven Senior Residences Extended 104 102 102
CA-1990-107 Santana Apartments Extended 30 30 28
CA-1990-108 James Lee Court Extended 26 26 26
CA-1990-109 Lake Isabella Senior Apartments Extended 46 46 44
CA-1990-110 Earlimart Senior Apartments Extended 35 35 34
CA-1990-111 San Joaquin Senior Apartments Extended 20 20 19
CA-1990-112 San Joaquin Apartments Extended 38 38 36
CA-1990-113 Westwood Senior Apartments Extended 24 24 22
CA-1990-114 Chowchilla Terrace Apartments (89-129) Extended 0 0 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1990-116 Prospect Villa II Apartments Extended 42 42 41
CA-1990-123 Palmer House Extended 21 21 21
CA-1990-127 Sunflower Norton Apartments Extended 10 10 8
CA-1990-132 Drasnin Manor Initial 26 26 21
CA-1990-136 Kenneth Henry Court Extended 51 51 50
CA-1990-137 Yucca Warren Vista Apartments Extended 50 50 48
CA-1990-138 Blackberry Oaks Apartments Extended 42 42 41
CA-1990-140 Almond Garden Family Extended 31 30 30
CA-1990-142 Rhyolite Apartments Extended 70 70 54
CA-1990-143 Bayless Garden Apartments Extended 46 46 46
CA-1990-144 Oakwood II Apartments Extended 54 54 50
CA-1990-147 Eucalyptus Garden Apartments Initial 80 38 78
CA-1990-148 Phoenix House Extended 156 156 155
CA-1990-149 Harmony Gate Extended 70 70 70
CA-1990-150 Susanne B. Wilson Residence Initial 63 63 62
CA-1990-151 Centertown Apartments Extended 60 60 60
CA-1990-153 Connecticut Street Court Extended 10 10 10
CA-1990-154 Steamboat Point Apartments Extended 108 108 107
CA-1990-156 Padre Palou Apartments Extended 18 17 18
CA-1990-157 Villa Santa Clara Extended 30 30 27
CA-1990-159 Hunt's Grove Apartments Extended 56 56 55
CA-1990-160 The Carquinez Extended 35 35 29
CA-1990-172 Sierra Ridge Extended 180 36 36
CA-1990-173 Portola Meadows Extended 176 36 33
CA-1990-174 Palm Springs View Apartments Extended 120 119 112
CA-1990-175 Ponderosa Senior Housing Extended 304 58 293
CA-1990-177 Rosewood Park/Willow Glen Extended 36 36 33
CA-1991-004 Shaheen/Shehab Extended 10 10 8
CA-1991-005 Villa La Posada Initial 42 42 42
CA-1991-006 Shangri La Palms, Phase IV Extended 17 17 13
CA-1991-009 Bella Vista Apartments Phase II (aka Terracina) Initial 96 96 89
CA-1991-010 Terracina Apartments at San Jacinto Extended 56 56 55
CA-1991-011 Richmond City Center Apartments Initial 63 63 54
CA-1991-014 Stoney Creek Apartments Extended 69 69 70
CA-1991-015 Washington Creek Apartments Initial 32 31 28
CA-1991-020 El Centro Initial 44 44 n/a
CA-1991-022 The Sanborn Hotel Extended 46 46 46
CA-1991-024 Leonide Apartments Extended 66 66 68
CA-1991-025 Lorin Station Plaza Initial 14 14 14
CA-1991-026 East of Eaton Extended 76 76 75
CA-1991-027 Coyote Run Apartments Initial 140 140 139
CA-1991-028 Del Carlo Court Initial 25 25 0
CA-1991-029 Turk Street Apartments Initial 175 122 157
CA-1991-031 111 Jones Street Apartments Initial 108 107 n/a
CA-1991-032 La Gema Del Barrio Extended 6 6 6
CA-1991-038 Eleventh Avenue Apartments Initial 22 22 22
CA-1991-046 Tierra Del Vista Apartments Extended 54 54 50
CA-1991-049 Villa Del Rey Apartments Extended 36 36 7
CA-1991-051 Village Park Extended 50 50 49
CA-1991-058 Montgomery Oaks Initial 21 21 21
CA-1991-059 Sultana Acres Extended 36 36 36
CA-1991-060 Casa Gloria Initial 46 46 46
CA-1991-061 Henderson Homes Initial 11 11 11
CA-1991-063 Robinson Villa Initial 12 12 12
CA-1991-064 Greenview Village Apartments Extended 48 48 47
CA-1991-077 Glen Eden Initial 36 36 35
CA-1991-078 Rancho Park Initial 54 54 54
CA-1991-081 Santa Familia Initial 79 78 74
CA-1991-082 Willow Court Phase I Extended 6 6 6
CA-1991-083 The Farm Initial 39 39 39
CA-1991-084 Open Doors Initial 64 64 65
CA-1991-085 Sharmon Palms Extended 24 24 22
CA-1991-088 Tower Apartments Initial 50 50 49
CA-1991-090 Stonebridge Initial 80 79 80
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1991-102 Daybreak Grove/Sunrise Place Initial 21 21 21
CA-1991-103 Arlington Rodeo Apartments Initial 29 29 29
CA-1991-104 Korean Youth Center Apts Initial 19 19 19
CA-1991-107 Virginia Village Initial 13 12 12
CA-1991-108 La Playa Initial 8 8 n/a
CA-1991-109 Santa Fe Townhomes Initial 31 30 27
CA-1991-128 Sage Wood Manor Initial 65 65 62
CA-1991-133 Park Village Apartments Initial 28 28 28
CA-1991-134 Raitt Street Apartments Initial 6 6 6
CA-1991-137 San Felipe Homes Initial 20 20 20
CA-1991-139 Terracina Apartments at Elk Grove Initial 124 124 122
CA-1991-150 Jamestown Terrace Extended 56 56 56
CA-1991-169 Dinuba Manor Extended 24 24 24
CA-1991-171 San Pablo Suites Extended 43 43 36
CA-1991-173 Norwood Estates Initial 44 44 14
CA-1991-175 Pinewood Manor Apartments Initial 26 26 24
CA-1991-177 Gridley Springs II Initial 24 24 24
CA-1991-185 Willowbrook Apartments Extended 80 16 17
CA-1991-186 Cottonwood Grove Extended 150 30 150
CA-1991-187 Sequoia Knolls Extended 52 20 52
CA-1991-191 Childs Avenue Apartments Initial 27 27 27
CA-1991-192 Oakdale Senior Center Initial 80 80 0
CA-1992-001 Crescent Arms Initial 186 184 186
CA-1992-002 Calexico Senior Apts. Initial 38 38 37
CA-1992-003 Mendota Village Apts. Initial 44 44 42
CA-1992-004 Tuolumne City Senior Apts. Initial 30 30 29
CA-1992-005 Rohit Villas Initial 16 7 16
CA-1992-006 Cottage Gardens Apts. Initial 17 17 17
CA-1992-007 Monte Vista Apts. Initial 9 9 10
CA-1992-008 Sunshine Financial Group Initial 5 5 5
CA-1992-010 Kristine Apartments Initial 60 59 59
CA-1992-012 Tegeler Hotel Initial 53 52 51
CA-1992-013 Twin Pines Apts. Initial 39 39 39
CA-1992-017 Cypress Cove Initial 52 52 52
CA-1992-018 Laurel/Norton Inter-generational Community Apartme Initial 41 40 41
CA-1992-019 Produce Place Initial 95 95 95
CA-1992-020 Weldon Hotel Initial 58 58 58
CA-1992-021 Senator Hotel Initial 99 99 99
CA-1992-022 Villa Esperanza Initial 33 33 33
CA-1992-023 Marion Hotel Initial 44 44 42
CA-1992-024 Second Street Center Initial 44 44 40
CA-1992-025 Parke Los Robles Initial 12 12 12
CA-1992-026 Hope West Apartments Initial 17 17 17
CA-1992-027 The Carlton Apartments Initial 24 24 24
CA-1992-028 Crescent Court Initial 32 32 40
CA-1992-033 Grosman Apartments Initial 13 13 13
CA-1992-034 Gray's Meadow Initial 52 51 49
CA-1992-035 Forest Winds Initial 48 48 47
CA-1992-037 Young Apartments Initial 66 65 65
CA-1992-039 Navy Blue Apartments Initial 14 14 12
CA-1992-040 Ross Gardens Apartments Initial 140 140 138
CA-1992-043 FAME Manor Initial 56 56 56
CA-1992-044 FAME Gardens Initial 81 81 81
CA-1992-048 Sherwood Manor Apartments Initial 34 34 34
CA-1992-050 Jacob's Square Initial 45 45 43
CA-1992-052 Courtland Hotel Initial 97 97 97
CA-1992-054 Regency 50 Initial 50 50 49
CA-1992-056 Norbo Hotel Initial 57 57 55
CA-1992-057 San Pablo Hotel Initial 144 140 131
CA-1992-058 Hacienda Townhomes Initial 52 51 51
CA-1992-059 La Brea/Franklin Apartments Initial 40 40 39
CA-1992-060 Nevada Woods Initial 78 77 73
CA-1992-061 Nevada Meadows Initial 36 36 34
CA-1992-064 Glen Berry Initial 49 49 48
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1992-070 St. Francis Terrace Initial 48 48 42
CA-1992-071 Hillview Glen Apartments Initial 138 138 130
CA-1992-072 Marina Apts Initial 64 64 59
CA-1992-073 Mercedes Apts Initial 47 47 45
CA-1992-075 Minna Street Apartments Initial 24 24 24
CA-1992-077 Walnut-Pixley Initial 22 22 21
CA-1992-079 Silver Birch Apts. Initial 34 34 34
CA-1992-089 Coachella Community Homes Initial 98 95 98
CA-1992-090 Tlaquepaque Initial 75 75 n/a
CA-1992-092 Central Avenue Village Square Initial 45 45 45
CA-1992-093 One Wilkins Place Initial 18 18 18
CA-1992-097 Colden Oaks Initial 38 38 38
CA-1992-099 Terracina Oaks at Auburn Initial 56 56 54
CA-1992-100 The Terraces at Capitol Park Initial 60 60 59
CA-1992-101 Le Grand Apartments Initial 35 35 31
CA-1992-103 Canon Kip Community House Initial 104 104 102
CA-1992-107 Witmer City Lights Initial 16 16 14
CA-1992-111 Fell Street Apartments Initial 82 82 81
CA-1992-112 La Pradera Initial 48 48 48
CA-1992-113 Almaden Lake Apartments Initial 144 143 144
CA-1992-119 Wheatland Meadows aka Sunset Valley Apartments Initial 88 88 80
CA-1992-127 Beverly City Lights Initial 40 40 39
CA-1992-128 Sequoia View Apts. Initial 42 42 0
CA-1992-132 Mercado Apartments Initial 144 142 142
CA-1992-135 Tuscany Villas [Villa Calabria] Initial 36 36 35
CA-1992-139 Hismen Hin-Nu Terrace Initial 92 90 90
CA-1992-140 Larkin Pine Senior Housing Initial 63 63 61
CA-1992-141 1028 Howard Street Apartments Initial 30 30 n/a
CA-1992-147 Parker Hotel Initial 32 32 30
CA-1992-149 Norwood Avenue Family Hsg. Initial 28 28 28
CA-1992-150 Curry Senior Apts. Initial 48 48 47
CA-1992-151 Tierra Linda Apartments Initial 18 18 18
CA-1992-152 Pajaro Court Initial 10 10 10
CA-1992-155 Laureola Oaks Initial 16 16 16
CA-1992-156 Hatfield Homes Initial 48 48 47
CA-1992-157 El Centro Family Housing Initial 8 8 8
CA-1992-161 Vintage Oaks Senior Apartments Initial 241 241 232
CA-1992-163 The Knox SRO Initial 140 140 121
CA-1992-166 Marcus Garvey Commons Initial 22 22 20
CA-1992-169 Esperanza Garden Apts. Initial 10 10 10
CA-1992-172 Rosamel Apartments Initial 9 9 9
CA-1992-175 Chico Commons Initial 72 72 72
CA-1992-176 Step Up On Second Street Initial 36 35 36
CA-1992-178 Parkview Apartments Initial 198 198 105
CA-1992-180 Vallejo Street Senior Apts. Initial 45 45 44
CA-1992-186 Las Brisas Initial 30 30 27
CA-1992-188 Windmere Initial 50 50 47
CA-1992-190 Austin Manor Apartments Initial 22 22 20
CA-1992-191 Plaza Hotel Initial 27 27 13
CA-1992-192 Main Street Manor/Almond View Initial 72 71 71
CA-1992-193 Shady Lane Apartments Initial 34 34 34
CA-1992-194 The Shasta Hotel Initial 80 80 76
CA-1992-195 Riverhouse Hotel Initial 75 74 79
CA-1992-198 Plaza del Sol Initial 58 57 57
CA-1992-205 The Meadows Apartments Initial 134 133 134
CA-1992-207 Sherwood Manor Initial 38 37 37
CA-1992-901 Altadena Vistas Apartments Initial 22 22 22
CA-1992-904 Del Norte Place Initial 135 27 27
CA-1992-905 The Altamont Apartments Extended 230 106 230
CA-1992-906 Villa Anaheim Initial 135 134 135
CA-1992-908 Paloma del Mar Initial 130 130 123
CA-1992-909 San Paulo Apartments Initial 382 153 152
CA-1992-910 Holly Street Village Initial 374 75 77
CA-1992-912 Madera Villa Apts Initial 136 28 28
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1993-001 Winters Senior Center Apts Initial 38 38 37
CA-1993-003 California Apts Initial 42 42 41
CA-1993-004 The Oaks Apartments Initial 36 36 36
CA-1993-005 Squaw Valley Apts Initial 33 33 32
CA-1993-008 Baker Park Initial 98 98 95
CA-1993-009 Woodpark Apartments Initial 128 128 128
CA-1993-013 Elaine Null Court Initial 14 14 14
CA-1993-016 Rustic Gardens Initial 18 18 19
CA-1993-019 Soledad Senior Apts Initial 40 40 39
CA-1993-020 Boulder Creek Apts Initial 156 156 134
CA-1993-024 Longhorn Pavilion (aka Summit Ridge Apts) Initial 304 304 299
CA-1993-026 Somerville I & II Initial 41 41 41
CA-1993-027 La Villa Mariposa Initial 115 115 115
CA-1993-028 La Posada Initial 61 61 60
CA-1993-030 Fumbah Manor Initial 18 18 18
CA-1993-031 Klimpel Manor Initial 59 59 59
CA-1993-032 Klein School Site Senior Housing (Ginzton Terrace) Initial 107 106 105
CA-1993-033 The Carroll Inn Initial 121 121 120
CA-1993-034 W. Capitol Courtyard (94-802) Initial 50 50 47
CA-1993-035 Temple/Edgeware Apts Initial 108 106 107
CA-1993-036 Hillview Village Initial 50 49 49
CA-1993-037 Solinas Village Apartments Initial 52 51 50
CA-1993-038 Villa Solimar Initial 32 32 32
CA-1993-040 Pinole Grove Senior Housing Initial 70 69 68
CA-1993-043 Orchard Village Apartments Initial 188 188 176
CA-1993-045 Palm Garden Apartments Initial 89 89 90
CA-1993-046 Nueva Vista Apts Initial 31 31 31
CA-1993-047 St. Andrews Bungalow Court Initial 16 16 16
CA-1993-048 Werner Illing House (Argle Arms) Initial 21 21 20
CA-1993-049 Fairview Village Initial 8 8 8
CA-1993-050 The Boyd Hotel Initial 61 61 58
CA-1993-051 Mary Andrews Clark Residence Initial 152 152 147
CA-1993-053 Colina Vista Apts Initial 35 35 35
CA-1993-054 Morrone Gardens Initial 102 102 100
CA-1993-056 Las Serenas Senior Apartments Initial 108 108 108
CA-1993-057 Terracina Apts at Vineyard Initial 64 64 59
CA-1993-058 Umoja Apartments Initial 30 30 30
CA-1993-059 Casa Carondelet Initial 18 18 18
CA-1993-060 Canaan Gardens Initial 7 7 7
CA-1993-061 Indio Desert Palms Initial 144 142 144
CA-1993-063 Sunset Creek Initial 76 75 66
CA-1993-066 Weedpatch Country Apts Initial 35 35 34
CA-1993-068 Plaza Vermont Initial 79 79 77
CA-1993-071 Brynview Terrace Initial 8 8 8
CA-1993-074 Sunrise Terrace Initial 52 52 52
CA-1993-075 Parlier Garden Apts. Initial 41 41 40
CA-1993-076 Tahoe Pines Apts. Initial 28 27 24
CA-1993-077 Colonial Village Roseville Initial 56 56 56
CA-1993-079 Almond Garden Elderly Apts Initial 34 33 34
CA-1993-081 Colonial Village Auburn Initial 56 55 55
CA-1993-082 Southcove Apts Initial 54 54 52
CA-1993-083 Nueva Sierra Vista Apartments Initial 35 35 35
CA-1993-084 Evergreen Village Initial 52 52 52
CA-1993-089 Sonoma Creekside Homes Initial 43 43 42
CA-1993-090 Riverfield Homes Initial 18 17 18
CA-1993-092 Casa Serena Sr. Apts. Initial 48 47 47
CA-1993-093 Park Stanton Seniors Apts Initial 335 335 320
CA-1993-094 Manilla Terrace Initial 30 27 30
CA-1993-095 Campina Court Apartments Initial 60 60 59
CA-1993-096 Cameron Park Village Initial 80 80 74
CA-1993-100 Casa Rita Initial 103 103 103
CA-1993-101 The Claridge Hotel (Ridge Hotel) Initial 202 202 202
CA-1993-104 Delta Plaza Apts. Initial 29 29 27
CA-1993-105 Crossroad Gardens Initial 70 69 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1993-106 Taylor Terrace Initial 168 168 168
CA-1993-107 Rio Vista Village Initial 75 74 68
CA-1993-108 Baldwin Apartments Initial 40 40 40
CA-1993-109 Cypress Meadows Initial 104 104 104
CA-1993-110 Rugby Plaza Initial 183 183 183
CA-1993-113 Avenida Espana Gardens Initial 84 83 84
CA-1993-117 Crescent Village Initial 134 134 134
CA-1993-118 Plaza Maria Initial 53 52 51
CA-1993-119 Mission Terrace Apartments Initial 76 76 0
CA-1993-120 Bracher Gardens Initial 72 72 72
CA-1993-123 Washington Villa Apartments Initial 21 21 20
CA-1993-124 Villa del Pueblo Initial 81 81 111
CA-1993-125 Pinmore Gardens Initial 51 51 48
CA-1993-126 Vineland Place Initial 18 18 n/a
CA-1993-127 Florence Avenue Villa Initial 20 20 20
CA-1993-128 815 Ashland Initial 45 45 44
CA-1993-129 Las Palomas Hotel Initial 65 65 57
CA-1993-130 Avalon Courtyard Initial 91 91 91
CA-1993-131 La Mirada Senior Apartments Initial 100 100 97
CA-1993-132 Valley Village Apartments Initial 188 188 183
CA-1993-137 New Hope Senior Village Initial 56 56 55
CA-1993-138 Sea Ranch Apartments Initial 31 31 31
CA-1993-139 Filipino Community Building of Stockton Initial 69 68 59
CA-1993-142 C. L. Dellums Apts Initial 72 72 71
CA-1993-143 Paradise Arms Initial 43 43 n/a
CA-1993-144 P & P Home for the Elderly Initial 106 106 106
CA-1993-145 Martha Bryant Manor Initial 77 77 70
CA-1993-147 Chestnut Place Initial 50 50 49
CA-1993-148 Fillmore Marketplace Initial 120 120 118
CA-1993-149 Alejandro Rivera Senior Initial 52 52 51
CA-1993-150 Sunshine Financial Group II Initial 14 14 14
CA-1993-154 Luisa Apartments Initial 56 56 53
CA-1993-156 La Fenetre Apartments Initial 50 50 n/a
CA-1993-157 Miranda Villa Initial 109 109 109
CA-1993-159 Catalonia Townhomes Initial 50 50 47
CA-1993-160 Arroyo Vista Apartments Initial 155 155 155
CA-1993-162 Marina Manor Initial 39 39 39
CA-1993-165 Lakewood Terrace Apts Initial 76 76 72
CA-1993-166 Claremont Villas Senior Initial 154 154 154
CA-1993-167 The Inn At Woodbridge Initial 116 116 116
