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§ 5233. Allocation Limits.

4 CA ADC § 5233BARCLAYS OFFICIAL CALIFORNIA CODE OF REGULATIONS

Barclays Official California Code of Regulations Currentness
Title 4. Business Regulations
Division 9.5. California Debt Limit Allocation Committee
Chapter 2. Qualified Residential Rental Projects
Article 8. Evaluation Criteria
4 CCR § 5233
§ 5233. Allocation Limits.
(a) Limit CDLAC bond allocation on a per unit basis (adjusted by the number of bedrooms) in the General and Rural Multifamily Pools as follows:
Studio and SRO:
$522,000
One-bedroom:
$544,000
Two-bedroom:
$580,000
Three-bedroom:
$638,000
Four or more bedroom:
$671,000
(b) Private Activity Bond allocation awards cannot exceed 60% of the aggregated depreciable basis plus land basis.
Note: Authority cited: Section 8869.94, Government Code. Reference: Sections 8869.84(c), 8869.85(a) and 8869.85(b), Government Code.
HISTORY
1. New section filed 12-15-2016 as an emergency pursuant to Government Code section 8869.94; operative 12-15-2016 (Register 2016, No. 51). A Certificate of Compliance must be transmitted to OAL by 6-13-2017 or emergency language will be repealed by operation of law on the following day.
2. New section refiled 5-30-2017 as an emergency pursuant to Government Code section 8869.94; operative 6-14-2017 (Register 2017, No. 22). A Certificate of Compliance must be transmitted to OAL by 9-12-2017 or emergency language will be repealed by operation of law on the following day.
3. Repealed by operation of Government Code section 11346.1(g) (Register 2017, No. 38).
4. New section filed 10-13-2017; operative 10-13-2017 pursuant to Government Code section 11343.4(b)(3) (Register 2017, No. 41).
5. New subsection (b) filed 11-4-2019 as an emergency; operative 11-4-2019 (Register 2019, No. 45). A Certificate of Compliance must be transmitted to OAL by 5-4-2020 or emergency language will be repealed by operation of law on the following day.
6. Amendment of subsection (a) filed 5-22-2020 as an emergency pursuant to Government Code section 8869.94; operative 5-22-2020 (Register 2020, No. 21). A Certificate of Compliance must be transmitted to OAL by 11-18-2020 or emergency language will be repealed by operation of law on the following day.
7. Emergency filed 5-22-2020 extended 60 days (Executive Order N-40-20). A Certificate of Compliance must be transmitted to OAL by 1-19-2021 or emergency language will be repealed by operation of law on the following day.
8. New subsection (b) refiled 5-26-2020 as an emergency; operative 7-6-2020 (Register 2020, No. 22). A Certificate of Compliance must be transmitted to OAL by 10-5-2020 or emergency language will be repealed by operation of law on the following day.
9 Emergency filed 5-26-2020 extended 60 days (Executive Order N-40-20) (Register 2020, No. 22). A Certificate of Compliance must be transmitted to OAL by 12-5-2020 or emergency language will be repealed by operation of law on the following day.
This database is current through 9/11/20 Register 2020, No. 37
4 CCR § 5233, 4 CA ADC § 5233
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