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§ 5350. Definitions.

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

In addition to the definitions set forth in Government Code section 8869.82 and unless otherwise required by the context, the following terms as used in this chapter are defined as follows:

“ANSI” means the American National Standards Institute which facilitates the development of American National Standards by accrediting standards developing organizations for a wide variety of products, manufacturing and industrial processes, and distribution processes for goods, services and energy.

“Forest Stewardship Council” means the independent, non-governmental, not-for-profit organization established in 1993 to promote the responsible management of the world's forests in cooperation with the ISO.

“IDB Application” means the Application titled “Application for an Allocation of the State Ceiling on Qualified Private Activity Bonds for a Small-Issue Industrial Development Bond Project” (revised 11-30-2018), which is hereby incorporated by reference.

“ISO” means the International Organization of Standardization

“Job Retention” means full time jobs that will be retained in California by the Project Sponsor. The company must be actively seeking to relocate jobs out of the state; forced to eliminate jobs in order to remain in operation; at risk of closing their local operations; or be acquired prior to closing or relocating under new ownership that commits to maintain company operations and retain existing jobs. The number of jobs retained shall be calculated on the number of full time jobs that are on the company payroll at the time of Application. The Job Retention period will begin upon issuance of the Bonds and must be met within two (2) years after issuance of Bonds. The Job Retention requirement may be monitored by CIEDB utilizing Employment Development Department job retention statistics.

“Median Hourly Production Occupation Wage” means the median hourly wage for production occupations as defined by the U.S. Bureau of Labor Statistics.

“Qualified Retirement Plan” means a retirement satisfying the requirements of 26 U.S.C. sections 401(a) or 403(a) and the Employee Retirement Income Security Act of 1974 (ERISA).

“Renewable Energy” means any device or technology that conserves or produces heat, processes heat, space heating, water heating, steam, space cooling, refrigeration, mechanical energy, electricity, or energy in any form convertible to these uses, that does not expend or use conventional energy fuels, and that uses any of the following electrical generation technologies pursuant to California Public Resources Code 26003(i)(1):

  • (a) Biomass

  • (b) Solar thermal

  • (c) Photovoltaic

  • (d) Wind

  • (e) Geothermal

NOTE: Authority cited: Section 8869.94, Government Code. Reference: Section 8869.84(c), 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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