CA-1993-168 Market Heights Apartments Initial 46 46 46
CA-1993-169 Harp Plaza Initial 20 20 20
CA-1993-170 Casa Berendo Initial 20 20 21
CA-1993-172 Downtown Apartments Initial 34 34 32
CA-1993-174 Casa del Rio Senior Housing Initial 82 82 78
CA-1993-176 Annadale Housing Project Initial 222 222 193
CA-1993-177 Beechwood Terrace Initial 25 25 25
CA-1993-178 Sea Gate Village Initial 44 44 44
CA-1993-179 Cambridge Place Initial 24 24 24
CA-1993-181 Lavell Village Initial 49 49 49
CA-1993-901 Marina Pointe Apartments Initial 583 117 119
CA-1993-902 Regency Court Initial 115 115 113
CA-1994-002 Truckee Pines Apartments Initial 104 104 100
CA-1994-005 Oceanside Gardens Apartments Initial 21 21 21
CA-1994-006 Villa San Miguel Initial 50 50 50
CA-1994-007 Huron Garden Apartments Initial 38 38 37
CA-1994-010 Grey Goose Townhomes Initial 9 9 9
CA-1994-018 Holly Courts Initial 40 40 40
CA-1994-020 Gabreila Apartments Initial 29 29 29
CA-1994-023 Salandini Villa Initial 148 146 146
CA-1994-025 Rincon de los Esteros Initial 246 246 246
CA-1994-026 Coit Apartments Initial 106 105 105
CA-1994-030 Round Walk Village Initial 129 127 124
CA-1994-031 The Gardens Initial 20 20 17
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1994-032 Park Place Apartments Initial 49 49 49
CA-1994-035 Golden Oak Manor Initial 50 50 49
CA-1994-036 Hollywood El Centro Apartments Initial 88 88 88
CA-1994-037 Villa Del Norte Initial 88 88 88
CA-1994-040 Villa Loma Apartments Initial 344 344 335
CA-1994-041 Doreatha Mitchell Apartments Initial 30 29 29
CA-1994-042 Edward Hotel Initial 46 46 46
CA-1994-044 Rancheria Village Apartments Initial 14 14 14
CA-1994-047 Courtyard Apartments Initial 108 108 108
CA-1994-048 Casa Heiwa Initial 100 100 98
CA-1994-051 Irvine Inn Initial 192 192 187
CA-1994-052 El Patio Community Housing Initial 73 73 48
CA-1994-053 Campbell Commons Initial 56 55 55
CA-1994-054 Cawelti Court Initial 28 28 28
CA-1994-056 Casa Velasco Apartments Initial 150 148 148
CA-1994-058 Maplewood Initial 100 100 100
CA-1994-059 Pineview Initial 110 110 110
CA-1994-060 Huntington Hacienda Apartments Initial 117 117 113
CA-1994-064 Mountain View Initial 60 60 60
CA-1994-065 Mark Twain Senior Community Center Initial 106 105 102
CA-1994-066 Walker Commons Initial 57 56 56
CA-1994-067 Foothill Vista Apartments Initial 112 112 126
CA-1994-068 Los Angeles City Lights Initial 32 32 32
CA-1994-071 East Fullerton Villas Initial 27 27 25
CA-1994-072 Corona Ranch Initial 74 74 69
CA-1994-073 Eden Palms Apartments Initial 150 150 139
CA-1994-078 Paul Mirabile Center Initial 175 175 175
CA-1994-079 Pensione K Initial 130 130 128
CA-1994-080 Church Lane Initial 22 21 18
CA-1994-081 Casa de Los Robles Initial 6 6 6
CA-1994-082 555 Ellis Street Family Apartments Initial 38 38 38
CA-1994-083 Vista Grande Initial 24 24 19
CA-1994-090 Rose Valley Apartments Initial 36 36 34
CA-1994-091 Middletown Garden Apartments Initial 36 35 33
CA-1994-092 Murphys Senior Apartments Initial 24 24 23
CA-1994-093 Lake Isabella Senior II Apartments Initial 40 39 44
CA-1994-095 Prospect Villa III Apartments Initial 30 29 29
CA-1994-096 Montague Apartments Initial 28 28 27
CA-1994-100 Merrill Road Apartments Initial 15 15 15
CA-1994-103 Terracina Apartments at Cathedral City Initial 80 80 79
CA-1994-106 Alamar Apartments Initial 24 24 21
CA-1994-108 Mayacamas Village Apts Initial 51 50 48
CA-1994-113 Mecca Apartments II Initial 60 59 52
CA-1994-117 Laurel Creek Apartments Initial 24 24 24
CA-1994-121 Terraces Apartments Initial 190 188 185
CA-1994-122 Firebaugh Garden Apartments Initial 40 40 38
CA-1994-123 Chowchilla Garden Apartments Initial 54 53 52
CA-1994-125 Alamar Apartments II Initial 80 80 72
CA-1994-127 Corning Garden Apartments Initial 38 37 35
CA-1994-128 Mariposa Apartments Initial 34 34 29
CA-1994-130 El Patio Community Housing Phase II Initial 40 40 48
CA-1994-131 Midtown Gardens Initial 205 141 141
CA-1994-134 Tyler Park Townhomes III Initial 28 28 28
CA-1994-135 Tyler Park Townhomes Initial 30 30 29
CA-1994-138 Gabilan Hills Townhomes Initial 100 100 99
CA-1994-139 La Casa Grande Initial 1 1 1
CA-1994-140 Tyler Park Townhomes II Initial 30 30 30
CA-1994-141 The Harrison Hotel Initial 81 81 80
CA-1994-143 Tabor Courts Initial 25 25 24
CA-1994-144 Gramercy Court Initial 16 16 107
CA-1994-146 Huff Avenue Family Housing Initial 72 72 69
CA-1994-147 Villa Florentina Initial 13 13 12
CA-1994-148 Avenida Terrace Apartments Initial 8 8 8
CA-1994-149 Casa Velasquez Initial 13 13 13
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1994-152 Hazeltine Apartments Initial 35 34 35
CA-1994-153 Wyandotte Apartments Initial 73 72 73
CA-1994-157 Poco Way Family Housing Initial 129 128 128
CA-1994-159 205 Jones Street Apartments Initial 51 51 n/a
CA-1994-160 Columbia Park Initial 50 49 n/a
CA-1994-161 1101 Howard Street Initial 34 34 n/a
CA-1994-162 White Oak-Lassen Apartments Initial 80 80 72
CA-1994-165 Auburn Heights Initial 160 160 160
CA-1994-167 The Altamont Hotel Initial 88 88 84
CA-1994-170 Mt. Whitney Plaza Initial 29 29 26
CA-1994-176 Valle de Las Brisas Initial 81 80 80
CA-1994-180 Cedar Road Apts Initial 40 39 40
CA-1994-181 La Hacienda Apartments Initial 36 35 35
CA-1994-186 Seasons at la Quinta Initial 91 91 89
CA-1994-190 Danbury Park Initial 140 139 137
CA-1994-192 Creekview Apartments Initial 36 36 35
CA-1994-196 Athens Glen Apartments Initial 51 51 51
CA-1994-197 Morehouse Apartments Initial 41 41 41
CA-1994-198 Alejandro Rivera Senior Citizens Apts II Initial 82 82 82
CA-1994-203 Adams-Congress Apartments Initial 46 46 45
CA-1994-205 Park Meadows Initial 140 138 138
CA-1994-207 Knox Glen Apartments Initial 54 53 53
CA-1994-208 Valencia House Initial 46 46 42
CA-1994-209 Ironbark Apartments Initial 20 20 20
CA-1994-210 The Oaks at Joiner Ranch Initial 88 87 87
CA-1994-216 Cambridge Court Initial 140 132 132
CA-1994-220 Crossing at North Loop (Tarmigan Terrace) Initial 112 112 112
CA-1994-901 Shasta Villa Apartments Initial 20 20 4
CA-1994-902 Willowbrook Apartments II Initial 96 22 20
CA-1994-905 The Rose Gardens Initial 132 132 133
CA-1994-906 Victoria Woods-San Bernardino Initial 178 178 170
CA-1995-002 LA Town Homes Initial 7 7 7
CA-1995-006 1500 Orange Place Initial 32 31 31
CA-1995-008 Serrano Apartments Initial 42 42 41
CA-1995-009 Roscoe Apartments Initial 25 25 25
CA-1995-011 Budlong Avenue Apartments Initial 12 12 12
CA-1995-012 Hotel Woodland Initial 76 76 70
CA-1995-014 Roosevelt Townhomes Initial 22 22 22
CA-1995-020 San Vicente Townhomes Initial 50 50 48
CA-1995-024 Harden Ranch Apartments Initial 100 100 100
CA-1995-031 Jasmine Heights Apartments Initial 128 126 122
CA-1995-033 Klamath Gardens Initial 17 17 17
CA-1995-037 Jardines del Valle Initial 18 18 18
CA-1995-038 Mezes Court Initial 82 82 80
CA-1995-039 Hyde Park Place Apartments Initial 30 30 29
CA-1995-040 Gateway Village Initial 48 47 47
CA-1995-041 School House Station Initial 47 46 42
CA-1995-043 Villa Metropolitano Initial 53 53 53
CA-1995-044 Almond Court Initial 36 35 35
CA-1995-045 Alabama Court Initial 42 42 n/a
CA-1995-047 Good Samaritan Family Apartments Initial 20 20 0
CA-1995-049 Gower Street Apartments Initial 55 55 53
CA-1995-051 Juan Pifarre Plaza Initial 30 29 27
CA-1995-054 Gloria Way Community Housing Initial 38 38 38
CA-1995-055 Main Street Affordable (Main Street Park I) Initial 36 36 36
CA-1995-056 Pickering Place Initial 43 43 40
CA-1995-057 Euclid Villa Transition Housing Initial 15 15 13
CA-1995-059 Oxnard Villa Initial 40 40 39
CA-1995-060 Parthenia Court Initial 25 25 25
CA-1995-061 Reseda Village Initial 42 42 42
CA-1995-064 Heritage Park at Hanford Initial 81 80 80
CA-1995-066 Marsh Creek Apartments Initial 126 126 124
CA-1995-069 Hayes Valley Phase I & II Initial 195 195 195
CA-1995-070 Noble Pines Apartments Initial 68 67 66
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1995-071 Ashwood Court Apartments Initial 72 72 69
CA-1995-072 Washington Court Initial 30 30 30
CA-1995-073 Sycamore Street Commons Initial 60 60 57
CA-1995-074 Lyric Hotel Initial 58 58 58
CA-1995-075 Plaza-Ramona Apartments Initial 63 61 61
CA-1995-076 Washington Courtyard Initial 90 90 88
CA-1995-077 Parkside Apartments Initial 79 79 79
CA-1995-078 Ohlone Court Apartments Initial 135 135 134
CA-1995-079 Santa Alicia Initial 88 88 84
CA-1995-081 Strobridge Court Apartments Initial 96 96 96
CA-1995-082 Figueroa Senior Housing Initial 66 66 58
CA-1995-083 Normandie Senior Housing Initial 75 75 75
CA-1995-086 Yerba Buena Commons Initial 257 256 243
CA-1995-091 Rumrill Place Apartments Initial 32 31 31
CA-1995-093 Hamilton Apartments Initial 92 92 n/a
CA-1995-095 Summerhill Apartments Initial 128 128 125
CA-1995-097 479 Natoma Street Initial 30 30 30
CA-1995-098 2300 Van Ness Ave. Apartments Initial 22 22 22
CA-1995-099 Kennedy Court Initial 32 32 21
CA-1995-101 Sky Parkway Estates Initial 80 79 14
CA-1995-102 Greenway Village Initial 54 54 14
CA-1995-103 Westgate Townhomes Initial 40 40 38
CA-1995-104 Mountain View Townhomes Initial 37 36 36
CA-1995-105 Land Park Woods Initial 75 75 75
CA-1995-106 Parkview Family Apartments Initial 90 90 89
CA-1995-108 Hobson Way Family Housing/ Casa San Juan Initial 64 63 n/a
CA-1995-109 Cecilia Place Initial 16 16 16
CA-1995-111 Bristlecone Apartments Initial 32 32 32
CA-1995-114 Rose Hotel Initial 75 75 70
CA-1995-116 Gilroy Park Apartments Initial 74 74 68
CA-1995-117 Brentwood Park Apartments Initial 80 80 80
CA-1995-119 Placer Village Apartments Initial 76 75 75
CA-1995-123 Canoas Terrace Apartments Initial 112 112 111
CA-1995-128 Palos Verde Apartments Initial 32 32 31
CA-1995-131 Terracina Apartments at Laguna Creek Initial 136 134 134
CA-1995-132 Villa Siena Apartments Initial 126 124 120
CA-1995-133 Villa Cortina Apartments Initial 116 114 115
CA-1995-135 Terracina at Morgan Hill Initial 76 76 75
CA-1995-141 Quinn Cottages Initial 60 60 59
CA-1995-142 Charleston Place Apartments Initial 82 80 72
CA-1995-143 University Park Apartments Initial 20 20 20
CA-1995-145 Casa Seville / Memory Park Initial 53 53 53
CA-1995-146 Alderwood Initial 80 80 80
CA-1995-157 Villa Robles Apartments aka Jaye Family Apartments Initial 100 100 92
CA-1995-738 Normont Terrace (1996-145) Initial 200 200 196
CA-1995-901 Vista Valle Townhomes Initial 48 48 n/a
CA-1995-903 Plaza del Sol Sr. Apts Initial 80 80 78
CA-1995-904 Ramona Sr. Project Initial 44 44 44
CA-1995-907 Warwick Square Apartments Initial 500 500 485
CA-1995-908 Amanda Park Initial 396 208 391
CA-1995-910 Coral Wood Court Apartments Initial 106 106 105
CA-1995-912 The Knolls Apartments aka Villa Santiago Initial 260 260 252
CA-1995-913 Seasons Senior Apartments at San Juan Capistrano Initial 112 112 108
CA-1995-914 Lakewood Senior Apartments/Seasons II at Lakewood Initial 85 85 84
CA-1995-915 Harmony Court Apartments Initial 187 187 183
CA-1995-916 Metro Center Senior Homes Initial 60 59 59
CA-1995-917 Century Village Initial 100 79 96
CA-1996-001 Monterra Village Associates Initial 33 33 34
CA-1996-002 5th and Wilshire Apartments Initial 32 32 32
CA-1996-004 Oak Ridge Apartments Initial 80 80 80
CA-1996-005 San Pedro New Hope Courtyard Initial 10 10 9
CA-1996-007 Waldorf Manor Apartments Initial 51 50 45
CA-1996-009 Decro Nordhoff Apts. Initial 38 38 39
CA-1996-013 The Knolls Initial 62 61 61
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1996-016 Willowbrook Initial 10 10 10
CA-1996-018 Elizabeth Court Initial 26 26 26
CA-1996-020 Los Pinos Court Initial 23 23 23
CA-1996-026 Nevada Commons Initial 32 32 32
CA-1996-029 Cambria Apartments Initial 40 39 40
CA-1996-030 Oak Forest Apartments aka Elm Village Initial 20 20 90
CA-1996-032 Taft Senior Apartments Initial 60 59 57
CA-1996-037 Apollo Hotel Initial 80 80 78
CA-1996-040 Brentwood Garden Apartments Initial 80 80 79
CA-1996-041 Gilroy Garden Apartments Initial 74 74 74
CA-1996-044 Bodega Hills Apartments Initial 24 24 21
CA-1996-045 TM Chambers Manors Initial 19 18 n/a
CA-1996-046 Sheraton Town House Initial 142 141 142
CA-1996-047 Figueroa Oaks Initial 31 31 32
CA-1996-048 Pico Gramercy Family Hsg Initial 49 48 49
CA-1996-050 Tremont Street Apartments Initial 21 20 21
CA-1996-051 Shattuck Senior Homes Initial 26 26 26
CA-1996-052 Wilcox Apartments Initial 23 23 23
CA-1996-058 Hemet Vistas Apartments Initial 72 72 72
CA-1996-060 Cottonwood Place Apartments Initial 109 109 109
CA-1996-061 Stocker St./54th St./Victoria Manor Apts Initial 44 44 43
CA-1996-062 South of Romneya Initial 176 174 176
CA-1996-063 Madison Place Initial 56 56 56
CA-1996-064 Alma Place Initial 106 106 107
CA-1996-065 Palmer House Initial 67 67 67
CA-1996-067 Astoria Place Townhomes Initial 18 18 18
CA-1996-068 39 West Apartments Initial 34 34 31
CA-1996-070 Sunshine Terrace Initial 50 50 50
CA-1996-072 Tres Palmas Initial 19 19 19
CA-1996-074 Schoolhouse Lane Apartments Initial 24 24 24
CA-1996-075 Pacific Terrace Associates Initial 28 28 29
CA-1996-076 Canyon Shadows Initial 120 120 120
CA-1996-077 Harmony Gardens Initial 14 14 n/a
CA-1996-078 Vanowen Gardens Initial 15 15 n/a
CA-1996-079 Coy D Estes Senior Housing Initial 130 111 130
CA-1996-082 Plaza Court Initial 103 103 103
CA-1996-083 235 Berendo Apartments aka 235 South Berendo Initial 24 23 22
CA-1996-084 Segundo Terrace aka El Segundo Initial 25 25 25
CA-1996-092 Regency Apartments Initial 77 77 76
CA-1996-096 Rotary Valley Senior Village Initial 80 80 80
CA-1996-099 Golden Villa Apartments aka Golden Villas Initial 32 32 32
CA-1996-103 Vallejo Street Senior Apartments Initial 40 40 39
CA-1996-107 Lincoln Hotel Initial 41 41 37
CA-1996-114 Glenview Apartments Initial 88 88 84
CA-1996-116 Morgan Hill Ranch Initial 80 79 80
CA-1996-117 Palm Court Senior Homes Initial 66 66 66
CA-1996-118 Parkview Senior Apartments Initial 138 138 138
CA-1996-119 Walnut Village Apartments Initial 46 46 46
CA-1996-120 Garnet Lane Apartments Initial 17 17 18
CA-1996-121 Oak Hills Apartments Initial 80 80 76
CA-1996-122 Halifax Apartments Initial 46 46 45
CA-1996-126 Country Manor Initial 40 39 37
CA-1996-131 Coastside Apartments (Moonridge I) Initial 80 79 79
CA-1996-133 Harmony Creek Apartments Initial 83 83 80
CA-1996-137 Harmony Park Apartments Initial 59 58 58
CA-1996-138 Harmony Court Apartments Initial 95 95 93
CA-1996-141 Empress Apartments Initial 14 14 14
CA-1996-142 Vintage Pointe Senior Apartments aka Las Serenas Initial 136 136 135
CA-1996-144 Western Heights Apartments Initial 40 40 36
CA-1996-145 Normont Terrace Phase I Initial 200 200 387
CA-1996-148 Vintage Glen Senior Apartments Initial 124 124 122
CA-1996-156 Cochran City Lights Initial 25 25 25
CA-1996-160 Garland City Lights Initial 72 72 69
CA-1996-161 Westlake City Lights Initial 32 32 32
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1996-171 Lodi Hotel Initial 75 74 69
CA-1996-175 Palm Village Initial 30 30 29
CA-1996-180 Casanova Gardens Initial 27 27 26
CA-1996-181 Sunshine Financial Group II - Dakota Initial 4 4 4
CA-1996-184 Blessed Rock of El Monte Initial 137 137 136
CA-1996-186 Las Jicamas Apartments Initial 46 46 46
CA-1996-190 California Hotel Initial 39 39 35
CA-1996-192 Normandie Village Initial 16 16 15
CA-1996-198 Paseo de los Poetas Initial 21 21 21
CA-1996-199 Rossmore Hotel Initial 60 60 60
CA-1996-203 Palm View Apartments Initial 40 39 41
CA-1996-206 Casa Hernandez Apartments Initial 80 79 79
CA-1996-211 Positano Apartments Initial 117 117 115
CA-1996-217 De Anza Hotel Initial 94 94 94
CA-1996-237 Grant Village Townhomes Initial 40 40 37
