Low-Income Housing Tax Credit Programs

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The California Tax Credit Allocation Committee (TCAC) facilitates the investment of private capital into the development of affordable rental housing for low-income Californians. TCAC allocates federal and state tax credits to the developers of these projects. Corporations provide equity to build the projects in return for the tax credits. TCAC verifies that the developers have met all the requirements of the program and ensures the continued affordability and habitability of the developments for the succeeding 55 years.

The City of Eastvale is considered “high resource” and you may be eligible for incentives. https://www.treasurer.ca.gov/ctcac/tax.asp