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§ 5330. Specific Reports

CDLAC Regulations — Qualified Residential Rental Project Program (tax-exempt bond allocation) · 2026 edition · updated 2026-09-25 · California

The Applicant shall annually report to the Committee, no later than January 31 of each year, the following information:

(a) The number of loans or Mortgage Credit Certificates issued aggregated by calendar year;

(b) The schools at which Program Participants are employed, aggregated by API rank and the percent of noncredentialed teachers employed at the school;

(c) The number of Program Participants that have paid off their loans prior to the completion of the service commitment;

(d) The number of Program Participants that successfully complete the service commitment during the prior calendar year;

(e) The number of Program Participants that are currently serving but have not completed the service commitment;(f) The number of Program Participants that were excused during the prior calendar year from the service commitment under section 5314(e);

(g) The number of Program Participants during the prior calendar year that left a High Priority School without fulfilling their service commitment and who were not eligible for one of the exceptions set forth in section 5314(e);

(h) The number of Program Participants that have not responded to the Applicant's request for certification of the service commitment; and

(i) The total amount of assessment, if any, collected pursuant to section 5340.

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

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