CA-1996-239 Rancho Gardens Apartments Initial 118 100 100
CA-1996-245 Linda Vista Senior Apartments Initial 48 47 43
CA-1996-247 Cordova Meadows Apartments Initial 184 183 184
CA-1996-248 St. Mathew Hotel Initial 57 57 56
CA-1996-251 West "A" Homes Initial 43 43 0
CA-1996-262 Stoll House Apartments Initial 11 11 7
CA-1996-264 Olive Wood Apartments Initial 68 68 54
CA-1996-267 Auburn Square Sr. Apartments Initial 79 78 77
CA-1996-269 Quail Place Apartments Initial 58 58 51
CA-1996-905 Brandon Place Sr. Apts Initial 197 197 197
CA-1996-906 Siena at Renaissance (The Enclave) Initial 637 128 132
CA-1996-907 Seasons at Ontario Gateway Plaza Initial 80 78 79
CA-1996-908 Piedmont Apartments Initial 250 250 246
CA-1996-909 Media Village Senior Housing Project Initial 147 146 144
CA-1996-910 Olive Court Apartment Initial 78 76 76
CA-1996-911 The Edgewood Apartments Initial 168 68 168
CA-1996-912 Bridgecourt Apartments Initial 220 90 92
CA-1996-914 Park Vista Apartments Initial 60 60 59
CA-1996-915 Kittridge Park Villa Initial 39 39 39
CA-1996-917 Bermuda Gardens Apartments Initial 80 79 n/a
CA-1996-918 Hampton Square Apartments Initial 350 212 350
CA-1996-919 Kalmia Courtyards Initial 28 28 27
CA-1996-920 Stonegate Apartments Initial 118 118 114
CA-1996-921 Villa Savannah Apartments Initial 140 138 132
CA-1996-925 The Winery Apartments Initial 248 248 228
CA-1996-926 City Gardens Apartments Initial 274 274 268
CA-1997-008 Pensione Bird Initial 110 109 102
CA-1997-011 Village Oak Apartments Initial 115 114 113
CA-1997-013 Casa Del Sol Apts. Initial 80 79 80
CA-1997-016 Casa Encinas at River Heights Apartments Initial 81 80 76
CA-1997-017 Hotel Grand Southern Initial 72 72 68
CA-1997-027 Westside Village Initial 80 80 80
CA-1997-034 Fedora Apartments Initial 23 23 17
CA-1997-039 Casa Nettleton Apartments Initial 28 28 30
CA-1997-040 Oroysom Village Initial 60 59 60
CA-1997-045 Hacienda Sr. Villas Initial 151 150 152
CA-1997-047 Columbia Village Townhomes Initial 80 79 78
CA-1997-048 Figueroa Court Apartments Initial 40 39 37
CA-1997-050 Cecil Williams Glide Community House Initial 52 51 n/a
CA-1997-056 Terra Cotta Apartments Initial 168 167 162
CA-1997-058 Casas San Miquel de Allende Initial 37 36 33
CA-1997-059 Sycamore Park Apartments Initial 59 58 59
CA-1997-064 Vista Nueva Apts. Initial 30 29 28
CA-1997-073 Sequoia Street Apartments Initial 11 10 11
CA-1997-078 Auberry Park Apartments Initial 110 109 104
CA-1997-080 Heavenly Vision Senior Housing, LP Initial 46 45 n/a
CA-1997-082 Diamond Terrace Apartments Initial 62 61 56
CA-1997-086 Windsor Park Apartments Initial 79 78 78
CA-1997-090 Pittsburg Park Apartments Initial 75 74 73
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1997-092 Fairfield Vista Apartments Initial 59 58 58
CA-1997-108 Emerald Gardens Initial 16 15 16
CA-1997-109 Casa Rampart Apartments Initial 68 67 69
CA-1997-121 Park View Terrace Initial 91 91 92
CA-1997-126 Seasons at Simi Valley Initial 69 68 68
CA-1997-134 Vintage Park Sr Apartments Initial 120 119 120
CA-1997-145 Valley Vista Apartments Initial 60 60 59
CA-1997-154 Orozco Villas Initial 32 32 n/a
CA-1997-158 Paz Villas Initial 13 13 n/a
CA-1997-159 Chestnut Village Initial 3 3 3
CA-1997-168 Courtland City Lights Initial 92 91 n/a
CA-1997-176 River Garden Estates Initial 124 124 14
CA-1997-186 The Salvation Army Westwood Transitional Village Initial 40 40 39
CA-1997-189 Minna Park Family Apartments Initial 26 26 26
CA-1997-194 Juniper Street Apartments Initial 14 14 14
CA-1997-200 Park Grand Apartments Initial 62 61 61
CA-1997-213 Imperial Garden Apts. Initial 49 49 n/a
CA-1997-221 Vista Verde Apartments Initial 40 39 37
CA-1997-231 Vineyard Gardens Initial 62 61 61
CA-1997-237 Totlon/Montclair Court Initial 16 15 26
CA-1997-240 Grandview City Lights Initial 32 31 30
CA-1997-246 Vintage Canyon Sr. Apartments Initial 105 105 105
CA-1997-506 Harmony Terrace Initial 136 134 134
CA-1997-507 Northpoint Village Apartments Initial 70 69 66
CA-1997-508 Casa Verde Apartments Initial 30 29 28
CA-1997-513 Gatewood Commons Initial 120 118 116
CA-1997-514 Clara Court Initial 35 35 36
CA-1997-524 Montclair Apartments Initial 79 79 77
CA-1997-525 Creekview Inn Initial 25 24 24
CA-1997-538 Gwen Bolden Manor Initial 24 23 24
CA-1997-545 Madera Family Apartments Initial 75 74 68
CA-1997-547 Forest View Senior Apartments Initial 60 59 57
CA-1997-551 Santa Fe Apartments Initial 88 88 87
CA-1997-555 Oak Grove Apartments Initial 81 80 60
CA-1997-558 The Avalon Initial 70 66 66
CA-1997-565 Vintage Terrace Sr. Apartments Initial 200 200 199
CA-1997-567 Mariposa Townhomes Initial 80 79 79
CA-1997-577 West Creek Villas Initial 88 86 86
CA-1997-586 New Harbor Vista Initial 132 130 128
CA-1997-588 Bryson Family Apartments Initial 81 80 79
CA-1997-593 Villa Hermosa Sr Initial 99 99 100
CA-1997-603 Cottonwood Park Apartments Initial 77 77 77
CA-1997-604 Shingle Terrace Apartments Initial 71 71 71
CA-1997-608 Laurel Tree Apartments Initial 138 136 136
CA-1997-613 Trolley Terrace Initial 18 18 18
CA-1997-901 Westberry Square Apartments Initial 99 99 99
CA-1997-907 4573 Willis Apartments Initial 23 5 21
CA-1997-908 14955 Dickens Court East Initial 18 4 15
CA-1997-909 4701 Natick Apartments Initial 121 25 118
CA-1997-912 4334-4346 Matilija Apartments Initial 54 11 11
CA-1997-913 The Promanade-I Initial 68 52 52
CA-1997-914 The Promanade-II Initial 78 16 17
CA-1997-915 Pacific Point Apartments Initial 213 213 198
CA-1997-916 Ashwood Village Apartments Initial 119 119 117
CA-1997-919 Cochrane Village Apartments Initial 16 16 16
CA-1997-920 Villa Pacifica Senior Community Initial 158 158 157
CA-1997-921 Renwick Square Senior Apartments Initial 150 148 144
CA-1997-922 The Oaks at Joiner Ranch II Initial 120 119 119
CA-1997-923 Montevista Apartments Initial 303 163 159
CA-1997-924 Malabar Apartments Initial 125 125 118
CA-1997-925 Village Place Apartments Initial 46 46 47
CA-1997-928 Plaza Mendoza Apartments Initial 131 131 128
CA-1997-929 Cordova Village Initial 39 39 39
CA-1997-930 Park Villas Apartments Initial 268 268 231
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1997-932 Heritage Park Apartments Initial 195 195 191
CA-1997-933 Park Ridge Apartments Initial 158 64 66
CA-1997-934 Lark Ellen Village Initial 121 121 121
CA-1997-938 Regency Court Sr. Initial 119 119 120
CA-1997-939 Schoolhouse Court Initial 13 13 13
CA-1997-940 Pecan Court Initial 25 24 24
CA-1997-941 Sierra Meadows Apartments Initial 99 99 99
CA-1997-942 Parkside Glen Apartments Initial 180 180 179
CA-1997-943 Sun Garden Plaza Initial 150 147 145
CA-1997-944 Continental Gardens Apartments Initial 298 298 n/a
CA-1997-947 The Village at Lakeside Initial 136 135 135
CA-1997-949 Pinewood Apartments Initial 55 55 55
CA-1997-950 Borregas Court Initial 193 192 185
CA-1997-952 Shorebreeze Apartments Initial 119 119 120
CA-1997-953 Sonoma Court Apartments Initial 61 56 56
CA-1997-954 Mariposa Apartments Initial 65 65 68
CA-1997-955 Heritage Park Sr. Apartments Initial 120 118 119
CA-1997-956 Northstar Apartments Initial 36 36 36
CA-1997-957 Woodsong Village Apartments Initial 111 111 111
CA-1997-958 Palm West Apartments Initial 58 58 56
CA-1997-959 Renaissaance Park Apartments aka Monterey Apts. Initial 125 125 125
CA-1997-960 Pebble Cove Apartments Initial 111 109 106
CA-1997-963 Panas Place Apartments Initial 66 65 63
CA-1997-964 The New Yorker Apartments Initial 34 8 7
CA-1997-965 Storke Ranch Family Apartments Initial 36 36 36
CA-1997-966 Balboa Place Apartments Initial 151 31 141
CA-1997-967 Vista Del Monte Apartments Initial 24 6 6
CA-1997-968 4553 Willis Apartments Initial 21 10 21
CA-1997-970 Plaza Club Apartments Initial 208 42 41
CA-1997-971 Barnsdall Court Apartments Initial 38 37 38
CA-1997-972 Victoria Woods Yorba Linda Initial 124 124 125
CA-1997-974 Little Italy Family Housing Initial 37 15 15
CA-1997-975 Sophia Ridge Apartments Initial 112 45 45
CA-1997-976 Woodbridge Park Apartments Initial 77 31 30
CA-1998-001 Kennedy Estates Initial 100 98 n/a
CA-1998-002 Mayur Town Homes Initial 21 20 20
CA-1998-005 Brookside Senior Apartments Initial 48 41 46
CA-1998-006 Truckee-Donner Senior Citizen Community Initial 60 59 59
CA-1998-007 Portola Senior Citizen Community Initial 50 45 48
CA-1998-008 Lincoln Senior Citizens Apartments Initial 70 69 70
CA-1998-009 Sierra Valley Senior Citizen Community Initial 50 48 49
CA-1998-023 Auburn Court Apartments Initial 60 59 59
CA-1998-027 Bermuda Park Apartments Initial 90 89 89
CA-1998-033 Idaho Apartments Initial 29 28 26
CA-1998-042 Casa Madrid Initial 28 28 29
CA-1998-050 Perris Park Apartments Initial 80 79 76
CA-1998-053 Wilshire Courtyard Initial 102 101 102
CA-1998-060 Villa Hermosa Initial 39 39 39
CA-1998-061 Park Land Senior Apartments Initial 23 22 22
CA-1998-063 Central Gardens I Initial 12 12 n/a
CA-1998-067 Three Palms Apartments Initial 120 111 109
CA-1998-068 Las Palmas II Initial 81 80 78
CA-1998-069 Sierra View Gardens Initial 144 142 129
CA-1998-072 Canyon Hills Senior Housing Initial 74 72 72
CA-1998-075 Cambridge Court Apartments Initial 61 60 61
CA-1998-084 Vintage Woods Apartments Initial 70 69 77
CA-1998-085 Mirada Terrace Apartments Initial 30 29 29
CA-1998-087 Heritage Homes Initial 148 146 n/a
CA-1998-090 The Don Senior Apartments Initial 56 56 58
CA-1998-096 Sycamore Village Initial 30 29 29
CA-1998-102 Oak Tree Village Initial 21 20 20
CA-1998-105 Terracina at Morgan Hill Initial 72 72 70
CA-1998-110 Solano Vista Senior Apartments Initial 96 96 96
CA-1998-117 Sommerhill Townhomes Initial 39 39 36
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1998-120 Roosevelt Street Townhomes II Initial 22 21 22
CA-1998-130 Quan Ying Senior Apartments Initial 20 20 20
CA-1998-144 Irolo Senior Housing Initial 47 46 n/a
CA-1998-145 Eugene Thomas Manor Initial 38 37 n/a
CA-1998-154 Avalon-El Segundo Senior Apartments Initial 42 41 41
CA-1998-174 Vintage Grove Senior Apartments Initial 110 109 110
CA-1998-177 Belridge Street Apartments Initial 12 11 11
CA-1998-179 Southern Hotel Initial 55 53 55
CA-1998-181 East Linda Gardens Initial 103 101 98
CA-1998-188 Bernal Gateway Apartments Initial 55 54 50
CA-1998-191 Kenmore Apartments Initial 21 20 20
CA-1998-198 Northside Commons Initial 83 82 75
CA-1998-213 Vista Park I Initial 83 82 82
CA-1998-214 Gateway Plaza Apartments Initial 107 102 102
CA-1998-219 Casa del Sol Initial 54 53 51
CA-1998-222 The Sheridan Apartments Initial 56 56 56
CA-1998-233 Meadowview Apartments Initial 170 168 152
CA-1998-234 Royal Heights Apartments Initial 120 119 120
CA-1998-241 Pablo Rodriguez Plaza Apartments Initial 81 80 80
CA-1998-259 Sycamore Walk Initial 112 110 110
CA-1998-262 Palm Gardens Apts Initial 22 21 21
CA-1998-266 Aurora Village Initial 132 129 97
CA-1998-507 Greenridge Initial 34 33 33
CA-1998-517 Harris Court Initial 20 19 20
CA-1998-524 Caliente Creek Initial 45 45 45
CA-1998-528 Toussaint Teen Center Initial 21 21 17
CA-1998-531 Creekside Apartments Initial 81 80 80
CA-1998-535 Orchard Villas Initial 82 80 80
CA-1998-537 Vintage Knolls Senior Apartments Initial 92 92 91
CA-1998-546 Cottonwood Senior Apartments Initial 81 80 80
CA-1998-559 Casa Garcia Initial 14 14 14
CA-1998-565 Kailani Village Initial 188 182 182
CA-1998-567 San Antonio Garden Initial 65 65 64
CA-1998-570 Casablanca Apartments Initial 200 198 198
CA-1998-594 Blythe Street Apartments Initial 31 31 32
CA-1998-800 Benton Green Apartments Initial 38 37 38
CA-1998-802 Bridgeport Properties I Initial 157 155 157
CA-1998-803 Bridgeport Properties II Initial 244 242 152
CA-1998-804 Laurel Gardens Apartments Initial 52 51 52
CA-1998-807 Hidden Creek Apartments Initial 130 128 129
CA-1998-812 Camden Place Apartments Initial 35 35 35
CA-1998-816 Teresina at Lomas Verdes Initial 440 87 88
CA-1998-819 Carlton Court Apartments Initial 61 60 59
CA-1998-820 Hookston Senior Homes Initial 100 99 100
CA-1998-825 Almaden Lake Village Initial 198 50 50
CA-1998-826 Sherman Oaks Gardens & Villas Initial 76 31 31
CA-1998-901 Somerset Glen Apartments Initial 160 160 159
CA-1998-902 16th Street Apartments Initial 17 17 17
CA-1998-903 Park Glenn Apartments Initial 150 150 146
CA-1998-904 Santa Paula Village Apartments Initial 55 55 56
CA-1998-906 Lange Drive Family Initial 74 74 74
CA-1998-907 The Village at 9th Apartments Initial 240 239 286
CA-1998-908 The Village at Shaw Apartments Initial 204 203 203
CA-1998-910 The Lakes at Selma Initial 38 8 8
CA-1998-911 Sorrento Villas Initial 148 148 148
CA-1998-913 Jeffrey Court Seniors Initial 185 184 184
CA-1998-914 Kohler Gardens Apartments Initial 96 96 92
CA-1998-915 Larchmont Gardens Apartments Initial 116 116 112
CA-1998-916 Sundale Arms Initial 132 130 129
CA-1998-917 Blossom River Apartments Initial 143 143 143
CA-1998-918 West Capital Courtyard II Initial 74 74 73
CA-1998-919 Britton Courts Initial 92 91 n/a
CA-1998-920 Cudahy Gardens Initial 99 99 99
CA-1998-921 Bella Vista Apartments Initial 148 148 148
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1998-922 Riverside Gardens Initial 190 188 188
CA-1998-923 El Corazon Apartments Initial 12 11 12
CA-1998-924 The Alhambra Apartments Initial 160 68 68
CA-1998-925 East Bluff Apartments Initial 144 142 132
CA-1998-929 Seasons at Chino Initial 102 102 100
CA-1998-930 Sunset Manor Apartments Initial 148 146 146
CA-1998-931 The Promenade Initial 124 124 125
CA-1998-932 Casa La Palma Apartments Initial 269 269 266
CA-1998-933 Del Nido Apartments Initial 206 205 196
CA-1998-934 Rio Vista Apartments Initial 158 158 156
CA-1998-936 Villa Serena Apartments Initial 136 136 136
CA-1998-938 Palms Apartments Initial 332 332 330
CA-1998-941 Fox Creek Apartments Initial 126 124 126
CA-1998-942 Greenback Manor Apartments Initial 156 156 155
CA-1998-943 Westchester Park Initial 149 149 147
CA-1998-944 Sienna Vista (Shady Tree) Initial 296 295 259
CA-1998-946 Phoenix Apartments Initial 184 184 163
CA-1998-948 Cedarbrook Initial 70 70 70
CA-1998-949 Orangevale Apartments Initial 64 64 64
CA-1998-954 Windmere II Initial 58 57 58
CA-1998-955 Eureka Senior Housing Initial 22 22 21
CA-1998-956 Mountain View Estates Initial 145 97 94
CA-1998-957 Maryce Freelen Place (aka Latham Park) Initial 74 74 72
CA-1998-958 Owl's Landing Initial 72 71 71
CA-1998-959 Carrington Pointe Initial 80 79 79
CA-1998-960 Whispering Woods Initial 406 402 402
CA-1998-961 Lexington Square (Bedford Square) Initial 130 128 128
CA-1998-962 Palm Garden Apartments Initial 224 223 222
CA-1998-963 Mountain View Manor Apartments Initial 200 200 199
CA-1998-964 Liberty Village Initial 100 98 98
CA-1998-966 Bouquet Canyon Senior Living Initial 264 264 261
CA-1998-967 Orchard Gardens Apartments Initial 62 61 62
CA-1998-968 Abajo Del Sol Senior Apartments Initial 61 60 61
CA-1998-969 Mission Village Apartments Initial 76 75 75
CA-1998-970 Villa Garcia (Island Village) Initial 80 79 79
CA-1998-973 Cedar Tree Apartments Initial 143 143 143
CA-1998-974 Central Park Apartments Initial 149 148 147
CA-1998-975 Woodcreek Terrace Sr. Initial 104 103 103
CA-1998-977 Marina Vista I Initial 88 88 88
CA-1998-978 Marina Vista II Initial 148 147 144
CA-1998-979 Marina Heights Initial 152 151 151
CA-1998-980 Stockton Gardens Apartments Initial 80 79 79
CA-1998-981 Stockton Terrace Apartments Initial 80 79 79
CA-1998-984 Brizzolara Apartments Initial 30 30 n/a
CA-1998-985 Aldea Park Apartments Initial 41 40 39
CA-1998-986 Maidu Village Phase II Initial 84 82 82
CA-1998-987 College Park Apartments Initial 54 53 47
