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§ 5346. Past Performance.

CDLAC Regulations — Qualified Residential Rental Project Program (tax-exempt bond allocation) · 2026 edition · updated 2026-07-29 · California

Applicants must demonstrate that Home Improvement and Rehabilitation Mortgage Credit Certificate Program Allocation from the past year has been used or are designated to be used to issue Mortgage Credit Certificates.

The Committee may consider exceptions to the Past Performance requirement based upon detailed information submitted by the Applicant stating the reasons for the underachievement and explaining why the circumstances surrounding the underachievement are beyond the control of the Applicant. The Committee may delegate the discretion to approve or deny an Applicant's request for such exception to the Chair of the Committee or to the Executive Director. To be granted an exception, an Applicant must demonstrate its need to use new Allocation even if unused Mortgage Revenue Bond Allocation or Mortgage Credit Certificate authority totals over $1 million from prior years.

NOTE: Authority cited: Section 8869.94, Government Code. Reference: Sections 8869.84(c), 8869.85(a) and 8869.85(b), Government Code.

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▸ Contents — CDLAC Regulations — Qualified Residential Rental Project Program (tax-exempt bond allocation)
CDLAC Regulations — Qualified Residential Rental Project Program (tax-exempt bond allocation)
  1. Table of Contents
  2. 4 CCR Sections 5000 et seq.
  3. § 5000. Definitions.
  4. § 5002. Eligible Applicants.
  5. § 5004. Application Ranking and Award Recommendations.
  6. § 5005. Application Deficiencies and Appeals
  7. (c) Appeals Process.
  8. § 5006. Performance Deposit Requirements.
  9. (b) Release of Performance Deposit.
  10. § 5007. Minimum Bond Sale Structure Requirements.
  11. § 5008. Private Placement Sales.
  12. § 5009. Limited Offering and Public Offering Bond Sales.
  13. § 5010. Committee Resolutions; Use of State Ceiling Allocation…
  14. § 5011. Carryforward Allocations.
  15. § 5012. Notification of Bond Issue and Report of Action Taken.
  16. § 5014. Certification of Compliance.
  17. § 5015. Disqualification.
  18. Chapter 2. Qualified Residential Rental Projects
  19. § 5100. Definitions.
  20. § 5102. QRRP Application Procedures and Requirements.
  21. (m) Negative Points (no maximum).
  22. § 5106. Ranking.
  23. (c) Applications for BIPOC Projects.
  24. (B) The project’s rent savings benefit, which is as follows:
  25. § 5107. QRRP Program Requirements.
  26. (d) Minimum restriction term.
  27. (e) Debt Service Coverage Ratio.
  28. § 5108. Bond Allocation Limits and Issuance Deadline Extensions
  29. § 5109. Supplemental Allocation Process.
  30. § 5110. Open Application Process for Projects assisted by HUD.
  31. § 5111. Expiring Projects in Difficult Development Areas or Qu…
  32. § 5112. Post-Issuance Compliance.
  33. Chapter 3. Single Family Housing
  34. § 5260. Definitions.
  35. Article 2. Eligibility Requirements
  36. § 5265. Application Process.
  37. § 5266. Participation Goals.
  38. § 5267. Consistency with Adopted Housing Elements.
  39. § 5268. Mortgage Revenue Bond Eligibility.
  40. § 5269. Mortgage Credit Certificate Eligibility.
  41. § 5270. Exceptions to Minimum Requirements.
  42. § 5271. Allocation Method.
  43. § 5273. Income and Purchase Price Certification.
  44. Article 3. Evaluation Criteria
  45. § 5275. Minimum Goals.
  46. § 5280. Eligibility Requirements.
  47. § 5281. Evaluation Criteria.
  48. § 5282. Allocation Method.
  49. § 5283. Excess Bonus Pool Distribution.
  50. Chapter 4. Extra Credit Teacher Home Purchase Program
  51. Article 2. Eligibility Requirements
  52. § 5310. Application Process.
  53. § 5311. Application of Standards.
  54. § 5312. Applicant Eligibility.
  55. § 5313. Program Goals.
  56. § 5314. Program Provisions.
  57. (f) A priority system such that:
  58. § 5315. Alternative Schools. [Repealed]
