915 Capitol Mall, Suite 485
Sacramento, CA 95814
p (916) 654-6340
f (916) 654-6033
www.treasurer.ca.gov/ctcac
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
MEMBERS
FIONA MA, CPA, CHAIR
State Treasurer
BETTY YEE
State Controller
KEELY MARTIN BOSLER
Director of Finance
GUSTAVO VELASQUEZ
Director of HCD
TIENA JOHNSON HALL
Executive Director of CalHFA
EXECUTIVE DIRECTOR
NANCEE ROBLES
DATE: February 18, 2022
TO: Owners and Management Companies of Low-Income Housing Tax
Credit (LIHTC) Projects
FROM: California Tax Credit Allocation Committee – Compliance Section
RE: Manager/Exempt Unit Change Requests
This Memorandum (“Memo”) serves as guidance from the California Tax Credit Allocation
Committee (“CTCAC” or “Committee”) to owners and management companies of LIHTC
properties in California regarding the process and procedure for exempt or manager unit
change requests.
Changes to exempt units may include the following:
Location change of manager or exempt unit to a different building
Bedroom size change of manager or exempt unit
Add an exempt unit to the property
Converting an exempt unit to a tax credit unit
For change requests involving the location or bedroom size of a manager or exempt unit,
please submit a formal letter outlining the change requested. The letter shall include:
Project name
CTCAC number
Current and proposed location and unit bedroom size(s) of manager/exempt unit(s)
o Building(s) and unit bedroom size(s)
Explanation and reason for requested change
Brief description of the job duties for the resident who will be occupying the unit
o Manager and exempt units may only be occupied by the property manager,
assistant manager, or maintenance staff who work primarily at the property
they reside
Manager/Exempt Unit Change Requests
February 18, 2022
100% Tax Credit Units Projects
The change in location of the manager/exempt unit within the same building does not
require CTCAC approval and may be done at the owner’s discretion. Projects not yet issued
their Regulatory Agreement or Form 8609(s) shall contact the Placed-in-Service staff for
requested changes to the manager/exempt unit.
Mixed Income Projects (Tax Credit Units and Market Rate Units)
The changes to the manager/exempt unit(s) cannot be made if the exempt unit(s) are
included in the Tax Credit portion of the project and identified in the Regulatory Agreement.
All request letters shall be submitted to the attention of Compliance Program Analyst,
Stephen Bellotti by email at [email protected] with a CC: to Shannon
Nardinelli at [email protected] and Elizabeth Gutierrez-Ramos at
The average processing time for manager/exempt unit change requests for a single project
is 3-4 weeks and requests are processed in the order received. Any request for changes at
multiple projects may result in additional processing time. CTCAC will only process
manager/exempt unit change requests at a specific property no more than once every two
years.
Changes to stated policies or procedures on this Memo may be changed or revised in
accordance with subject matter changes, regulatory changes, or updates to the program. If
you have any questions regarding the policies or information noted above, please contact
CTCAC Compliance Section Senior Program Managers Elizabeth Gutierrez-Ramos at
[email protected] or Shannon Nardinelli at