CA-1998-989 President John Adams Manor Initial 300 299 281
CA-1998-991 The Arbors Initial 60 59 59
CA-1998-994 Larchmont Arms Apartments Initial 64 64 62
CA-1998-995 Friendship Estates Apartments Initial 76 74 74
CA-1998-996 Orangewood Court Apartments Initial 91 91 86
CA-1998-997 Clovis Senior Apartments Initial 101 101 101
CA-1999-001 Eucalyptus View Co-operative Initial 24 23 n/a
CA-1999-002 Las Palmeras Initial 77 76 76
CA-1999-004 Brookview Senior Housing Initial 102 100 100
CA-1999-005 Hemet Vistas II Initial 71 71 71
CA-1999-009 East Canon Perdido Initial 7 7 8
CA-1999-014 De La Vina Frail Seniors (reapp 97-233) Initial 98 97 96
CA-1999-016 Ellis Street Apartments Initial 25 24 24
CA-1999-017 San Martin De Porres Apartments (reapp 98-010) Initial 116 115 115
CA-1999-022 Park Plaza Senior Apartments Initial 203 200 201
CA-1999-023 Winona Gardens Apartments Initial 68 66 66
CA-1999-024 Martha's Village Initial 34 34 31
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1999-029 Highland Village Initial 91 89 85
CA-1999-031 Downey Senior Apartments Initial 31 29 31
CA-1999-034 Lincoln Hotel Initial 41 40 40
CA-1999-036 Detroit Street Senior Housing Initial 10 10 10
CA-1999-037 Washington Square Apartments Initial 57 56 54
CA-1999-041 Maryland Apartments Initial 30 29 29
CA-1999-044 Senderos Initial 12 12 12
CA-1999-045 Amistad Initial 23 23 23
CA-1999-048 Templeton Place Initial 29 28 28
CA-1999-051 Casas de Sueno Initial 10 10 13
CA-1999-054 Addington Way Homes Initial 2 2 2
CA-1999-055 Moro Lindo Townhomes Initial 30 29 29
CA-1999-057 The Crossings Apartments Initial 100 99 96
CA-1999-059 El Cerrito Townhomes Initial 60 59 60
CA-1999-060 Wavecrest Apartments Initial 20 19 20
CA-1999-062 San Pedro Commons Initial 74 73 73
CA-1999-065 Canon Barcus Community House Initial 48 47 43
CA-1999-067 Park William Apartments Initial 31 30 30
CA-1999-073 Jeffrey-Lynne Apartments Phase I Initial 200 192 193
CA-1999-080 Vista Park Senior Homes, Phase II Initial 83 82 83
CA-1999-083 Adams Senior Gardens Initial 38 36 n/a
CA-1999-090 Fox Normandie Apartments Initial 48 47 42
CA-1999-091 Vista Verde Townhomes Initial 76 75 76
CA-1999-093 Brandon Apartments Initial 32 31 28
CA-1999-094 Tolton Court (reapp 96-055) Initial 10 10 25
CA-1999-096 Villa Ciolino Initial 42 41 42
CA-1999-097 Northpoint II Village Apartments Initial 40 32 40
CA-1999-100 Monterey Pines Initial 324 259 259
CA-1999-105 The Hoover Hotel Initial 50 49 51
CA-1999-106 San Andreas Farm Labor Canp Initial 43 42 40
CA-1999-113 Italian Gardens Family Housing Initial 148 117 144
CA-1999-116 Village Crossing Apartments Initial 196 129 193
CA-1999-121 Oak Center Apartments Initial 77 76 76
CA-1999-128 Noble Senior Housing Initial 85 84 84
CA-1999-129 Old Elm Village Initial 87 68 85
CA-1999-130 Plaza East Apartments Initial 193 193 193
CA-1999-133 Firehouse Village Initial 30 23 30
CA-1999-134 Moonridge II Initial 80 79 78
CA-1999-144 Emerald Hill (96-261 additional credits) Initial 46 45 45
CA-1999-145 Laurel Glen Apartments Initial 64 63 64
CA-1999-150 Odd Fellows Senior Housing Initial 14 14 n/a
CA-1999-160 San Joaquin Vista Apartments Initial 48 47 47
CA-1999-163 Santa Inez Apartments Villas Initial 44 43 42
CA-1999-165 International Boulevard Family Housing Initial 30 29 30
CA-1999-167 Tara Hills Garden Apartments (reapp 1997-520) Initial 60 59 58
CA-1999-168 Towne Square Apartments Initial 51 50 51
CA-1999-170 Pismo-Buchon Apartments Initial 11 10 10
CA-1999-173 Casa de Canoga Apartments Initial 102 101 102
CA-1999-174 Villages at Cabrillo Initial 196 196 196
CA-1999-175 Live Oaks Garden Initial 40 32 40
CA-1999-178 Emerald Pointe Townhomes Initial 19 18 19
CA-1999-181 Diamond Cove Townhomes (Carrington Circle) Initial 59 59 58
CA-1999-182 The Hazel Hotel (96-088) Initial 13 13 13
CA-1999-183 The Ridge Apartments Initial 80 79 77
CA-1999-196 Sunrise Vista Apartments Initial 58 57 57
CA-1999-197 Hudson Bay Apartments Initial 80 79 74
CA-1999-200 Porvenir Estates Initial 40 39 39
CA-1999-208 Vintage Brook Senior Apartments Initial 148 147 147
CA-1999-213 Villa Escondido Apartments Initial 112 112 111
CA-1999-215 Sierra Vista Apartments Initial 48 47 48
CA-1999-222 Casa del Sol Family Apartments Initial 81 79 73
CA-1999-225 Park Place Apartments Initial 80 79 79
CA-1999-229 Cantamar Villas Initial 38 36 36
CA-1999-233 Shadowbrook Apartments Initial 80 79 80
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1999-242 Fullerton Residential Hotel Initial 137 134 133
CA-1999-246 Adams City Lights Initial 31 30 30
CA-1999-247 Quail Hills Initial 96 76 95
CA-1999-249 Willow Tree Villages Initial 49 48 n/a
CA-1999-251 Orange Tree Village Initial 21 20 19
CA-1999-256 Truckee Riverview Homes Initial 39 38 39
CA-1999-804 Village Avante Apartments Initial 112 110 110
CA-1999-805 Don De Dios Apartments Initial 70 68 70
CA-1999-806 Palo Alto Gardens Initial 156 155 151
CA-1999-807 Citrus Tree Apartments Initial 81 80 77
CA-1999-808 Mission Bay Apartments Initial 120 119 117
CA-1999-810 Alpine Woods Apartments Initial 137 136 129
CA-1999-811 North Hills Apartments Initial 204 203 199
CA-1999-812 The Parks at Fig Garden Initial 365 365 365
CA-1999-813 Delta Pines Initial 186 185 181
CA-1999-814 Casa Blanca Initial 129 128 121
CA-1999-815 Sunridge Apartments Initial 198 198 197
CA-1999-817 Lancaster Manor Apartments Initial 248 245 221
CA-1999-820 Van Nuys Pierce Park Apartments Initial 430 426 424
CA-1999-823 Woodside Court Apartments Initial 129 127 123
CA-1999-824 Shadowbrook Apartments Initial 193 191 182
CA-1999-825 Laurel Village Apartments Initial 41 33 41
CA-1999-826 Vista Del Sol Initial 132 130 132
CA-1999-827 Woodmark Apartments Initial 173 171 155
CA-1999-830 Standiford Gardens AKA Emerald Pointe Initial 249 249 249
CA-1999-834 Wildomar Senior Leisure Living Initial 176 175 176
CA-1999-835 Saratoga Senior Apts Initial 108 107 107
CA-1999-836 Sycamore Pointe Apts Initial 136 135 127
CA-1999-838 Sutter Terrace Initial 100 99 98
CA-1999-839 Northgate Apartments Initial 82 81 82
CA-1999-840 Southwest Summit Rose - Rosewood Initial 91 89 87
CA-1999-841 The Willows Apartments Initial 47 46 43
CA-1999-842 The Apartments at Silverado Creek Initial 102 100 101
CA-1999-845 Watercrest Apartments Initial 206 205 187
CA-1999-846 Thornbridge Apartments (The Gardens) Initial 286 285 274
CA-1999-847 Baldwin Village Scattered Sites & Watson II Initial 83 83 83
CA-1999-849 Springdale West Apartments Initial 410 406 406
CA-1999-851 Ridgecrest Apartments Initial 148 147 145
CA-1999-852 Park Villas Initial 166 164 153
CA-1999-858 Ohlone_Chynoweth Commons Initial 194 192 181
CA-1999-860 Villa Serena Apartments Initial 132 131 132
CA-1999-861 Lion Villas Apartments Initial 272 230 270
CA-1999-862 Miraido Apartments Initial 109 37 40
CA-1999-863 Willow Pointe at Lindale Apartments Initial 210 208 208
CA-1999-864 Preservation I Initial 89 87 87
CA-1999-865 Preservation II Initial 109 104 104
CA-1999-866 Preservation III Initial 48 44 44
CA-1999-867 Preservation IV Initial 30 29 29
CA-1999-868 Preservation V Initial 124 118 118
CA-1999-869 Delta View Apartments Initial 205 203 203
CA-1999-870 Park David Senior Apartments Initial 241 240 240
CA-1999-873 Nantucket Bay Apartments Initial 160 158 160
CA-1999-879 The Oaks at Sunset (aka Sunset Apts at Rocklin) Initial 112 111 110
CA-1999-881 Rosewood Park Senior Apts Initial 94 93 94
CA-1999-882 Vista Sonoma Senior Living Apartments Initial 189 189 174
CA-1999-883 Peninsula Park Apartments Initial 129 65 64
CA-1999-886 Papago Court / Apple Valley Apartments Initial 48 47 38
CA-1999-887 Laurel Park Apartments Initial 133 131 n/a
CA-1999-889 Washington Court Family Initial 102 100 100
CA-1999-890 Grandview Nine Apartments Initial 62 61 n/a
CA-1999-892 Alegria Initial 45 44 43
CA-1999-893 Hope Village Initial 67 65 66
CA-1999-897 Westside Village Apartments Initial 40 39 40
CA-1999-898 Lake Park Apartments Initial 104 103 42
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-1999-899 Parkwood Apartments Initial 180 178 178
CA-1999-900 Delta Village Apartments Initial 80 79 79
CA-1999-901 Light Tree Apartments Initial 94 93 86
CA-1999-902 Casa Ramon Apartments Initial 75 74 72
CA-1999-903 Golden Gate Apartments Initial 72 55 n/a
CA-1999-904 Carson Terrace Initial 62 61 53
CA-1999-906 Emerald Glen Apartments Initial 240 239 239
CA-1999-907 The Waterman Apartments Initial 128 127 127
CA-1999-908 Concord-Huntington Park Apartments Initial 162 160 161
CA-1999-913 The Benton (fka Civic Center Drive Apartments) Initial 322 65 n/a
CA-1999-916 Arbor Terrace Initial 86 85 78
CA-1999-917 The Verandas Initial 92 91 90
CA-1999-920 Nova Pointe 1 Apartments (Phase I) Initial 156 155 149
CA-1999-921 Nova Pointe 1 Apartments (Phase II) Initial 130 52 70
CA-1999-922 Village Green Apartments Initial 184 181 174
CA-1999-923 Chelsea Gardens Apartments Initial 120 118 118
CA-1999-924 Vintage Court Sr Apartments Initial 125 124 122
CA-1999-925 Park Sierra at Iron Horse Trail Initial 283 57 56
CA-1999-926 Los Altos Apartments Initial 67 27 27
CA-1999-927 Swan's Market Hall Apartments Initial 18 17 16
CA-1999-929 Springwood Initial 393 387 387
CA-1999-932 Bayview Courtyard Apts. Initial 29 28 29
CA-1999-933 West Oaks Apartments Initial 52 52 50
CA-1999-936 Watts/Athens Preservation XVII Initial 100 100 100
CA-2000-004 Casitas del Sol Initial 36 35 35
CA-2000-005 Corona de Oro Apartments Initial 72 71 72
CA-2000-006 Dewey Hotel Initial 43 42 n/a
CA-2000-008 Jeffrey-Lynne Neighborhood Revitalization, PhaseII Initial 108 99 97
CA-2000-011 Sonya Gardens Apartments Initial 60 59 58
CA-2000-013 Don Carlos Apartments Initial 30 23 27
CA-2000-016 Fuente de Paz Apartments Initial 37 36 36
CA-2000-021 Chico Gardens Apartments Initial 92 91 91
CA-2000-023 Villa del Guadalupe Initial 60 59 59
CA-2000-025 Park Lane Family Apartments Initial 117 116 0
CA-2000-027 Eugene Hotel Initial 44 43 44
CA-2000-032 Foothill Family Apartments Initial 65 64 n/a
CA-2000-037 Ventaliso Apartments Initial 48 36 48
CA-2000-038 Main Street Apartments Initial 28 27 28
CA-2000-042 Hollyview Senior Apartments Initial 100 79 n/a
CA-2000-044 Norwood Annex Initial 15 15 14
CA-2000-045 Adeline Street Lofts Initial 38 37 38
CA-2000-053 Simpson Arbor Apartments Initial 83 82 n/a
CA-2000-058 El Jardin Apartments Initial 81 80 77
CA-2000-060 River Garden Apartments Initial 81 80 n/a
CA-2000-064 Cherry Tree Village Initial 104 82 82
CA-2000-075 Mountain View Townhomes Initial 68 67 67
CA-2000-078 Ambassador Hotel Initial 134 133 133
CA-2000-088 Avalon Terrace Nicolet Initial 38 31 38
CA-2000-094 Arbor Park Community Initial 75 59 73
CA-2000-095 Jamacha Glen Apartments Initial 52 43 51
CA-2000-098 Esseff Village Apartments Initial 51 50 49
CA-2000-099 Bayview Commons Apartments Initial 30 29 27
CA-2000-101 Seabreeze Apartments Initial 38 29 38
CA-2000-110 Monte Vista Gardens Family Housing Initial 144 114 97
CA-2000-117 Sierra Village Apartment Homes Initial 72 56 n/a
CA-2000-118 Oakley Summer Creek Initial 80 79 80
CA-2000-119 Whispering Pines Apartments Initial 96 94 92
CA-2000-120 Wilshire City Lights Initial 21 17 18
CA-2000-121 Angels City Lights Initial 49 39 48
CA-2000-122 Gateway City Lights Initial 72 56 72
CA-2000-124 Rancho Gardens Initial 16 12 16
CA-2000-125 Porvenir Estates II Initial 40 39 39
CA-2000-127 Diamond Terrace Apartments Initial 86 64 84
CA-2000-136 Villa del Mar Initial 48 37 46
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2000-139 Goldware Senior Housing Initial 162 136 n/a
CA-2000-147 Richard N. Hogan Manor Initial 51 50 45
CA-2000-148 Osage Senior Villas Initial 91 72 n/a
CA-2000-149 Vineyard Apartments Initial 65 52 52
CA-2000-150 HomeSafe Santa Clara Initial 25 24 21
CA-2000-152 AMISTAD Apartments Initial 49 48 46
CA-2000-155 The Bayanihan House Initial 152 151 144
CA-2000-156 Cottonwood Creek Initial 40 39 39
CA-2000-158 Victory Gardens Initial 15 15 n/a
CA-2000-159 Mecca Family Housing Initial 31 30 65
CA-2000-162 Oakland Point , L.P. Initial 31 31 n/a
CA-2000-170 Jay's Place Initial 41 32 39
CA-2000-172 Villa de las Flores Apartments Initial 80 79 80
CA-2000-173 Red Bluff Meadow Vista Apartments Initial 72 56 56
CA-2000-176 FAME West 25th Street Initial 12 12 n/a
CA-2000-180 Victoria Manor Senior Apra Initial 80 79 80
CA-2000-183 Monterey Park Senior Village Initial 114 113 104
CA-2000-185 Eastside Village Family Apartments Initial 78 77 n/a
CA-2000-186 El Centro Senior Villas Initial 81 80 0
CA-2000-187 The Greenery Apartments Initial 95 94 n/a
CA-2000-190 West Mission Corridor Revitalization Project Initial 120 95 114
CA-2000-191 Kimberly Park Apartments Initial 132 104 n/a
CA-2000-192 Villa Paloma Senior Apartments Initial 84 66 n/a
CA-2000-197 Park Terrace Apartments Initial 80 79 73
CA-2000-198 Adeline Street Apartments Initial 19 18 19
CA-2000-204 Summercreek Place Initial 40 31 39
CA-2000-208 Montevista Senior Apartments Initial 82 66 n/a
CA-2000-213 SOMA Studios Initial 88 87 n/a
CA-2000-214 MORH I Housing Initial 124 125 123
CA-2000-218 Northside Senior Housing Initial 96 75 75
CA-2000-235 Comfrey Senior Living Initial 56 44 51
CA-2000-237 Vacaville Hillside Seniors Initial 15 12 14
CA-2000-250 Village Pointe Apartments Initial 200 199 200
CA-2000-251 Meera Town Homes Initial 21 16 16
CA-2000-252 Greene Street Townhomes Initial 36 28 28
CA-2000-256 Happy Valley City Lights Initial 70 56 54
CA-2000-257 Mission City Lights Initial 46 36 36
CA-2000-259 Terracina Gold Apartments, Village 1 & 3 Initial 160 120 n/a
CA-2000-261 Vacaville Meadows Initial 65 50 63
CA-2000-263 Villa La Jolla Initial 55 54 54
CA-2000-266 Vintage Crossing Senior Apartments Initial 161 128 n/a
CA-2000-800 Maplewood Apartments Initial 79 78 78
CA-2000-801 CCBA Senior Garden Initial 45 44 44
CA-2000-802 River's Bend Apartments Initial 77 76 n/a
CA-2000-804 Pacific Palms Apartments Initial 139 137 134
CA-2000-806 Brookhollow Apartments Initial 188 85 85
CA-2000-807 Mission Village Terrace Initial 84 83 83
CA-2000-808 Grace Avenue Housing Initial 84 83 83
CA-2000-809 The Villaggio II Initial 65 64 64
CA-2000-812 Sierra Vista Apartments Initial 192 190 183
CA-2000-814 The Stratton Apartments (dba Mt. Aguilar Apts) Initial 312 217 226
CA-2000-815 Canyon Rim Apartments Initial 504 353 334
CA-2000-816 Coggins Square Apartments Initial 87 87 84
CA-2000-818 Vista La Rosa Initial 240 238 238
CA-2000-820 Quail Run Initial 200 199 178
CA-2000-821 Santa Rosa Garden Initial 111 109 109
CA-2000-822 Steinbeck Commons Apartments Initial 100 99 99
CA-2000-824 Shadow Palms Apartments Initial 144 143 141
CA-2000-825 Eastridge Apartments Initial 80 78 78
CA-2000-826 Vintage Woods Senior Apartments Initial 185 185 183
CA-2000-827 Cottage Estates Initial 152 152 145
CA-2000-828 Rancho Carrillo Apartments Initial 116 76 114
CA-2000-831 Regency Centre Initial 100 99 99
CA-2000-832 St. Regis Park Initial 119 118 115
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2000-834 Ivy Hill Apartments Initial 116 47 46
CA-2000-835 Orange Grove Apartments Initial 24 23 24
CA-2000-836 Wisconsin III Apartments Initial 26 25 n/a
CA-2000-837 Kings Villages Initial 313 312 313
CA-2000-838 Vintage Chateau Senior Apartments Initial 240 238 237
CA-2000-839 Southwind Court Apartments Initial 88 68 63
CA-2000-840 Laurel Glen Initial 128 127 125
CA-2000-841 Emerald Gardens Apartments Initial 110 108 110
CA-2000-842 Sea Wind Apartments Initial 91 90 90
CA-2000-843 Cobblestone Apartments Initial 64 63 63
CA-2000-844 Park Vista Apartments Initial 392 392 389
