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Page 10 of 18 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />Low-Resource Areas <br />Sites identified as “Low- <br />Resource” by the <br />California’s Tax Credit <br />Allocation Committee <br />(TCAC), as shown in Figure <br />4, may be excluded as long <br />as the jurisdiction <br />cumulatively allows for at <br />least 50 percent of the <br />total SB 79 capacity.13 <br />Sites in <br />California <br />TCAC Low <br />Resource Area <br />Figure 4: Sites within the Redwood City SB 79 Eligibility Radius <br />in California TCAC Low Resource Area <br />Source: Redwood City GIS, 2026 <br />13 65912.161(b)(1) (B)(iii) A site in an area designated as low resource on the most recently adopted version of the <br />opportunity area maps published by the California Tax Credit Allocation Committee and the department, and within <br />a jurisdiction that cumulatively allows for at least 50 percent of the total capacity for units and floor area as <br />specified under Section 65912.157 across all transit-oriented zones. <br />The TCAC Opportunity Maps (https://www.treasurer.ca.gov/ctcac/opportunity) were originally developed to guide <br />the allocation of Low-Income Housing Tax Credit (LIHTC) funding by identifying areas of varying levels of access to <br />opportunity across California. The maps categorize neighborhoods based on factors such as economic conditions, <br />educational resources, environmental quality, and access to jobs and services. <br />8.A. - Page 10 of 97 <br />228