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Multifamily Finance Production Division2004 Housing Tax Credit Program
Qualified Allocation Plan and Rules
Adopted by TD HCA Board on September 9, 2004
50.1. PURPOSE, PROGRAM STATEMENT, ALLOCATION
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What is qualified allocation plan and?
A qualified allocation plan is a plan that describes how low-income housing tax credits will be allocated among various projects.
Who is required to file qualified allocation plan and?
Developers or owners of affordable housing projects are required to file a qualified allocation plan.
How to fill out qualified allocation plan and?
The qualified allocation plan can be filled out by providing detailed information about the affordable housing project, its financing, and how the tax credits will be allocated.
What is the purpose of qualified allocation plan and?
The purpose of a qualified allocation plan is to ensure that low-income housing tax credits are allocated in a fair and efficient manner to promote affordable housing development.
What information must be reported on qualified allocation plan and?
The qualified allocation plan must include information about the project's location, financing sources, eligible basis, and how the tax credits will be distributed.
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