CA-2000-846 Woodstone Apartments Initial 56 55 55
CA-2000-847 Silver Ridge Apartments Initial 156 155 n/a
CA-2000-849 Paulin Creek Apartments Initial 48 44 44
CA-2000-850 Misty Village Apartments Initial 24 23 133
CA-2000-851 Las Palmas Apartments Initial 92 69 53
CA-2000-852 Cypress Villa Apartments Initial 72 71 72
CA-2000-853 Island Gardens Apartments Initial 122 122 106
CA-2000-856 Tahoe Valley Townhomes Initial 70 68 66
CA-2000-857 Santa Ana Towers Initial 200 199 198
CA-2000-858 Main Street Plaza Initial 110 109 110
CA-2000-859 Villa Torre Family Apartments - Phase I Initial 103 102 88
CA-2000-861 Miramar Apartments Initial 159 32 32
CA-2000-863 Stone Creek Apartments Initial 120 119 119
CA-2000-864 Bijou Woods Apartments Initial 92 90 89
CA-2000-865 Courtyard Plaza Apartments Initial 81 80 80
CA-2000-866 University Gardens Apartments Initial 113 111 113
CA-2000-868 Stuart Drive Apts. & Rose Garden Apts. Initial 239 239 237
CA-2000-870 Park Glenn Senior Apartments Initial 18 17 18
CA-2000-873 Pinecrest Apartments Initial 24 23 19
CA-2000-874 Camara Circle Apartments Initial 52 50 45
CA-2000-875 Villa Paseo Senior Residences Initial 110 108 105
CA-2000-876 Le Mirador Senior Apartments Initial 141 140 136
CA-2000-877 Sienna Senior Apartments Initial 140 139 115
CA-2000-882 Cedar Springs Apartments Initial 201 199 n/a
CA-2000-884 Heritage Park at Hilltop Initial 192 190 184
CA-2000-886 Maria Manor Initial 119 118 n/a
CA-2000-887 Antonia Manor Initial 133 132 n/a
CA-2000-888 Mission Suites Apartments Initial 117 116 116
CA-2000-889 Notre Dame Apartments Initial 204 201 n/a
CA-2000-890 Pioneer Park Plaza Apartments Initial 161 160 161
CA-2000-893 Clayton Crossing (formerly known as Driftwood Apts Initial 296 296 253
CA-2000-894 Thomas Paine Square Apartments Initial 98 97 n/a
CA-2000-896 Craig Gardens Initial 90 89 89
CA-2000-897 El Parador Senior apartments Initial 125 124 124
CA-2000-898 La Brea Gardens Initial 185 182 n/a
CA-2000-899 Greenfair Apartments Initial 387 385 n/a
CA-2000-900 Pioneer Garden Apartments Initial 141 140 139
CA-2000-901 Claremont Village Apartments Initial 150 149 149
CA-2000-902 Plum Tree Apartments Initial 70 69 69
CA-2000-903 Magnolia City Lights Initial 54 53 51
CA-2000-904 Harbor City Lights Initial 56 55 55
CA-2000-905 Normandy Park Senior Apartments Initial 116 92 91
CA-2000-906 Countrywood Village Apartments Initial 292 289 n/a
CA-2000-907 Park Place Apartments Initial 142 141 141
CA-2000-908 The Verandas Apartments Initial 180 179 n/a
CA-2000-910 Runnymeade Gardens Initial 78 77 77
CA-2000-911 Homestead Park Initial 211 209 204
CA-2000-912 Heritage Villas Senior Housing Initial 143 142 143
CA-2000-913 Virginia Lane Apartments Initial 91 89 91
CA-2001-001 Orchard Villas II Initial 72 72 n/a
CA-2001-005 Hillside Community Apartments Initial 71 70 n/a
CA-2001-006 Casa Grande Apartments Initial 81 80 n/a
CA-2001-011 Goshen Village Initial 64 63 63
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2001-012 Castelar Apartments Initial 101 100 n/a
CA-2001-013 Fontana Senior Apartments Initial 108 107 106
CA-2001-014 Milagro del Valle Initial 46 46 n/a
CA-2001-018 California Villas Initial 34 33 n/a
CA-2001-019 Dalt Hotel Initial 177 177 n/a
CA-2001-020 The West Hotel Initial 105 104 n/a
CA-2001-021 Alexander Residence Initial 179 178 n/a
CA-2001-026 Grant Heights Park Apartments Initial 28 27 n/a
CA-2001-028 Linbrook Court Initial 81 80 n/a
CA-2001-029 Mesa Family Apartments Initial 42 41 n/a
CA-2001-033 Poplar Grove Initial 50 49 n/a
CA-2001-034 Marlton Manor Initial 151 150 n/a
CA-2001-036 Riverwood Place Initial 148 146 n/a
CA-2001-037 Rivers Hotel Initial 76 74 n/a
CA-2001-043 Drachma Housing Initial 19 19 n/a
CA-2001-047 Bowen Court Initial 20 20 n/a
CA-2001-048 Cascade Apartments Initial 74 73 n/a
CA-2001-050 Los Adobes De Maria II Initial 52 51 n/a
CA2001-051 Sunrise Villa Initial 56 56 55
CA-2001-051 Sunrise Villa Initial 44 43 43
CA-2001-053 River View Initial 80 78 n/a
CA-2001-054 West Rivertown Apartments Initial 57 56 n/a
CA-2001-055 Cornerstone Apartments Initial 36 35 n/a
CA-2001-058 Bigby Villa Apartments Initial 180 179 156
CA-2001-061 Tully Gardens Initial 153 152 n/a
CA-2001-062 La Primavera Apartments Initial 36 35 n/a
CA-2001-063 Tesoro Grove Apartments Initial 106 104 n/a
CA-2001-065 Innes Heights Apartments Initial 19 18 n/a
CA-2001-068 Jackson Aisle Apartments Initial 30 29 n/a
CA-2001-075 The Village at Mendota Initial 81 80 n/a
CA-2001-080 Coventry Heights Initial 76 75 n/a
CA-2001-084 Hotel Redding Initial 47 48 n/a
CA-2001-085 Stonegate Senior Apartments Initial 20 19 n/a
CA-2001-087 North Oakland Senior Housing Initial 65 64 n/a
CA-2001-088 Downs Senior Housing Initial 17 16 n/a
CA-2001-095 Plaza de Leon Apartments Initial 20 19 n/a
CA-2001-097 Chestnut Linden Court Initial 151 149 n/a
CA-2001-098 Sycamore Place Initial 74 73 n/a
CA-2001-100 Market Square Manor Initial 200 198 n/a
CA-2001-101 Brawley Family Apartments Initial 80 79 76
CA-2001-102 Villa Harvey Mandel Initial 90 90 n/a
CA-2001-103 Hovley Gardens Initial 163 162 n/a
CA-2001-104 Villa Lara Apartments Initial 80 79 n/a
CA-2001-105 Calexico Family Apartments Initial 80 79 n/a
CA-2001-106 Casa de la Paloma aka Arvin Family Apartments Initial 43 42 38
CA-2001-107 Terracina Meadows Initial 156 120 n/a
CA-2001-109 Sereno Village Apartments Initial 125 124 n/a
CA-2001-120 Villas Santa Fe Initial 81 80 n/a
CA-2001-121 Victory Townhomes/Evergreen Estates Initial 76 73 14
CA-2001-124 Ladan Apartments Initial 10 10 n/a
CA-2001-125 Ladan Apartments II Initial 147 146 n/a
CA-2001-126 Cache Creek Apartments Homes Initial 80 79 n/a
CA-2001-134 Sungrove Senior Apartments Initial 82 80 n/a
CA-2001-135 Mountain View Senior Apartments Initial 86 84 n/a
CA-2001-137 Pleasant Village Apartments Initial 100 99 n/a
CA-2001-148 Bentley City Lights Initial 36 35 n/a
CA-2001-150 Miramar City Lights Initial 49 48 n/a
CA-2001-152 Burlington City Lights Initial 40 39 n/a
CA-2001-156 Elysian City Lights Initial 21 20 n/a
CA-2001-157 Ardmore City Lights Initial 48 47 n/a
CA-2001-167 Gadberry Courts Initial 55 54 n/a
CA-2001-168 Deliverance Temple I & II Initial 82 80 n/a
CA-2001-169 Rose Gardens Initial 66 65 n/a
CA-2001-170 Las Flores Family Apartments Initial 81 80 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2001-800 River Court Apartments Initial 160 80 161
CA-2001-802 Heritage Park on Woodman Initial 155 153 147
CA-2001-803 Greentree Senior Apartments Initial 272 270 n/a
CA-2001-804 Iris Gardens Initial 120 118 118
CA-2001-805 Pavilion Apartments Initial 132 129 129
CA-2001-806 Park Manor Apartments Initial 81 80 69
CA-2001-807 Helzer Courts Apartments Initial 155 154 150
CA-2001-808 Hale-Morris-Lewis Senior Manor Initial 41 40 39
CA-2001-810 8th and Howard Family Apartments Initial 74 73 n/a
CA-2001-811 Vintage Shores Senior Apartments Initial 122 120 n/a
CA-2001-812 The Reserve at Napa Initial 117 116 n/a
CA-2001-813 Lenzen Housing Initial 88 87 n/a
CA-2001-814 Tice Oaks Initial 91 90 89
CA-2001-815 Vista Las Flores Initial 28 27 28
CA-2001-816 Shadow Hill Apartments Initial 82 81 n/a
CA-2001-817 Cobblestone Village Apartments Initial 44 43 43
CA-2001-818 Heritage Pointe Senior Apartments Initial 49 48 49
CA-2001-819 Torrey Del Mar Apartments Initial 112 110 n/a
CA-2001-820 Grayson Creek Apartments Initial 70 69 n/a
CA-2001-821 The Brooks House Initial 63 62 n/a
CA-2001-822 Cielo Vista Apartments Initial 112 111 103
CA-2001-823 Lakeview Terrace Apartments Initial 128 125 127
CA-2001-824 Holiday Manor Apartments Initial 252 251 246
CA-2001-825 Old Grove Apartments Initial 56 55 n/a
CA-2001-826 Vintage Zinfandel Senior Apartments Initial 129 128 n/a
CA-2001-827 Monticelli Apartments Initial 52 51 n/a
CA-2001-828 Quo Vadis Apartments Initial 104 102 n/a
CA-2001-829 Cesar Chavez Gardens Initial 47 46 n/a
CA-2001-830 Torrey Highlands Apartments Initial 76 75 76
CA-2001-831 Hilltop Commons Apartments Initial 324 169 309
CA-2001-832 Heninger Village Apartments Initial 58 57 n/a
CA-2001-833 Riverwood Grove Initial 71 70 n/a
CA-2001-834 Charter Oaks Apartments Initial 75 74 75
CA-2001-835 1045 Mission Apartments Initial 258 55 54
CA-2001-836 John Burns Gardens Initial 100 99 n/a
CA-2001-837 RiverTown Apartments Initial 100 99 n/a
CA-2001-839 Stanford Arms/ Villa Serena II Apts Initial 120 119 n/a
CA-2001-841 Lincoln Apartments Initial 150 148 n/a
CA-2001-842 Crocker Oaks Apartments Initial 131 66 66
CA-2001-844 Vintage Gardens Senior Apartments Initial 188 186 188
CA-2001-845 Compton Garden Initial 18 18 17
CA-2001-846 Casa Bonita Senior Apartments Initial 80 79 n/a
CA-2001-847 Marina Towers Annex Initial 57 56 55
CA-2001-849 Coronado Terrace Initial 312 310 n/a
CA-2001-850 The Piedmont Initial 198 42 n/a
CA-2001-851 Stanley Avenue Apartments Initial 24 23 n/a
CA-2001-852 Vista Terrace Hills Apartments Initial 262 260 261
CA-2001-853 Stone Pine Meadow Initial 72 71 71
CA-2001-856 Ocean Beach Apartments Initial 85 84 85
CA-2001-857 San Lucas Senior Housing Initial 196 194 n/a
CA-2001-858 Island Village Apartments Initial 280 280 n/a
CA-2001-859 Birchcrest Apartments Initial 64 62 61
CA-2001-860 Villaggio Senior Apartments Initial 79 78 n/a
CA-2001-861 Villa Torre Family Apartments - Phase 2 Initial 88 87 n/a
CA-2001-862 Serenity Villas Initial 174 173 171
CA-2001-863 Tennyson West Apartments Initial 96 94 94
CA-2001-864 Wakeham Grant Apartments Initial 127 126 125
CA-2001-865 Baldwin Hills Apartments Initial 58 57 57
CA-2001-866 Rowland Heights Apartments Initial 144 142 142
CA-2001-868 Terracina at Wildhorse Initial 70 41 68
CA-2001-869 Terracina Gold, Village II Initial 120 93 n/a
CA-2001-870 Parkside Apartments Initial 40 39 40
CA-2001-871 The Vintage at Napa Initial 115 115 106
CA-2001-872 El Rancho Verde Apartments Initial 700 696 693
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2001-873 Plaza Manor Apartments Initial 372 370 372
CA-2001-874 Willow Glen Senior Apartments Initial 133 132 n/a
CA-2001-875 Monte Vista Gardens Senior Housing Initial 69 68 n/a
CA-2001-876 Redwood Oaks Apartments Initial 36 35 n/a
CA-2001-877 Community Garden Towers Initial 333 332 332
CA-2001-878 Namiki Apartments Initial 34 33 34
CA-2001-879 Curtis Johnson Apartments Initial 48 47 n/a
CA-2001-880 Heritage Estates Retirement Community Initial 250 103 n/a
CA-2001-881 Tri-City Housing Initial 142 142 n/a
CA-2001-882 Rancho Cordova Apartments Initial 95 91 n/a
CA-2001-883 Arbor Square Apartments Initial 125 124 n/a
CA-2001-884 Florin Meadows Apartments Initial 244 242 n/a
CA-2001-885 Arlington Creek Apartments Initial 148 89 n/a
CA-2001-886 Kimball Court Initial 95 94 94
CA-2001-887 Summer Field Apartments Initial 268 265 n/a
CA-2001-888 Terramina Square Family Apartments Initial 157 156 n/a
CA-2001-889 Autumnwood Apartments Initial 160 158 n/a
CA-2001-890 Cypress Cove Apartments Initial 198 196 190
CA-2001-891 Poinsettia Station Apartments Initial 92 91 91
CA-2001-893 Union Court Apartments Initial 68 62 n/a
CA-2001-895 Playa del Alameda Apartments Initial 40 39 39
CA-2001-896 La Puente Park Apartments Initial 132 131 127
CA-2001-897 Talega Jamboree Apartments Phase I Initial 124 123 n/a
CA-2001-900 Villa De Guadalupe Initial 101 100 100
CA-2001-901 Parwood Apartments Initial 528 526 n/a
CA-2001-902 Village Green Apartments Initial 75 74 n/a
CA-2001-903 San Rafael Commons Initial 83 50 50
CA-2001-904 Verdes Del Oriente Initial 113 112 n/a
CA-2001-905 Oak Circle Apartments Initial 100 98 n/a
CA-2001-906 So Bay Community Villas (Sunrose) Initial 271 269 n/a
CA-2001-908 Harbor View Villas Initial 60 59 n/a
CA-2001-909 Bella Vista aka Logan Square Apartments Initial 170 169 n/a
CA-2001-910 Heritage Place at Tustin Initial 54 53 n/a
CA-2001-913 Susanville Gardens Apartments Initial 64 32 n/a
CA-2001-914 Courtyards at Penn Valley Initial 42 40 n/a
CA-2001-916 Bay View Vista Apartments Initial 194 192 n/a
CA-2001-917 Park West Apartments Initial 256 180 237
CA-2001-918 Montecito at Williams Ranch Initial 132 130 126
CA-2001-919 Summercrest Villa Senior Apartments Initial 66 65 n/a
CA-2001-920 The Californian Initial 217 217 n/a
CA-2001-921 Season at Miraflores Initial 118 116 n/a
CA-2001-923 Shiraz Senior Housing Initial 61 60 n/a
CA-2001-924 Hampton Place / Gateway Village Initial 56 55 n/a
CA-2001-925 Bellflower Terrace Initial 180 178 n/a
CA-2002-001 Hollywood Western Apartments (Metro Hollywood) Initial 60 59 n/a
CA-2002-002 Harold Way Apartments Initial 51 50 n/a
CA-2002-003 Aliso Village - Phase I Initial 201 200 n/a
CA-2002-004 Santa Cruz Terrace Initial 48 47 48
CA-2002-005 Apple Tree Village Initial 125 122 n/a
CA-2002-006 M.L. Shepard Manor Senior Houisng Initial 90 89 n/a
CA-2002-008 St. George Hotel Initial 88 86 n/a
CA-2002-009 Nueva Vista Initial 48 47 48
CA-2002-010 Mission Palms Initial 107 108 n/a
CA-2002-014 Tully Gardens, Phase II Initial 152 151 151
CA-2002-023 California Avenue Senior Housing Initial 180 178 n/a
CA-2002-028 The Brownstone Hotel Initial 48 47 48
CA-2002-033 Westgate Gardens Apartments Initial 100 99 n/a
CA-2002-037 Fountain Valley Senior (The Jasmine) Initial 156 154 n/a
CA-2002-041 Aliso Village II Apartments Initial 176 175 n/a
CA-2002-045 Casa Figueroa Apartments Initial 49 48 47
CA-2002-048 The EADS Apartments Initial 36 35 n/a
CA-2002-049 Fallbrook View Apartments Initial 80 79 n/a
CA-2002-051 Los Girasoles Initial 11 11 11
CA-2002-056 Nugent Square Initial 32 31 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2002-058 Whitmore Oaks Apartments Initial 53 52 52
CA-2002-063 Peppertree Apartments Initial 81 80 75
CA-2002-069 El Palmar Apartments Initial 81 80 77
CA-2002-071 Northgate Apartments Initial 42 41 40
CA-2002-075 Hamilton Transitional Housing (Phase 1) Initial 59 59 n/a
CA-2002-076 Churchill Downs Apartments Initial 204 163 158
CA-2002-077 Impressions at Valley Center Initial 100 99 100
CA-2002-078 Tides Senior Apartments Initial 36 35 n/a
CA-2002-079 North Beach Place Initial 341 333 n/a
CA-2002-090 Regency Place Senior Apartments Initial 81 80 78
CA-2002-091 Summit Ridge Aprartments Initial 81 80 79
CA-2002-094 Bakersfield Family Apartments Initial 78 77 76
CA-2002-096 Suncrest Apartments Initial 81 80 77
CA-2002-104 Villa Monterey Apartments Initial 81 80 n/a
CA-2002-110 Plaza Grande Initial 92 91 81
CA-2002-111 Casa Puleta Apartments Initial 54 53 n/a
CA2002-117 Courtyards at Arcata Initial 64 63 62
CA-2002-117 The Courtyards at Arcata Initial 64 63 62
CA-2002-118 Almond Terrace Apartments Initial 46 45 42
CA-2002-123 Maryland Heights Initial 49 44 n/a
CA-2002-124 Sunset City Lights Initial 16 12 n/a
CA-2002-129 Temple City Lights Initial 34 33 n/a
CA-2002-132 Emerald Park Initial 21 20 n/a
CA-2002-138 HomeSafe San Jose Initial 25 24 n/a
CA-2002-145 Saltair Place Initial 42 40 42
CA-2002-156 Villas Oscar Romero Initial 50 49 49
CA-2002-165 Metro Villas Initial 120 118 n/a
CA-2002-175 Cypress Ridge Initial 122 120 n/a
CA-2002-177 Wilford Lane Initial 36 35 33
CA-2002-189 The Dudley Initial 75 74 n/a
CA-2002-199 Meta Street Apartments Initial 24 23 n/a
CA-2002-203 Valle Verde Apartments Initial 73 72 66
CA-2002-204 421 Turk Street Apartments Initial 29 28 n/a
CA-2002-212 Sherwood Pointe Apartments Initial 81 80 80
CA-2002-215 Park View Village Initial 81 80 n/a
CA-2002-219 Cambridge Heights Senior Apartments Initial 22 21 22
CA-2002-223 Mandela Gateway Initial 168 166 n/a
CA-2002-226 Casa de Cabrillo (Villages at Cabrillo - Phase II) Initial 204 200 n/a
