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California State/Tax Credit Allocation 02STATE OF CALIFORNIA / CALIFORNIA TAX CREDIT ALLOCATION COI~IMITTEE 91fi CAPITOL MALL, ROOM 485 ~ ~. _~, SACRAMENTO, CA 95814 TELEPHONE: (916)654-6340 FAX: (916) 654-6033 } ~"~ '" \0 Jeanne L. Peterson Executive Director MEMBERS Philip Angelides, Chair State Treasurer Timothy Gage Director of Finance Kathleen Connell State Controller TO: Local Government Officials DATE: March 5, 2002 FROM: California Tax Credit Allocation Committee RE: Participation as a Local Reviewing Agency The California Tax Credit Allocation Committee (TCAC) administers both the federal and state Low Income Housing Tax Credit programs in this state. The agency listed below has been designated as the Local Reviewing Agency (LRA) for your jurisdiction. The LRA provides reviews on proposed rental housing developments to TCAC. Please review the information below, update if necessary and return to our office via fax by March 15, 2002. Contact: Mr. Thomas P. Genovese Title: City Manager Agency: City of La Quinta Department: Address: 78-495 Calle Tampico La Quinta, CA 92253 Phone: '76,0 464x)-) 777-7000 Fa 7-- EMail Address: t:genoves@la-qu:i.n~:a, orcj Indi~r'~ing bel°w if~~v~h~e ~ag~n~y nOted abOve prOvide reviews' Signature Date IfY°u are interested in re-designating the LRA for your jurisdiction, please fax a letter from the City Manager (or the County Executive if the locality is a county) designating the appropriate city or county department as the Local Reviewing Agency for your locality. If you do not respond to this request, your agency will be taken out of our database and no future projects will be sent for review. TCAC will contact another agency or the California Housing Finance Agency to perform the evaluation. The LRA is entitled to receive payment of $1,000, one-half of TCAC's application filing fee, for performing the evaluation, although the LRA may waive its payment. Please note that the evaluation requires a site visit as well as review of zoning compliance. If you would like a copy of the evaluation form, or if you have any questions, please contact Wendy Zabaidi at (916) 653-3153. Thank you for your consideration and we look forward to working with you. NOTE: -Applications for TCAC's first funding cycle in 2002 will have a March 26th deadline.