Get the free 2017 Qualified Allocation Plan - Georgia Department of Community...

Georgia Department of Community Affairs2017 Funding ApplicationHousing Finance and Development DivisionProject NarrativeAzalea Senior Village Houghton, Jackson County Azalea Senior Village is a proposed

How to fill out 2017 qualified allocation plan

How to fill out 2017 qualified allocation plan

1. Obtain a copy of the 2017 Qualified Allocation Plan (QAP) from the appropriate source.
2. Familiarize yourself with the contents of the QAP, paying special attention to the eligibility criteria and application requirements.
3. Gather all necessary documentation, such as financial statements, project plans, and supporting documents.
4. Fill out the application form, providing accurate and complete information for each section.
5. Double-check your application for any errors or missing information.
6. Submit the completed application and supporting documents to the designated authority before the deadline.
7. Keep a copy of your application and any correspondence for future reference.
8. Await the evaluation of your application and any follow-up requests for additional information.
9. If your application is approved, carefully review and comply with any conditions or obligations outlined in the QAP.
10. If your application is not approved, consider seeking feedback or assistance to improve your chances in future rounds.

Who needs 2017 qualified allocation plan?

1. Developers or organizations planning to undertake affordable housing projects in the year 2017 may need the 2017 Qualified Allocation Plan.
2. Municipalities or government agencies responsible for allocating tax credits or subsidies for affordable housing may also need the QAP.
3. Investors or financial institutions interested in funding or supporting affordable housing projects may require access to the 2017 QAP.

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What is qualified allocation plan?

A qualified allocation plan is a plan that outlines the criteria used to allocate low-income housing tax credits to affordable housing projects.

Who is required to file qualified allocation plan?

Developers of affordable housing projects are required to file a qualified allocation plan with the appropriate housing agency.

How to fill out qualified allocation plan?

To fill out a qualified allocation plan, developers must provide detailed information on the project's financing, development team, unit mix, and target population.

What is the purpose of qualified allocation plan?

The purpose of a qualified allocation plan is to ensure that affordable housing tax credits are allocated in a fair and efficient manner to projects that meet the needs of low-income households.

What information must be reported on qualified allocation plan?

Information such as project financing, unit mix, target population, and development team must be reported on a qualified allocation plan.