REGIONAL: Early news of CA tax credit awards

The Sacramento Business Journal reports a big award of low-income housing tax credits today to the Globe Mills project, which is to redevelop historic mill buildings into 114 units of senior housing, also using federal HOME and brownfields assistance.

In other words, the California first-round tax credit awards are out. They're not yet listed on the site of the California Tax Credit Allocation Committee, but then the committee only just met this afternoon. Might also want to check the California Housing Finance Agency site for announcements on today's decisions.