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Chapter 4. Extra Credit Teacher Home Purchase Program

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

Article 1. Definitions

§ 5300. Definitions.

In addition to the definitions set forth in Government Code sections 8869.82 and 8869.84(g); and unless otherwise required by the context, the following terms as used in this chapter are defined as follows:

“Academic Performance Index” or “API” means the index created by the Public Schools Accountability Act of 1999 to measure the performance of schools, especially the academic performance of pupils, and to demonstrate comparable improvement in academic achievement by all numerically significant ethnic and socio-economically disadvantaged subgroups within schools (Education Code 52052).

“Eligible Administrator” means any person who holds one of the following credentials issued by the California Commission on Teacher Credentialing:

  • (a) Administrative Services Credential Administrative Services Credential (Examination)

  • (b) Standard Supervision Credential Standard Administration Credential

  • (c) General Elementary School Administration Credential General Elementary School Supervision Credential

  • (d) General Secondary School Administration Credential General Secondary School Supervision Credential

  • (e) General Administration Credential General Supervision Credential

  • (f) The Supervision Credential General School Principal or Supervisor Credential

“Eligible Classified Employee” means an employee of a school district employed in a position not requiring certification qualifications and who provides administration or service at a High Priority School.

“Eligible Staff Member” means any person who holds one of the following credentials issued by the California Commission on Teaching Credentialing:

  • (a) School Nurse Credential

  • (b) Clinical or Rehabilitation Service Credential

  • (c) Pupil Personnel Services Credential (e.g. School Counseling, School Social Work, School Psychology and Child Welfare and Attendance)

  • (d) Library Media Teacher Service Credential

  • (e) Designated Subjects Vocational Education Teaching Credential

“Eligible Teacher” means any person who holds one of the following credentials issued by the California Commission on Teacher Credentialing:

  • (a) Single Subject Teaching Credential

  • (b) Multiple Subject Teaching Credential

  • (c) Specialist Instruction Credential in Special Education

  • (d) Education Specialist Instruction Credential

  • (e) Standard Elementary Teaching Credential

  • (f) Standard Secondary Teaching Credential

  • (g) Standard Early Childhood Education Teaching Credential

  • (h) Standard Restricted Special Education Teaching Credential

  • (i) General Kindergarten-Primary Teaching Credential

  • (j) General Junior High Teaching Credential

  • (k) General Elementary Teaching Credential

  • (l) Special Secondary Teaching Credential in Art

  • (m) General Secondary Teaching Credential

  • (n) Special Secondary Teaching Credential in Business Ed

  • (o) Special Credential for Teaching Exceptional Children

  • (p) Special Secondary Teaching Credential in Homemaking

  • (q) Special Secondary Credential for Teaching Lip Reading

  • (r) Special Secondary Credential for Teaching the Blind

  • (s) Special Secondary Limited Teaching Credential in Music

  • (t) Special Secondary Credential for Teaching the Partially Sighted Child

  • (u) Special Secondary Credential for Teaching Industrial Arts

  • (v) Special Secondary Teaching Credential in Speech Arts

  • (w) Special Secondary Teaching Credential in Music

  • (x) Special Secondary Credential for Teaching the Mentally Retarded

  • (y) Special Secondary Credential for Teaching Credential Limited in Agriculture

  • (z) Special Secondary Teaching Credential in Correction of Speech Defects

  • (aa) Special Secondary Teaching Credential in Physical Ed.

“ETCHP Application” means the Application titled “Application for an Allocation of the State Ceiling on Qualified Private Activity Bonds for an Extra Teacher Credit Home Purchase Program” (revised 11-16-16), which is hereby incorporated by reference.

“Extra Credit Teacher Home Purchase Program Eligibility Certificate” means the certification to be completed and submitted by the employing school district, County Office of Education or local Board of Education that certifies to all of the following: The Program Participant is an Eligible Teacher, Eligible Administrator, Eligible Classified Employee, or Eligible Staff Member; the Program Participant is not currently under suspension, and there is not currently pending any disciplinary inquiry, investigation, action or proceeding that could result in the suspension or dismissal of the Program Participant; the entity completing the certificate has verified with the California Commission on Teacher Credentialing that the credential of the Program Participant is not currently under suspension, and there is not currently pending any disciplinary inquiry, investigation, action or proceeding that could result in the suspension or revocation of the credential of the Program Participant; and the personnel file of the Program Participant reflects that he or she has not been dismissed from employment with any school or school district for any reason, and that he or she has not been the subject of a disciplinary suspension that has been upheld.

“High Priority School” means a California K-12 public school ranked in the bottom 50% of all schools based on the most recent Academic Performance Index, i.e. schools receiving an API Statewide Ranking of 1, 2, 3, 4 or 5.

“Homeownership Assistance” means financial assistance, including down-payment assistance, closing cost assistance, soft-second financing for the purchase of a home, or such alternative homeownership assistance as proposed by the Applicant in the Application and approved by the Committee. The Homeownership Assistance must: Be in a minimum amount of $7,500 or 3% of the purchase price of the home, whichever is greater; be structured in the form of either a grant or a deferred payment loan where the payment of principal and interest is deferred until such time as the home is sold or re-financed; and include an incentive, to be proposed by the Applicant, for Program Participants to fully perform the three (3) year service commitment. Applicants will not be required to establish a distinct and separate homeownership program; existing programs may be used. The Committee may delegate to the Chair or to the Executive Director of the Committee the authority to accept and consider homeownership assistance of different types or characteristics than those specifically enumerated or required by this definition. The Committee may establish, or concur with the establishment of, higher assistance limits to ensure program participation in high cost areas.

“National Board Certification” means certification from the National Board for Professional Teaching Standards based upon successful completion of a voluntary assessment program covering a variety of subject areas and student developmental levels.

“Program Participant” means an Eligible Teacher, Eligible Administrator, Eligible Classified Employee, or Eligible Staff Member who receives a Mortgage Credit Certificate or a loan funded by Mortgage Revenue Bonds from an Issuer receiving an Allocation from the Extra Credit Teacher Home Purchase Program Pool.

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