  59. Article 3. Evaluation Criteria
  60. § 5320. Evaluation Criteria
  61. § 5321. Allocation Amount
  62. Article 4. Reporting Requirements
  63. § 5330. Specific Reports
  64. Article 5. Noncompliance
  65. § 5340. Monetary Assessment
  66. Chapter 5. Single Family Housing Home Improvement and Rehabili…
  67. Article 1. Definitions
  68. § 5342. Definitions.
  69. Article 2. Eligibility Requirements
  70. § 5343. Application Process.
  71. § 5344. Minimum Requirements.
  72. § 5345. Exceptions to Minimum Requirements.
  73. Article 3. Evaluation Criteria
  74. § 5346. Past Performance.
  75. § 5347. Potential Public Benefits Calculation.
  76. Chapter 6. Small-Issue Industrial Development Bond Program
  77. § 5350. Definitions.
  78. Article 2. Applications
  79. § 5360. Application Process.
  80. § 5361. Allocations to CIDFAC. [Repealed]
  81. § 5362. Transfer of Allocation by CIDFAC. [Repealed]
  82. § 5363. Reporting Requirements. [Repealed]
  83. Article 3. Evaluation Criteria
  84. § 5369. Minimum Requirements.
  85. § 5370. Evaluation Criteria.
  86. § 5371. Enterprise/Empowerment Zone Facility Bond Projects.
  87. § 5372. Permits. [Repealed]
  88. § 5380. Allocations to CIDFAC. [Repealed]
  89. § 5381. Minimum Requirements. [Repealed]
  90. § 5382. Evaluation Criteria. [Repealed]
  91. § 5384. Reporting Requirements. [Repealed]
  92. Chapter 7. Exempt Facility Bond Program
  93. Article 1. Definitions
  94. § 5400. Definitions.
  95. Article 2. Applications
  96. § 5410. Application Process.
  97. § 5411. Allocations to CPCFA.
  98. Article 3. Eligibility Requirements
  99. § 5420. Justification of Tax-Exempt Funds.
  100. § 5421. CEQA Requirements.
  101. § 5422. Permits.
  102. § 5423. Review of New Technologies.
  103. Article 4. Evaluation Criteria
  104. § 5430. Environmental Goals.
  105. § 5431. Disposal of Solid Waste.
  106. § 5432. Non-Solid Waste Projects.
  107. § 5433. Use of Taxable Debt.
  108. § 5434. Local Support.
  109. § 5435. Conversion of Taxable Debt.
  110. § 5440. Ranking.
  111. Chapter 8. Student Loan Programs
  112. § 5450. Definitions.
  113. Article 2. Eligibility Requirements
  114. § 5460. Application Process.
  115. § 5461. Minimum Requirements.
  116. Article 3. Evaluation Criteria
  117. § 5470. Evaluation and Ranking.
  118. Chapter 9. Recovery Zone Economic Development Bond (RZEDB) Pro…
  119. § 5480. U.S. Treasury Designated Recovery Zone Bond Allocation…
  120. § 5490. Application Process. [Repealed]
  121. § 5492. Minimum Application Requirements. [Repealed]
  122. § 5494. Undersubscribed Allocation. [Repealed]
  123. § 5500. Evaluation Criteria. [Repealed]
  124. § 5510. Reports and Timeframes. [Repealed]
  125. Chapter 10. Recovery Zone Facility Bond (RZFB) Program [Repeal…
  126. § 5532. Minimum Application Requirements. [Repealed]
  127. § 5533. Reallocation Priority System. [Repealed]
  128. § 5540. Evaluation Criteria. [Repealed]
  129. § 5550. Reports and Timeframes. [Repealed]
  130. Chapter 11. Qualified Energy Conservation Bond Program [Repeal…
  131. § 5560. Definitions. [Repealed]
  132. § 5570. Application Process. [Repealed]
  133. § 5571. Minimum Requirements. [Repealed]
  134. § 5572. Reallocation of Waived Allocation. [Repealed]
  135. § 5580. Evaluation Criteria. [Repealed]
  136. Article 2. Evaluation Criteria
  137. § 5620. Scoring Criteria.
  138. § 5630. Allocation Distribution.
  139. Article 3. Reporting Requirements
  140. § 5640. Specific Reports.
  141. Chapter 13. Qualified Public Educational Facility Bond (QPEFB)…
  142. § 5700. Definitions. [Repealed]
  143. Article 2. Applications [Repealed]
  144. § 5710. Application Process. [Repealed]
  145. § 5711. Allocations. [Repealed]
  146. § 5720. Project Readiness. [Repealed]
  147. § 5721. Permits. [Repealed]
  148. Article 4. Reporting and Regulatory Requirements [Repealed]
  149. § 5730. Specific Reports. [Repealed]
  150. § 5731. Regulatory Compliance. [Repealed]

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