State to preserve TCAC/CDLAC pathway while creating HDFC track for projects needing state subsidy
Agency leaders said AB 519's implementation will maintain a direct TCAC/CDLAC application path for projects that do not require state subsidies while offering an HDFC path for projects that do, aiming to avoid disrupting programs that run multiple rounds per year and stakeholder familiarity.
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Marina Wyant, the executive director overseeing TCAC and CDLAC, told the committee that stakeholders stressed the need to preserve an existing direct application pathway for projects that do not require additional state subsidies.
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