CA-2002-229 Tierra Encantada Apartments Initial 93 92 n/a
CA-2002-231 Red Bluff Meadows Initial 52 51 n/a
CA-2002-238 Desert Gardens Initial 81 80 80
CA-2002-239 Saybrook Apartments Initial 56 60 n/a
CA-2002-244 Hotel Stockton Initial 156 155 n/a
CA-2002-246 Porterville Family Apartments Initial 78 77 55
CA-2002-250 Broadway Vistas Initial 21 20 n/a
CA-2002-252 Casa Velasco Initial 20 20 n/a
CA-2002-253 Broadway Village I Apartments Initial 16 16 n/a
CA-2002-800 Harvard Glenmary Initial 216 214 n/a
CA-2002-801 Betty Anne Gardens Initial 76 75 75
CA-2002-802 El Paseo Studios Initial 98 97 97
CA-2002-803 Lassen Apartments Initial 81 80 80
CA-2002-805 Carmel Street Apartments Initial 19 18 n/a
CA-2002-806 The Greenbriar Initial 100 20 n/a
CA-2002-807 Far East Building Initial 16 15 15
CA-2002-809 Valley Palms Apartments Initial 354 351 n/a
CA-2002-810 Villa Serena at Stanford Ranch Initial 236 235 235
CA-2002-811 Woodcreek Apartments Initial 80 34 n/a
CA-2002-812 Parkway Village Apartments Initial 120 119 n/a
CA-2002-814 Canyon Run Apartments Initial 51 50 46
CA-2002-815 Chesapeake Bay Apartments Initial 216 150 202
CA-2002-816 Villa Monterey Apartments Initial 120 118 n/a
CA-2002-817 Phoenix Terrace Apartments Initial 89 87 87
CA-2002-822 Bryte Gardens Apartments Initial 108 100 100
CA-2002-823 Detroit Street Family Housing Initial 10 9 10
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2002-824 Lilly Gardens Apartments Initial 84 83 82
CA-2002-825 Willowbrook Apartments Initial 72 71 72
CA-2002-826 The Oaks on Florence Initial 63 62 62
CA-2002-827 Saratoga Senior Apartments Phase II Initial 120 119 119
CA-2002-828 Village at Beechwood Initial 100 99 99
CA-2002-830 Winter Creek Village (aka Windsor Road Apt) Initial 41 40 41
CA-2002-831 Singing Wood Senior Housing Initial 110 109 110
CA-2002-832 Villa Glen Apartments Initial 26 25 n/a
CA-2002-833 Villa Andalucia Apartments Initial 32 31 32
CA-2002-834 Natomas Park Apartments Initial 212 92 91
CA-2002-835 Monarch Village Apartments Initial 206 83 n/a
CA-2002-836 1010 Pacific Avenue Apartments Initial 112 23 n/a
CA-2002-837 Story Plaza Apartments Initial 130 129 n/a
CA-2002-838 Carrillo Place Initial 68 67 67
CA-2002-839 Talega Jamboree Apt Ph. II(Mendocino at Talega II) Initial 62 61 61
CA-2002-840 Little Lake Village Apartments Initial 144 142 144
CA-2002-841 Spring Valley Apartments Initial 60 58 55
CA-2002-842 Canyon Country Senior Apartments Initial 200 198 n/a
CA-2002-843 West Angeles Villas Initial 150 149 n/a
CA-2002-844 Windwood Village Apartments Initial 92 91 92
CA-2002-845 Vintage Willow Creek Senior Apartments Initial 184 183 n/a
CA-2002-847 Amistad Plaza Apartments Initial 56 55 n/a
CA-2002-848 Cameron Park Apartments Initial 158 156 156
CA-2002-850 Community Arms Apartments Initial 133 131 n/a
CA-2002-851 Sunset Square Apartments Initial 96 94 n/a
CA-2002-852 Quail Run Apartments Initial 104 84 99
CA-2002-853 Villa Ramona Initial 71 70 70
CA-2002-854 Cedar Park Apartments Initial 81 80 n/a
CA-2002-855 Monte Vista Gardens Senior Housing II Initial 49 48 45
CA-2002-856 Oak Park Apartments Initial 35 34 n/a
CA-2002-857 Glen Haven Apartments Initial 81 56 80
CA-2002-858 Rich Sorro Commons Initial 100 99 99
CA-2002-859 Church Street Apartments Initial 93 92 n/a
CA-2002-860 Burbank Senior Artist Colony Initial 141 43 n/a
CA-2002-861 Seminole Gardens Apartments Initial 60 59 59
CA-2002-862 Grandon Village Apartments Initial 161 160 n/a
CA-2002-863 Lake Merritt Apartments Initial 55 54 54
CA-2002-864 Cienega Gardens Apartments Initial 180 178 176
CA-2002-865 Heritage Plaza Apartments Initial 180 156 164
CA-2002-866 Victoria Green Initial 132 105 n/a
CA-2002-868 El Centro Loretto Apartments Initial 76 75 75
CA-2002-869 Carter Terrace Initial 101 100 n/a
CA-2002-870 Olen Jones Senior Apartments Initial 96 95 n/a
CA-2002-871 Derek Silva Community Initial 68 68 n/a
CA-2002-872 Leland Polk Senior Community Initial 72 71 n/a
CA-2002-873 Villas del Paraiso Initial 51 50 n/a
CA-2002-876 Walden Glen Apartments Initial 186 185 179
CA-2002-879 Heritage Park at Glendale Initial 52 51 n/a
CA-2002-880 Belvedere Place Apartments Initial 26 25 n/a
CA-2002-881 Plaza del Sol Apartments Initial 70 34 n/a
CA-2002-882 Parkwood Apartments Initial 101 100 n/a
CA-2002-884 Folsom/Dore Apartments Initial 98 96 n/a
CA-2002-885 Atrium Court Apartments Initial 224 202 n/a
CA-2002-886 Terracina Park Meadows Initial 144 116 138
CA-2002-888 North Park Apartments Initial 80 79 n/a
CA-2002-889 White Rock Village Initial 180 167 n/a
CA-2002-890 Hacienda Villa Creek Senior Apartments Initial 80 79 79
CA-2002-892 Highland Creek Apartments Initial 184 183 173
CA-2002-893 Villas at Hamilton Senior Apts. Initial 129 127 n/a
CA-2002-894 Las Ventanas Apartments Initial 239 236 n/a
CA-2002-896 McBride Apartments Initial 80 78 75
CA-2002-897 The Lofts Initial 188 39 n/a
CA-2002-900 The Savannah at Southport Initial 228 118 111
CA-2002-901 Dover Woods Senior Apartments Initial 200 198 198
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2002-902 Dove Canyon Apartments Initial 120 118 n/a
CA-2002-903 Solara Court Initial 132 132 132
CA-2002-904 Canyon Springs Apartments Initial 138 29 n/a
CA-2002-905 Coventry Place Apartments Initial 140 28 n/a
CA-2002-906 Security Building Lofts Initial 153 31 n/a
CA-2002-907 Imperial Highway Apartments Initial 46 45 46
CA-2002-908 Vintage Point Senior Apartments Phase II Initial 186 168 n/a
CA-2002-909 Creekside at Meadow Park Initial 77 76 n/a
CA-2002-910 Orchard Village Initial 48 47 n/a
CA-2002-911 Vintage Paseo Senior Apartments Initial 176 175 n/a
CA-2002-912 Oak Creek Senior Villas Initial 57 56 n/a
CA-2002-913 Creekside Apartments Initial 16 15 n/a
CA-2002-914 River Gardens Apartments Initial 48 47 n/a
CA-2002-915 Orchard Manor Apartments Initial 64 63 n/a
CA-2002-916 The Arc Apartments Initial 9 8 8
CA-2002-917 El Mirage Apartments Initial 34 34 34
CA-2002-918 The Grove Apartments Initial 204 202 n/a
CA-2002-919 Vintage Crest Senior Apartments Initial 190 189 n/a
CA-2002-920 Lincoln Terrace Apartments Initial 80 79 n/a
CA-2002-921 Heritage Park at Cathedral City Initial 153 152 n/a
CA-2002-922 Hidden Brooks (aka:Parkside Terrace) Initial 201 200 n/a
CA-2002-923 Grisham Community Housing Initial 96 94 n/a
CA-2002-924 Heritage Park at Monrovia Initial 78 77 77
CA-2002-926 River Run Senior Apartments Initial 360 356 n/a
CA-2002-928 Summer Breeze Apts (aka Fallen Leaves Apts) Initial 160 159 n/a
CA-2002-929 Palm Terrace Apartments Initial 80 78 78
CA-2002-930 Colonia Corona Apartments Initial 100 99 n/a
CA-2002-931 Murphy Ranch Townhomes Initial 62 61 62
CA-2002-932 Center Pointe Villas Initial 240 236 233
CA-2002-934 Salinas Bay Apartments Initial 95 92 95
CA-2002-935 The Crossing Initial 300 60 n/a
CA-2002-936 Laguna Canyon Apartments Initial 120 118 n/a
CA-2003-001 Lakeside Apartments Initial 10 10 n/a
CA-2003-002 Geel Place Initial 45 44 n/a
CA-2003-003 Las Brisas Community Housing Initial 92 90 n/a
CA-2003-004 Glenneyre Apartments Initial 27 26 n/a
CA-2003-006 Casa Alegre Initial 23 22 n/a
CA-2003-008 Witmer/Columbia Place Initial 43 42 n/a
CA-2003-009 Vermont City Lights Initial 60 58 n/a
CA-2003-010 The Village at Victorville Initial 81 80 n/a
CA-2003-011 DeAnza Gardens Initial 180 179 n/a
CA-2003-017 Cottonwood Place II Initial 61 60 n/a
CA-2003-018 Rolling Hills Village Initial 52 51 n/a
CA-2003-019 Lakeview Terrace Apartments Initial 60 59 n/a
CA-2003-021 New Terminal Hotel Initial 40 39 n/a
CA-2003-026 Tyrol Plaza Senior Apartments Initial 60 59 n/a
CA-2003-028 Rancho de Soto Apartments Initial 33 32 n/a
CA-2003-029 Jasmine Square Apartments Initial 72 71 n/a
CA-2003-032 San Mateo Rotary Floritas Initial 50 47 n/a
CA-2003-033 The Leah Residence (9th & F Street Apartments) Initial 24 23 n/a
CA-2003-035 Jeffrey-Lynne Perimeter Revitalization Initial 118 111 n/a
CA-2003-036 Copper Creek Apartments Initial 48 47 n/a
CA-2003-038 Court Street Apartments Initial 24 23 n/a
CA-2003-040 Jean C. McKinney Manor Initial 50 49 n/a
CA-2003-042 Elderberry at Bethel Initial 74 73 n/a
CA-2003-043 Alegria Apartments Initial 15 14 n/a
CA-2003-046 Curran House Initial 67 66 n/a
CA-2003-049 The Village at Kings Canyon Initial 48 47 n/a
CA-2003-050 Casa de Rosa Apartments Initial 81 80 n/a
CA-2003-051 Easter Hill Apartments, Phase IA Initial 51 50 n/a
CA-2003-054 Tuolumne Village Apartments Initial 81 80 n/a
CA-2003-057 Sunnyside Apartments Initial 121 120 n/a
CA-2003-065 Oak Street Terrace Initial 39 38 n/a
CA-2003-066 University Neighborhood Apartments Initial 27 26 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2003-075 Richmond Townhouses Initial 199 198 n/a
CA-2003-079 Hearthstone Village Initial 81 80 n/a
CA-2003-080 Villa Rose Apartments Initial 53 52 n/a
CA-2003-083 La Amistad Initial 80 79 n/a
CA-2003-084 Mecca III Apartments Initial 58 57 n/a
CA-2003-088 Casa Bella Apartments Initial 96 94 n/a
CA-2003-089 Portofino Villas Initial 174 172 n/a
CA-2003-091 Grand & Venice Family Housing Initial 62 61 n/a
CA-2003-094 Broadway City Lights Initial 49 48 n/a
CA-2003-095 Westwood Vistas Initial 51 50 n/a
CA-2003-098 Mutual Housing at Lemon Hill Initial 74 73 n/a
CA-2003-103 Parlier Family Apartment Initial 62 61 n/a
CA-2003-107 The Fountains at Sierra Initial 93 92 n/a
CA-2003-110 Diamond Cove II Apartments Initial 40 39 n/a
CA-2003-113 Renaissance at North Park Senior Apts. Initial 96 94 n/a
CA-2003-117 Santos Plaza Apartments Initial 37 36 n/a
CA-2003-118 Gateways SRO Housing Initial 30 29 n/a
CA-2003-120 St Anne's Transition Housing & Child Care Develop. Initial 40 39 n/a
CA-2003-124 Yankee Hotel Initial 80 78 n/a
CA-2003-125 Canyon Creek Apartments Initial 68 66 n/a
CA-2003-133 Windsor Court & Stratford Place Initial 86 85 n/a
CA-2003-139 Park Creek Village Initial 48 47 n/a
CA-2003-143 Palmer Heights Apartments Initial 61 60 n/a
CA-2003-145 Tesoro Del Valle Initial 121 119 n/a
CA-2003-146 Camino Al Oro Initial 102 100 n/a
CA-2003-152 Orchard View Apartments Initial 81 80 n/a
CA-2003-154 Bridgeway East aka Rotary Bridgeway Initial 18 18 n/a
CA-2003-162 Summercrest Apartments Initial 72 70 n/a
CA-2003-163 Sierra Village Initial 61 60 n/a
CA-2003-164 Daybreak Apartments Initial 61 60 n/a
CA-2003-169 Lindsay Family Apartments Initial 61 60 n/a
CA-2003-172 Maganda Park Initial 20 20 n/a
CA-2003-175 Hood Street Family Apartments Initial 27 26 n/a
CA-2003-176 P Street Family Apartments Initial 21 20 n/a
CA-2003-179 Plaza Apartments Initial 106 106 n/a
CA-2003-180 Valle Del Sol Townhomes Initial 76 74 n/a
CA-2003-182 Wicklow Square Apartments (aka Dublin Sr. Housing) Initial 54 53 n/a
CA-2003-185 Jackson Cornerstone Initial 64 62 n/a
CA-2003-187 River Crest Initial 36 35 n/a
CA-2003-188 Phoenix Park I Initial 178 176 n/a
CA-2003-190 Alameda Terrace Initial 34 33 n/a
CA-2003-191 Main Street Vistas Initial 49 48 n/a
CA-2003-192 Tehachapi Senior I and Shafter Senior Manor Initial 71 69 n/a
CA-2003-195 Monte Vista Apartments Initial 64 52 n/a
CA-2003-196 Figueroa Place Initial 33 32 n/a
CA-2003-199 Pinewood Court Apartments Initial 72 71 n/a
CA-2003-202 Mariposa Gardens Initial 63 62 n/a
CA-2003-800 Kennedy Meadows Apartments Initial 56 55 n/a
CA-2003-801 Glenbrook Apartments Initial 60 51 n/a
CA-2003-802 Walnut Grove Senior Apartments Initial 60 59 n/a
CA-2003-803 101 San Fernando Apartments Initial 323 67 n/a
CA-2003-804 Villa Solera Apartment Homes Initial 100 99 n/a
CA-2003-805 Los Arcos Apartments Initial 84 83 n/a
CA-2003-807 LA 78 Preservation Project Initial 78 78 n/a
CA-2003-808 Town Center Apartments Initial 75 15 n/a
CA-2003-810 Hollywood Palms Apartments Initial 94 93 n/a
CA-2003-811 Breezewood Village Initial 122 120 n/a
CA-2003-813 Brisa Del Mar Village Apartments Initial 106 105 n/a
CA-2003-814 Bernal Dwellings Apartments Initial 160 156 n/a
CA-2003-816 Creekside Apartments Initial 185 184 n/a
CA-2003-818 Metropolitan Lofts Initial 264 53 n/a
CA-2003-819 Heritage Park at Arcadia Initial 54 53 n/a
CA-2003-820 La Costa Paloma Initial 180 178 n/a
CA-2003-821 Gateway Santa Clara Initial 42 41 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2003-822 Branham Lane Apartments Initial 175 174 n/a
CA-2003-823 Corralitos Creek Apartments Initial 64 63 n/a
CA-2003-824 Fremont Oak Gardens Initial 51 49 n/a
CA-2003-825 Skyline Village Initial 73 72 n/a
CA-2003-826 Mariposa Apartments Initial 106 105 n/a
CA-2003-827 Havenhurst Apartments Initial 24 23 n/a
CA-2003-828 Hidden Cove Apartments Initial 88 87 n/a
CA-2003-829 Tyrella Gardens Initial 56 55 n/a
CA-2003-830 Pujol Street Senior Apartments Initial 66 65 n/a
CA-2003-831 Salinas Pointe Apts. (aka Los Padres Apts.) Initial 219 162 n/a
CA-2003-832 Potrero Senior Housing Initial 53 52 n/a
CA-2003-833 Orchard Park Apartments Initial 144 143 n/a
CA2003834 The Surf Apartments Initial 46 35 n/a
CA-2003-835 Asbury Apartments Initial 97 58 n/a
CA-2003-836 Pacific Towers Senior Apartments Initial 100 99 n/a
CA-2003-837 Benicia Point aka Burgess Point Initial 56 55 n/a
CA-2003-838 Castaic Lake Senior Apartments Initial 150 149 n/a
CA-2003-839 Camino Del Sol Senior Apartments Initial 120 118 n/a
CA-2003-840 Westgate Courtyards Initial 204 203 n/a
CA-2003-841 Turnleaf Apartments Initial 152 151 n/a
CA-2003-842 Muirlands at Windemere Apartments Initial 350 349 n/a
CA-2003-843 Herald Hotel Initial 73 72 n/a
CA-2003-844 Vista Montana Apartments Initial 132 130 n/a
CA-2003-845 Cinnabar Commons Initial 245 243 n/a
CA-2003-846 Mission Gateway Initial 121 120 n/a
CA-2003-847 Channel Island Park Apartments Initial 152 150 n/a
CA-2003-848 Broadway Village II Initial 50 49 n/a
CA-2003-849 Westmorland Family Apartments Initial 64 64 n/a
CA-2003-850 Countryside Apartments Initial 72 72 n/a
CA-2003-852 Noble Tower Initial 195 194 n/a
CA-2003-853 Ping Yuen Center Initial 82 81 n/a
CA-2003-854 Breezewood Apartments Initial 157 156 n/a
CA-2003-855 Oroville Apartments Initial 62 61 n/a
CA-2003-856 Willow Oaks Apartments Initial 60 59 n/a
CA-2003-857 Hacienda de Feliz Initial 25 24 n/a
CA-2003-859 Del Rio Terrace Apartments Initial 41 40 n/a
CA-2003-860 L.A. Colorado Terrace Initial 70 42 n/a
CA-2003-861 The Oaks at Almaden Initial 126 125 n/a
CA-2003-862 Oak Court Apartments Initial 53 52 n/a
CA-2003-863 Holtville Gardens Apartments Initial 80 80 n/a
CA-2003-864 City Towers Initial 231 229 n/a
CA-2003-865 Anise Turina Apartments Initial 28 27 28
CA-2003-866 Imperial Gardens Apartments Initial 80 80 n/a
CA-2003-868 Riviera Apartments Initial 27 27 n/a
CA-2003-870 Tierra del Sol Initial 119 118 n/a
CA-2003-871 Villa Madera Initial 72 71 n/a
CA-2003-872 Downtown River Apartments Initial 81 80 n/a
CA-2003-873 Baywood Apartments Initial 77 76 76
CA-2003-874 Mission Creek Senior Community Initial 140 139 n/a
CA-2003-875 Point Reyes Affordable Homes Initial 27 26 n/a
CA-2003-876 The Gardens at Ironwood Senior Apartments Initial 172 138 n/a
CA-2003-877 Tremont Green Initial 36 35 n/a
CA-2003-878 Parkside Village Apartments Initial 76 75 75
CA-2003-879 The Willows Initial 76 76 n/a
CA-2003-881 Montecito Vista Apartment Homes Initial 162 161 n/a
CA-2003-882 Windrow Apartments Initial 96 94 n/a
CA-2003-883 SEASONS at Los Robles Initial 59 58 n/a
CA-2003-884 Agave at Elk Grove Initial 188 187 n/a
CA-2003-885 Sunnyslope Apartments Initial 31 31 n/a
CA-2003-886 Campus Gardens Apts (aka: Mulberry Gardens) Initial 126 125 123
CA-2003-887 Moore Village Initial 59 58 n/a
CA-2003-888 Sacramento Senior Homes Initial 40 39 n/a
CA-2003-889 Arbor Ridge Apartments Initial 178 36 n/a
