porno porno izle sikis

California Tax Credit Allocation Committee (TCAC) Issues Guidance for Use of California Utility Allowance Calculator on Existing LIHTC Properties

On August 27, 2014, TCAC issued revised guidance to allow existing LIHTC properties with photovoltaic (PV) system installation through the California Solar Initiative MASH Program to calculate tenant utility allowances based on the California Utility Allowance Calculator (CUAC), an energy consumption model for tenant-metered properties. Prior to this guidance, the CUAC model was only available for new construction and adaptive reuse housing projects. Use of the CUAC model will enable many owners to reduce utility allowances and increase operating income, which could be used to offset some energy-efficiency improvement costs or to stabilize project operations.

The guidance details submittal requirements, including a written summary of the PV system and its benefits, the CUAC model and required quality control, the project’s audited financial statements, documentation of tenant area load offsets, and tenant notifications. The tenant notification protections require the owner to provide a 90-day notice to tenants summarizing the proposed CUAC allowances, the current utility allowance and method, and the impact on tenant rent payments, along with ready access to supporting information.

While the guidance represents an important first step to facilitating more energy-efficiency improvements on California LIHTC properties, several challenges remain for tenants, including verifying the accuracy of the CUAC allowances, allowances reductions and rent increases based on reasons unrelated to energy savings (i.e. methodology changes), the potential burden of additional substantial rent increases, and the lack of shared benefits from the energy savings between tenants and owners.

ankara escort istanbul escort bayan
ankara escort istanbul escort bayan