CAtax_creditpct_of_investment

California Low-Income Housing Tax Credit

LIHTC · California

Summary

Credit for qualified low-income housing project investors. Percentage of qualified basis in newly constructed or substantially rehabilitated low-income housing. Allocated by California Tax Credit Allocation Committee (TCAC).

Benefit

Percentage: —
Flat: —
Duration: —
Max annual: — (taxpayer)
Max total: — (taxpayer)
Carryforward: —

Program metadata

Distribution: taxpayer_earned
Claimant subject: pass_through_member
Refund/transfer election: transferable_only
Program family: —
Effective: —
Sunset: —
Application deadline: —
Transfer discount: —

Tiers (1)

#	Name	Benefit	Min jobs	Min investment	Min wage	Max annual
1	TCAC-Allocated Projects	—	—	—	—	—

Hard requirements (1)

intermediary_org_typeInvestment must be in a TCAC-allocated low-income housing project. Credit allocated by California Tax Credit Allocation Committee.

Preference / tiering rules (0)

None.

NAICS industries (0)

Any.

Geo zones (0)

Statewide / none specified.

Tags (3)

requires_tcac_allocation: true
allocating_agency: California Tax Credit Allocation Committee
pass_through_eligible: true

Tax bases

corporate_income_taxprimary

Source

https://www.ftb.ca.gov/forms/credit-table.html

FTB Form 3521 (Low-Income Housing Credit)

Last verified: 2026-04-15

Parallels federal LIHTC (IRC §42). Credit passes through to investors in LIHTC-financed projects. Requires TCAC-issued allocation document.