CA-2003-890 Views at 270 Initial 56 55 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2003-891 Azure Park Apartments Initial 212 217 n/a
CA-2003-892 Casa Colina Del Sol Initial 75 74 n/a
CA-2003-893 Market Street Townhomes Initial 60 59 n/a
CA-2003-894 Canyon Creek Townhomes Initial 36 35 n/a
CA-2003-895 Rancho del Norte Apartments Initial 119 118 n/a
CA-2003-896 Heritage Village Apartments Initial 50 49 49
CA-2003-897 Carlton Country Club Villas Initial 130 129 130
CA-2003-898 Coyote Run II Apartments Initial 66 65 n/a
CA-2003-899 Lorenzo Creek Apartments Initial 28 27 n/a
CA-2003-900 Knolls at Green Valley Apartments Initial 200 199 n/a
CA-2003-901 Westminster Senior Apartments Initial 92 91 n/a
CA-2003-902 Saticoy Gardens (aka Cecil Younger Gardens) Initial 30 29 n/a
CA-2003-903 The Salvation Army SF Silvercrest Residence Initial 257 254 n/a
CA-2003-905 Chelsey Mutual Housing Initial 30 29 n/a
CA-2003-906 Copper Creek Apartments Initial 156 155 n/a
CA-2003-907 Via Roble Apartments Initial 87 64 n/a
CA-2003-908 Bella Monte Apartments Initial 52 51 n/a
CA-2003-911 Maidu Village Phase III Initial 76 75 n/a
CA-2003-912 Casitas Del Rio Apartments Initial 40 39 n/a
CA-2003-913 Lorena Terrace Apartments Initial 49 47 n/a
CA-2003-914 Sky Parkway Apartments Initial 59 58 n/a
CA-2003-915 Hermosa Vista Apartments Initial 88 87 n/a
CA-2003-916 Northpointe Park Apartments Initial 180 144 n/a
CA-2003-919 Vintage at Laguna Initial 158 157 n/a
CA-2003-920 Beachview Villa Initial 107 106 n/a
CA-2003-921 Ocean View Garden Apartments Initial 62 62 n/a
CA-2003-926 Villa Cesar Chavez Initial 52 51 n/a
CA-2003-927 Beverly Towers Initial 189 189 n/a
CA-2003-929 Lincoln Creek Apartments Initial 172 141 n/a
CA-2003-930 The St. Anton Building Initial 65 13 n/a
CA-2003-931 Hallmark House Apartments Initial 72 71 n/a
CA-2003-934 The Breakers at Bayport Initial 52 51 n/a
CA-2003-935 Cottonwood Village aka Camellia Village Apartments Initial 86 85 n/a
CA-2003-936 Moulton Plaza Initial 66 65 n/a
CA-2003-938 Corona Park Apartments Initial 160 158 n/a
CA-2003-941 Sunset Villa Apartments Initial 52 51 n/a
CA-2003-942 Brierwood Court Initial 74 73 n/a
CA-2004-001 Easter Hill Apartments, Phase IB Initial 67 65 n/a
CA-2004-003 The Courtyard at Bay Road Initial 74 76 n/a
CA-2004-004 Rainbow Apartments Initial 89 87 n/a
CA-2004-005 Lillian Place Initial 74 59 n/a
CA-2004-006 26th & Santa Monica Family Housing Initial 44 43 n/a
CA-2004-007 Samara Terrace Initial 52 51 n/a
CA-2004-009 Villa Del Rey Initial 48 47 n/a
CA-2004-010 1424 Broadway Apartments Initial 41 41 n/a
CA-2004-012 Willow Point Apartments Initial 25 24 n/a
CA-2004-013 Talmadge Senior Village Initial 91 90 n/a
CA-2004-014 Palomar Apartments Initial 27 26 n/a
CA-2004-015 Easter Hill Apartments - Phase II Initial 123 83 n/a
CA-2004-016 Pisgah Village Initial 47 46 n/a
CA-2004-017 Orange Grove Gardens Initial 38 37 n/a
CA-2004-021 Arroyo de Paz I Apartments Initial 60 59 n/a
CA-2004-023 Riverview Apartments Initial 81 80 n/a
CA-2004-026 Zaninovich Village Senior Apartments Initial 81 80 n/a
CA-2004-029 Shasta Courtyards Initial 61 60 n/a
CA-2004-031 Summerset Apartment Homes Initial 61 60 n/a
CA-2004-033 Serna Village Initial 84 83 n/a
CA-2004-042 Sonterra Apartments Initial 54 53 n/a
CA-2004-045 Casa Bella -1B Initial 80 80 n/a
CA-2004-046 Casa La Paz Initial 61 60 n/a
CA-2004-049 Las Brisas Apartments Initial 66 65 n/a
CA-2004-050 Los Abuelitos Senior Apartments Initial 25 24 n/a
CA-2004-053 Hamilton Transitional Housing, Phase 2 Initial 41 41 n/a
CA-2004-057 Yorba Linda Palms Apartments Initial 44 43 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2004-058 Cortina d' Arroyo Initial 108 107 n/a
CA-2004-059 Arbor Grove Initial 150 150 n/a
CA-2004-061 Harvard Heights Apartment Homes Initial 47 46 n/a
CA-2004-066 Casa Loma Family Apartments Initial 113 112 n/a
CA-2004-068 Pacific City Lights Initial 42 41 n/a
CA-2004-070 1200 Park Avenue Apartments Initial 107 106 n/a
CA-2004-071 Los Arboles Family Apartments Initial 81 80 n/a
CA-2004-073 Dorado Senior Apartments Initial 150 148 n/a
CA-2004-077 Crane Terrace Apartments Initial 44 43 n/a
CA-2004-078 Klimm Apartments Initial 42 41 n/a
CA-2004-081 Govea Gardens Initial 150 149 n/a
CA-2004-083 Sara Conner Court Initial 57 56 n/a
CA-2004-084 New Dana Strand Phase 1 Garden Apartments Initial 120 118 n/a
CA-2004-085 Temple Villas Initial 52 51 n/a
CA-2004-086 Emerald Terrace Apartments Initial 85 84 n/a
CA-2004-090 Kings Manor Initial 81 80 n/a
CA-2004-091 Vista Ridge Apartments Initial 56 55 n/a
CA-2004-092 Bella Castello at Kelley Park Initial 88 87 n/a
CA-2004-093 Creekside Trails Initial 50 49 n/a
CA-2004-094 Cottonwood Terrace aka Camellia Terrace Apartments Initial 21 20 n/a
CA-2004-096 Kern Villa Apartments Initial 49 48 n/a
CA-2004-102 Cottonwood Place III Initial 58 57 n/a
CA-2004-113 San Jose Art Ark Housing Initial 148 146 n/a
CA-2004-117 The Village at Chowchilla Initial 81 80 n/a
CA-2004-121 Flores Del Valle Apartments Initial 146 144 n/a
CA-2004-130 Mansi Town Homes Initial 21 20 n/a
CA-2004-134 Trinity Avenue Apartments Initial 17 17 n/a
CA-2004-135 La Amistad at Mendota Initial 81 80 n/a
CA-2004-136 Geneva Village Initial 142 139 n/a
CA-2004-137 Metropolitan City Lights Initial 65 64 n/a
CA-2004-139 Valley View Apartments Initial 21 20 n/a
CA-2004-800 Sierra Creek Apartments (fka Antelope Senior Apts) Initial 144 143 n/a
CA-2004-803 Fremont Mews Initial 119 49 n/a
CA-2004-805 Oak Village Apartments Initial 117 116 n/a
CA-2004-806 Bayview Landing Initial 120 119 n/a
CA-2004-807 The Gardens at Sierra Initial 93 92 n/a
CA-2004-810 Spring & Encino Village Apartments Initial 96 95 n/a
CA-2004-812 Kearney Palms Senior Apartments Initial 81 80 n/a
CA-2004-813 Geneva Pointe Apartments Initial 152 150 n/a
CA-2004-815 Opportunity Center of the Midpeninsula Initial 89 88 n/a
CA-2004-816 Plymouth West Apartments Initial 196 195 n/a
CA-2004-817 Villa San Joaquin Initial 36 35 n/a
CA-2004-818 Hanford Senior Villas Initial 48 47 n/a
CA-2004-819 Pico/Gramercy Family Apartments Initial 71 70 n/a
CA-2004-820 Cottonwood Court Apartments Initial 86 85 n/a
CA-2004-821 Vintage Tower Apartments Initial 59 59 n/a
CA-2004-822 Via del Mar Initial 40 39 n/a
CA-2004-823 Brawley Elks Senior Apartments Initial 81 80 n/a
CA-2004-824 Brawley Gardens Apartments Initial 81 80 n/a
CA-2004-825 Heber Family Apartments Initial 81 80 n/a
CA-2004-826 Murphy Ranch II Initial 38 38 n/a
CA-2004-829 Valencia Gardens HOPE VI Development Initial 260 254 n/a
CA-2004-831 Laurel Gardens Apartments Initial 30 29 n/a
CA-2004-832 Lakeside Apartments Initial 124 122 n/a
CA-2004-833 San Antonio Place Initial 120 118 n/a
CA-2004-834 Mission Pointe at Riverside Initial 64 63 n/a
CA-2004-835 Lion Creek Crossings fka Coliseum Gardens Phase I Initial 115 114 n/a
CA-2004-836 Springs Village Initial 80 79 n/a
CA-2004-837 Beyer Courtyard Apartments Initial 60 59 n/a
CA-2004-838 Pacific Grove Senior Apartments Initial 49 48 n/a
CA-2004-839 Magnolia Park Townhomes & Apartments Initial 29 28 n/a
CA-2004-840 Lincoln Corner Apartments Initial 134 101 n/a
CA-2004-841 Bay Vista at Meadow Park Initial 220 218 n/a
CA-2004-842 Acacia Meadows Initial 140 139 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2004-843 Citrus Grove Apartments Initial 51 50 n/a
CA-2004-845 Casa Shalom Initial 30 29 n/a
CA-2004-847 Woodbridge Manor Initial 165 164 n/a
CA-2004-849 Harmony Creek Initial 75 74 n/a
CA-2004-850 Green Valley Apartments Initial 40 39 n/a
CA-2004-851 Sierra Sunrise Senior Apartments Initial 119 117 n/a
CA-2004-852 Hawaiian Gardens Apartments Initial 264 211 n/a
CA-2004-853 Colusa Avenue Apartments Initial 38 37 n/a
CA-2004-854 Union Square II Initial 24 24 n/a
CA-2004-855 Hannon Seaview Apartments Initial 133 131 n/a
CA-2004-856 Rancho Santa Fe Village Initial 120 119 n/a
CA-2004-857 Ingram Preservation Initial 140 135 n/a
CA-2004-858 Bristol Apartments Initial 102 101 n/a
CA-2004-859 Baycliff Apartments Initial 342 340 n/a
CA-2004-860 Witmer Manor Preservation Project Initial 238 238 n/a
CA-2004-862 Pilgrim Tower North Apartments Initial 258 255 n/a
CA-2004-866 Harvard Place Apartments Initial 40 39 n/a
CA-2004-867 Lincoln Court Senior Housing Initial 82 81 n/a
CA-2004-869 Delmas Park Apartments Initial 123 122 n/a
CA-2004-870 Timothy Commons Initial 32 31 n/a
CA-2004-871 Olive Grove Initial 128 126 n/a
CA-2004-873 Harriet Tubman Terrace Apartments Initial 91 90 n/a
CA-2004-874 Chapel Lane Senior Apartments Initial 38 38 n/a
CA-2004-875 Casitas Del Valle Initial 40 39 n/a
CA-2004-876 Poplar Village Initial 64 63 n/a
CA-2004-877 Oroville Manor Initial 72 71 n/a
CA-2004-878 Douglas Park Apartments Initial 72 71 n/a
CA-2004-881 Sobrato Transitional Apartments Initial 60 59 n/a
CA-2004-882 Phoenix Park II Initial 182 180 n/a
CA-2004-883 Marina Heights Apartments Initial 200 198 n/a
CA-2004-884 Vista Del Monte Apartments Initial 104 104 n/a
CA-2004-889 Melrose Villas (fka University Commons) Initial 114 113 n/a
CA-2004-890 Plaza Senior Apartments Initial 172 171 n/a
CA-2004-891 Greenwood Village Apartments Initial 48 47 n/a
CA-2004-893 Kerman Sunset Apartments Initial 36 35 n/a
CA-2004-894 Lado Del Rio Apartments Initial 42 41 n/a
CA-2004-895 Lutheran Gardens Apartments Initial 76 75 n/a
CA-2004-896 Tuolumne Village Initial 106 104 n/a
CA-2004-898 College View Apartments Initial 88 87 n/a
CA-2004-899 Wyndover Apartments Initial 136 135 n/a
CA-2004-900 The Crossings at Madera Initial 64 63 n/a
CA-2004-902 Glenview Apartments Initial 71 70 n/a
CA-2004-903 Prototypes Pomona Apartments Initial 32 31 n/a
CA-2004-904 The Crossings Initial 108 107 n/a
CA-2004-905 Tara Village Apartments Initial 170 168 n/a
CA-2004-906 Camellia Place Initial 112 111 n/a
CA-2004-907 Las Flores Village Initial 100 99 n/a
CA-2004-909 Central Plaza Apartments Initial 112 111 n/a
CA-2004-910 Hastings Park Apartments Initial 242 195 n/a
CA-2004-912 Vista Terraza Apartments Initial 123 122 n/a
CA-2004-914 Lord Tennyson Apartments Initial 252 249 n/a
CA-2004-915 Afton Place Apartments Initial 71 70 n/a
CA-2004-917 Courtyards at Cypress Grove Initial 96 95 n/a
CA-2004-919 Golden West Tower Initial 180 178 n/a
CA-2004-923 Heritage Oaks Apartments Initial 120 118 n/a
CA-2005-001 Garden Grove Senior Apartments Initial 24 23 n/a
CA-2005-002 Sand Creek Initial 60 59 n/a
CA-2005-006 El Carrillo Apartments Initial 62 61 n/a
CA-2005-007 Washington Plaza Initial 44 43 n/a
CA-2005-011 Garden Grove Senior Apartments Initial 85 84 n/a
CA-2005-013 Cottonwood Place IV Initial 45 45 n/a
CA-2005-017 Mountain View II Senior Apartments Initial 20 20 n/a
CA-2005-019 Altenheim Senior Housing Initial 93 92 n/a
CA-2005-024 Walnut Place Townhomes Initial 40 39 n/a
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2005-038 Maywood Villas Initial 54 53 n/a
CA-2005-039 Cassia Heights Apartments Initial 56 55 n/a
CA-2005-065 Jeffrey-Lynne Neighborhood Revitalization, Phase 3 Initial 85 76 85
CA-2005-067 Royal Court Apartments Initial 55 54 55
CA-2005-070 Plummer Village Apartments Initial 75 74 75
CA-2005-094 Arroyo de Paz II Apartments Initial 34 34 n/a
CA-2005-096 Martin Luther King Square Initial 92 91 0
CA-2005-099 Cottonwood Gardens Initial 91 90 80
CA-2005-114 Terry Manor Apartments Initial 170 167 167
CA-2005-115 South Bay Villa Apartments Initial 80 79 79
CA-2005-804 Casas del Valle Initial 35 35 n/a
CA-2005-807 Palmdale East Q Apartments Initial 91 90 n/a
CA-2005-808 Fairfield Heights Apartments Initial 52 51 n/a
CA-2005-809 Unity Estates Apartments Initial 88 84 n/a
CA-2005-810 Corde Terra Family Apartments Initial 300 298 n/a
CA-2005-812 Seacliff Highlands Apartments Initial 39 38 n/a
CA-2005-814 Flower Park Plaza Initial 199 198 n/a
CA-2005-817 Silverado Creek Family Apartments Initial 112 112 n/a
CA-2005-818 Lexington Apartments (LA Preservation III) Initial 251 241 n/a
CA-2005-819 Leeward Apartments Initial 257 245 n/a
CA-2005-820 Hayward Senior Apartments Initial 151 150 n/a
CA-2005-828 Las Serenas Apartments Initial 72 107 n/a
CA-2005-829 Eleanor Roosevelt Circle Initial 60 49 n/a
CA-2005-831 Oak Center Towers Initial 196 195 n/a
CA-2005-832 Vista Sunrise Apartments Initial 85 79 n/a
CA-2005-833 Raintree Apartments Initial 176 174 0
CA-2005-834 Silverado Creek Family Apartments, Phase II Initial 56 23 0
CA-2005-836 Fairbanks Ridge at Del Sur Initial 204 202 0
CA-2005-838 Timberwood Apartments Initial 286 284 0
CA-2005-839 Monte Vista Terrace Initial 150 149 0
CA-2005-840 Larkfield Oaks Initial 56 55 0
CA-2005-841 Nuevo Amanecer Apartments Initial 63 62 63
CA-2005-842 Divine Senior Apartments Initial 32 31 30
CA-2005-845 Laguna Senior Apartments Initial 64 63 64
CA-2005-846 Tracy Village Apartments Initial 72 71 n/a
CA-2005-850 Willow Tree Apartments Initial 108 106 106
CA-2005-851 Rosswood Manor Apartments Initial 97 93 n/a
CA-2005-853 Marina Tower Initial 155 154 n/a
CA-2005-854 Ceatrice Polite Apartments Initial 91 90 91
CA-2005-855 Martin Luther Tower Initial 121 96 96
CA-2005-858 Block N5 - Mission Bay Initial 236 234 234
CA-2005-859 Yuba Gardens Apartments Initial 120 118 118
CA-2005-860 Sage Canyon Apartments Initial 72 71 n/a
CA-2005-861 Cypress Sunrise Apartments Initial 75 74 0
CA-2005-862 Clara Park Commons Initial 50 49 0
CA-2005-863 Wysong Village Apartments Initial 95 94 0
CA-2005-871 Creekside Village Senior Apartments Initial 296 257 285
CA-2005-872 Villa Montgomery Initial 58 57 57
CA-2005-873 Gish Apartments Initial 35 34 0
CA-2005-875 Santa Paula Farmworker Apartments Initial 41 40 n/a
CA-2005-876 Aurora Village II Initial 140 138 140
CA-2005-884 Sunset Heights Apartments Initial 117 116 n/a
CA-2005-885 Grizzly Hollow Phase III Initial 54 53 n/a
CA-2005-891 Jackie Robinson Apartments Initial 130 129 0
CA-2005-892 Baywood Apartments Initial 82 80 80
CA-2005-895 Josephine Lum Lodge Initial 150 148 0
CA-2005-896 The Cascades Initial 112 111 75
CA-2005-898 Greenbriar Apartments Initial 138 136 n/a
CA-2005-900 Briarwood Manor Apartments Initial 100 83 n/a
CA-2005-901 Casa De Vallejo Apartments Initial 136 136 124
CA-2005-902 Deer View Park Apartments Initial 48 47 47
CA-2005-903 Orland Apartments Initial 82 80 0
CA-2005-905 Villa del Sol Apartments (88-063 add credits) Initial 103 101 101
CA-2005-911 Rancho Buena Vista Apartments Initial 150 149 0
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
Table C-2
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Monitoring Status and Occupancy by Project 1986-2007
CTCAC Project Name Monitor Total Units Required Tax Credit Occupied Units
Number Status* Units
CA-2005-913 Duncan Place Apartments Initial 44 43 42
CA-2005-917 Sterling Village Initial 80 79 79
CA-2005-918 Hemet Estates Initial 80 79 78
CA-2005-922 Mendota Gardens Apartments Initial 60 59 59
CA-2006-814 Sutter Hill Place Apartments Initial 44 43 43
CA-2006-815 2nd & Central Mixed-Use Initial 128 26 n/a
CA-2006-822 Rodeo Drive Apartments Initial 99 98 95
CA-2006-830 Indio Gardens Initial 151 150 n/a
CA-2006-836 Biola Village Initial 44 43 43
CA-2006-849 Westview Ranch Apartments Initial 128 127 127
CA-2006-852 San Luis Bay Apartments Initial 120 116 117
CA-2006-853 Edgewater Place II Initial 28 27 n/a
CA-2006-857 Pepperwood Apartments Initial 230 227 n/a
CA-2006-875 Imperial Rd Portfolio (Cottonwood Creek & Redondo Initial 100 98 96
CA-2006-902 St. John Manor Initial 79 78 67
CA-2007-917 Atascadero Senior Apartments Initial 19 19 19
* Monitor Status "Initial" indicates project is in 15 year compliance period.
