Section 12205 Of Article 1. General From California Revenue And Taxation Code >> Division 2. >> Part 7. >> Chapter 3. >> Article 1.

. It is the intent of the Legislature that the amount of the state low-income housing tax credit allocated to a project pursuant to Section 12206 shall not exceed an amount in addition to the federal tax credit that is necessary for the financial feasibility of the project and its viability throughout the extended use period.