* Monitor Status "Extended" indicates project is beyond its 15 year federal compliance period, but still within its extended use compliance period.
n/a = Not Applicable.
APPENDIX D
PROGRAM COSTS, CREDITS AND UNIT
PRODUCTION TRENDS
27
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Chart D-1: Average Initial Total Project Cost per Unit, 2000-2007
$400,000
$359,846
$350,000
$317,190
$300,000
$271,526
$214,509
$250,000 $250,214
$196,006 $237,598 $212,704 $210,051
$200,000 $169,737 $201,846
$168,029 $176,559
$141,079 $142,142 $155,249 $166,572
$150,000 $137,544
$149,656 $147,515
$156,475
$123,479 $150,960
$122,032 $137,079
$109,912 $104,269
$100,000 $128,885 $118,552 $120,679
$97,677
$84,544
$50,000
$0
2000 2001 2002 2003 2004 2005 2006 2007
9% New Construction 9% Rehabilitation 4% New Construction 4% Rehabilitation
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Chart D-2: Total Federal and State Credits per Unit, 2000-2007
$200,000
$193,490
$180,000
$186,732
$160,000
$155,732
$140,000 $150,235
$134,931 $133,831
$120,000
$100,000 $110,220
$106,486
$80,000
$70,835 $69,777
$60,000
$61,491 $66,389
$55,207
$40,000
$49,122
$37,526
$20,000 $30,179
$0
2000 2001 2002 2003 2004 2005 2006 2007
9% Projects 4% Projects
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Chart D-3: Total Low Income Units Awarded Credit, 2000-2007
20,000
18,000
18,471 18,371
17,219
16,000
16,949 16,454
15,687 15,842
14,948
14,000
13,347 13,179
12,000
12,356 12,795
11,668
11,081
10,000
10,624 10,617
8,000
6,000
5,063 5,124 5,281 5,192
4,000
4,331 4,761 4,424
4,098
2,000
0
2000 2001 2002 2003 2004 2005 2006 2007
9% Low Income Units
4% Low Income Units 9% and 4% Low Income Units
APPENDIX E
PROGRAM DESCRIPTION
28
STATE OF CALIFORNIA
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
915 CAPITOL MALL, ROOM 485
SACRAMENTO, CA 95814
TELEPHONE: (916) 654-6340
FAX: (916) 654-6033
William J. Pavão
Executive Director MEMBERS:
Bill Lockyer, Chair
State Treasurer
Michael C. Genest, Director
Department of Finance
John Chiang
State Controller
A DESCRIPTION OF
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE PROGRAMS
The California Tax Credit Allocation Committee (“Committee” or “TCAC”) administers two low-
income housing tax credit programs – a federal program and a state program. Both programs were
authorized to encourage private investment in affordable rental housing for households meeting certain
income requirements.
The Committee
The Committee has seven members, including three voting members and four advisors. The voting
members include the State Treasurer, who serves as chairman, the State Controller, and the Governor,
who may choose to designate the Director of the Department of Finance as his representative. The non
voting members are the Executive Director of the California Housing Finance Agency, the Director of
the Department of Housing and Community Development, and two representatives of local
governments. One local representative must be associated with a city and is appointed by the Speaker of
the Assembly. The other member is a county representative appointed by the Senate Rules Committee.
FEDERAL AND STATE HOUSING TAX CREDIT PROGRAMS
The Federal Program
Congress created the federal Low Income Housing Tax Credit Program in 1986. It replaced traditional
housing tax incentives, such as accelerated depreciation, with a tax credit that enables low-income
housing sponsors and developers to raise project equity through the sale of tax benefits to investors.
Two types of federal tax credits are available and are generally referred to as nine percent (9%) and four
percent (4%) credits. These terms refer to the approximate percentage of a project’s “qualified basis” a
taxpayer may deduct from their annual federal tax liability in each of ten years. (See “How Credit
Amounts are Calculated” below)
The program is regulated through Internal Revenue Code Section 42, and is administered by the Internal
Revenue Service, which is part of the U.S. Treasury Department. Section 42 specifies that each state
must designate a “housing credit agency” to administer the Credit program. In California, responsibility
for administering the program was assigned to the California Tax Credit Allocation Committee (TCAC),
first by a February 1987 gubernatorial proclamation, and later by enactment of SB 113, Chapter 658,
statutes of 1987. The federal tax credit program was granted permanent status with passage of the
Omnibus Budget Reconciliation Act of 1993.
1
The State Program
Recognizing the extremely high cost of developing housing in California, the state legislature authorized
a state low income housing tax credit program to augment the federal tax credit program. Authorized by
Chapter 1138, Statutes of 1987, the state credit is only available to a project which has previously
received, or is concurrently receiving, an allocation of federal credits. Thus the state program does not
stand alone, but instead, supplements the federal tax credit program.
Annual Federal Credits Available
For 2008, each state has an annual housing credit ceiling of $2.00 per capita for 9% Low Income
Housing Tax Credits. In addition, States may qualify for a pro rata share of credits available annually in
a national pool comprised of states' unused credits. Also, any credits returned to a state from a credit
recipient may be allocated to new projects. From the total ceiling amount available to California, the
Committee allocates credit amounts based upon assessments of eligible project costs, as defined by IRC
Section 42. The housing sponsor uses or sells ten times the allocation amount, since investors can take
the annual credit each year for a ten-year period. Although the credit is taken over a ten-year period, the
Internal Revenue Code requires that the project remain in compliance for at least 30 years.
Annual State Credits Available
The annual state credit ceiling for 2008 is approximately $84 million and would be increased by any
unused or returned credits from previous years. Investors claim the state credit over a four-year period,
rather than the ten-year federal allocation period. The full four-year state credit allocated to a project is
deducted from the $84 million state ceiling, while only the annual federal credit allocated to a project is
deducted from the federal ceiling.
Tax-Exempt Bond Financed Projects
Developments financed with the proceeds of tax-exempt bonds may also receive federal tax credit. In
this instance, the developer/owner of a tax-exempt development must apply to the Committee and must
meet both the federal and state statutory and regulatory requirements. The tax credits available are tied
to the private activity bond cap limits, but are not deducted from the state’s annual tax credit ceiling.
The annual credit available is based on approximately 4% (instead of 9%) of the “qualified basis” of the
development. Qualified basis consists of the costs attributable to the units that will be income and rent
restricted for a minimum of 30 years.
Eligible Projects
Only rental housing projects are eligible for tax credits in both the federal and state programs. Credits
can be allocated to new construction projects or existing properties undergoing rehabilitation. Nine
percent credits are allocated on a competitive basis so that those meeting the highest housing priorities
and public policy objectives, as determined by the Committee, have first access to credits. Those
utilizing tax credits must own the project for which the credits are awarded.
2
Rent and Income Restrictions
The programs have both rent and income restrictions. Rents on tax credit units cannot exceed 30% of an
imputed income based on 1.5 persons per bedroom (i.e., in a two-bedroom unit, the income of a three-
person household is used to calculate rent, regardless of the actual family size of the household). Federal
law requires that the initial incomes of households in tax credit units not exceed either 60% or 50% of
the area median income, adjusted for household size. When a project developer or sponsor applies for
tax credits, he or she irrevocably elects one of the following minimum federal set-aside requirements:
• a minimum of 40% of the units must be both rent-restricted and occupied by households whose
incomes are 60% or less of the area median gross income, adjusted for family size, or
• 20% of the units must be both rent-restricted and occupied by households whose incomes are 50% or
less of the area median gross income, adjusted for family size.
Despite this minimum set-aside election, most project sponsors designate all of the units in a project for
occupancy by low-income households, since credits are allocated only for restricted units. For instance,
if a developer builds a project in which half of the units are market-rate and half are affordable, only half
of the eligible project costs would be considered when determining how much credit may be allocated.
Additionally, as described below, sponsors generally target a certain number of units to tenants with
incomes below 60% or 50% of median to compete successfully.
Long Term Affordability
Under federal law, credit projects must remain affordable for at least 30 years; however, California law
generally requires a 55-year extended use period for 9% tax credit projects. Also, 4% tax credit
recipients frequently access significant boosts to their basis limits by agreeing to 55-year extended use
restrictions. Regulatory agreements are recorded against each tax credit project to ensure compliance.
Determination of Credit Need
As required by federal law, the Committee performs feasibility analyses on every project to ensure that
allocations do not exceed the amount required for project feasibility. While a project's qualified basis
determines a maximum credit allocation, only the amount needed to fill the financing shortfall may be
allocated. The Committee must consider the sources and uses of funds and the total financing planned
for the development, including the projected proceeds to be generated by the sale of tax credits. The
Committee must also determine the reasonableness of estimated development, operational and
intermediary costs. For each project, the amount of credits needed must be determined at least three
times; at application, allocation, and placed-in-service.
How Credit Amounts Are Calculated
In determining the amount of credit for which a project may be eligible, first, total project cost is
calculated. Secondly, “eligible basis” is determined by subtracting non-depreciable costs, such as land,
permanent financing costs, rent reserves and marketing costs. The project developer may also voluntarily
reduce the requested eligible basis in order to gain a competitive advantage. If the development is
located in a HUD-designated Difficult to Develop Area (DDA) or Qualified Census Tract (QCT), the
eligible basis receives a 130% adjustment. Next, the eligible basis is multiplied by the “applicable
3
fraction”, which is the smaller of (1) the percentage of low-income units to total units, or, (2) the
percentage of square footage of the low-income units to the square footage of the total units. This figure
is known as the “qualified basis” of the project.
The qualified basis is multiplied by the federal tax credit rate, published monthly by the IRS, to
determine the maximum allowable tax credit allocation. For projects that are new construction or
rehabilitation, which are not financed with a federal subsidy, the rate is summarized as nine percent
(9%). For projects involving a federal subsidy (including projects financed more than 50% with tax
exempt bonds), the rate is summarized as four percent (4%). Due to the fluctuating federal tax credit
rate published monthly by the IRS, TCAC currently uses an 8.3% and 3.6% rate to determine a project's
initial tax credit reservation. A project's final (placed-in-service) tax credit allocation is based on actual
project sources and uses of funds, the financing shortfall and the actual applicable federal rate. The rate
applicable to a project is the rate published for the month each building is placed in service or in an
earlier month elected by the sponsor. The allocation cannot exceed the initial reservation amount and
may be reduced if an analysis determines that the maximum allowable amount would generate excess
equity proceeds to the project.
Raising Equity Investment
Most credits are sold to corporate or individual investors through public or private syndication.
Investors benefit from the tax credit by purchasing an ownership interest in one or more tax credit
housing projects. In turn, investors claim a dollar-for-dollar credit against their tax liability over a ten-
year period. Partnership equity contributed to the project in exchange for the credit typically finances
30-60% of the capital costs of project construction.
The net amount of equity proceeds contributed to a project is based on investor contributions (the
present value of the ten-year credit) less syndicator overhead and fees and other syndication-related
costs. The Committee uses the net tax credit factor (net proceeds divided by the total 10-year tax credit
allocation) to determine the credit amount needed.
Differences Between the State and Federal Programs
California's tax credit program was structured to mirror the federal program with certain exceptions. In
addition to the state credit only being available to projects, which also receive a federal credit, other
differences include:
• TCAC gives priority for state credit allocations to projects not located in a Difficult to Develop Area
or Qualified Census Tract and those using HOME funds to finance eligible costs.
• The applicable percentage to be applied to the qualified basis for determining the amount of state
credits is 30% for projects which are not federally subsidized, and 13% for projects which are
federally subsidized, in contrast to 9% and 4% for the federal credit.
• State credits are not available for acquisition costs, except for previously subsidized projects that
qualify as "at-risk" of being converted to market rate.
• The state program has a rate of return limitation. Any surplus revenues generated above the
limitation must be used to reduce rents.
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Federal Preference and Selection Criteria
Each state agency is responsible for designing and implementing its housing tax credit program in
accordance with requirements of the Internal Revenue Code and its own particular state housing needs.
The Internal Revenue Code sets broad parameters that must be considered by each state in its “Qualified
Allocation Plan” (QAP), adopted after public hearings and input that sets forth the state’s program.
Section 42, for example, requires that each state give preference to projects that serve the lowest income
tenants, projects obligated to serve qualified low income tenants for the longest period of time, and
projects located in qualified census tracts that contribute to a concerted community revitalization plan.
Additionally, the following selection criteria must be considered by each state in awarding credit:
project location, housing needs characteristics, project characteristics, tenant populations with special
housing needs, public housing waiting lists, tenant populations of individuals with children, and projects
intended for eventual tenant ownership.
California’s Program
In California, the demand for housing tax credit has recently exceeded the supply by approximately two
to one (2:1). This means, of course, many good, worthwhile projects are unable to be awarded credit. It
also means a rather elaborate set of legal and regulatory rules for determining what projects are awarded
credit has been established. State and federal law require at least 10% of the annual credit be awarded to
projects that materially involve non-profits. State law also requires 20% of the annual credit be awarded
to projects located in rural areas of the state, and 2% of the credit be set-aside for “Small Development”
projects of 20 or fewer units. Additionally, to assure geographic distribution of the tax credit, a certain
percentage of credit is awarded each year to projects located in twelve geographic regions of the state.
Public policies encouraging smart growth principles, energy efficiencies, and the like are part of
California’s housing tax credit program. In its competitive scoring system, points are awarded for a
variety of items, ranging from serving lower income tenants, to achieving energy efficiencies, to the
degree that the project will contribute to revitalization efforts in the area where it will be located.
Threshold criteria require that the applicant show the following:
(a) the type of housing proposed is needed and affordable to the targeted population within the
community in which it is to be located;
(b) enforceable financing commitments of at least 50% of the total estimated financing need;
(c) control of the site;
(d) compliance with all applicable local land use and zoning ordinances;
(e) development team experience and financial capacity to ensure project completion and operation
for the extended use period;
(f) financial viability throughout the compliance period of the project;
(g) minimum construction standards;
(h) all deferred-payment financing, grants, and subsidies be “committed” at application; and
(i) new construction projects using 9% tax credits are limited to no more than 150 units for non-rural
set-aside applications, and 80 units for rural set-aside applications.
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In addition, targeted projects must meet additional threshold requirements applicable to the targeted
populations they are intended to serve. These additional threshold requirements can be found in the
Regulations.
Application Cycles and TCAC Review Process
State law requires the Committee to hold two or more application cycles each year for awarding 9% tax
credits, unless circumstances warrant a reduction in the number of cycles. The 2008 funding schedule is
as follows:
Round Application Due Date Committee Awards
First April 9, 2008 June 25, 2008
Second July 24, 2008 October 1, 2008
Application Process
TCAC has prepared an application package to help applicants to present clearly their project’s
characteristics. Staff reviews the application to determine the reasonableness of project costs, the
maximum allowable tax credit allocation, and the amount of credit needed for financial feasibility. The
application review process generally takes about sixty days to complete.
Point System for Ranking and Scoring Applications
TCAC receives far more applications for tax credit than it has authority to award. Generally, the
demand is roughly twice the supply of available credit. For that reason, the Committee, in 1999,
implemented a point system by which to rank applications. Although it is somewhat complicated by the
overlay of statutory set-asides and geographical apportionments, the basic point structure advantages
applications that show evidence of leveraging public and some private funds, projects for which the
owner and management company have previous affordable housing experience, projects that have
location amenities (for example, being located by a public transit stop), projects that will offer tenants
various service amenities (for example, after school computer classes), projects serving the lowest
income tenants, “mixed income” projects that have a non-tax credit component of renters, projects that
are ready to proceed, projects that attain energy efficiencies, and projects that contribute to
neighborhood revitalization. (See the regulations for a fuller explanation.)
Stages of Tax Credit Reservation
Federal law has stringent requirements for making allocations and placing projects in service. A slip in
timing could cause the state to lose credits and not be able to access unused credits from other states. It
is for this reason that the Committee has established progress requirements that ensure California is in
compliance with federal law.
(1) Preliminary Reservation - Generally, when applications are submitted to TCAC, projects are not
yet ready to begin construction and the applicant seeks a Preliminary Reservation.
(2) Final Reservation - Project sponsors receive a Final Reservation when all conditions of the
Preliminary Reservation have been met. The construction loan must be funded, permanent
financing and any other financing required to complete the project must be committed, and a
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partnership agreement must be executed. A second feasibility analysis is completed. This
reservation is in effect during the project's construction period.
(3) Carryover Allocation - An applicant may obtain a Carryover Allocation prior to or after a Final
Reservation, depending upon the time constraints imposed by federal law. Federal law requires
that a Carryover Allocation be obtained if a project will not be placed-in-service in the same year
the project receives a reservation. Once a Carryover Allocation is made, project owners have until
December 31 of the second calendar year after the year in which the Carryover Allocation is made
to place the project in service.
(4) Issuance of Tax Forms - This is accomplished when conditions of the Final Reservation have been
met, the project is “placed in service”, or ready for occupancy, and the owner submits various
documentation to TCAC for review. TCAC issues IRS Form 8609 (and the state Form FTB
3521A, if applicable) after performing a final feasibility and cost reasonableness analysis to
determine the requisite amount of tax credits needed. The final analysis is based on an audited
cost certification prepared by the owner’s accountant. One tax form will be issued for each
residential building in a project.
Before the tax forms are issued, the applicant must enter into a regulatory agreement with TCAC. This
agreement is recorded against the land and holds the project owner to the specifications and
characteristics of the project on which the tax credit reservation was awarded (rent and income
restrictions, selection criteria, preference points and other requirements).
Compliance Monitoring
The Committee administers a compliance monitoring program involving all projects with an allocation
of federal or state housing tax credits. Projects are monitored according to the requirements of Section
42, IRS regulations, and the terms of the regulatory agreement entered into between the owner and the
Committee. Each project will have a site visit from TCAC staff or its agent every three years. During
this visit, tenant files and rent rolls will be examined to assure that the incomes and rents are properly
restricted. Other items to be inspected include promised amenities as well as the physical conditions of
the development and its units.
The Commercial Revitalization Deduction Program
AB 2010, signed into law in September, 2002, designates the California Tax Credit Allocation
Committee as California’s Commercial Revitalization agency for the purpose of allocating federally
authorized Commercial Revitalization deductions to qualified businesses located in California’s five
federally designated Renewal Communities. The five communities include the rural communities of
Orange Cove and Parlier, and certain census tracts in the cities of Los Angeles, San Diego, and San
Francisco.
The deduction is available to businesses located in these Renewal Communities that purchase, build, or
renovate property for commercial use. It must be allocated by the Committee, pursuant to a Qualified
Allocation Plan that the Committee has adopted, and can be claimed, once allocated, at the taxpayer’s
election, either in the amount of 50% of the qualified costs in the first year after the building is placed in
service, or at the rate of 10% per year for 10 years, beginning in the year the building is placed in
service.
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A total of $12 million in deductions is available to each Renewal Community for each year beginning in
2002 and ending in 2009. In 2007, the Committee allocated a total of $11 million in deductions to four
such projects.
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