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REQUEST FOR CITY OF AUSTIN RESOLUTIONS & OTHER REQUIREMENTS for 2021 4% Low Income Housing Tax Credits This is the Application for developers requesting resolutions required by the Texas Department
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How to fill out 2021 lihtc project summary

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How to fill out 2021 lihtc project summary

01
To fill out the 2021 LIHTC project summary, follow these steps:
02
Provide the basic details of the project, such as the project name, address, and owner information.
03
Fill out the unit information section, including the total number of units, unit types, and any special features or amenities.
04
Specify the income restrictions and eligibility criteria for the LIHTC units.
05
Provide information on the financing sources for the project, including any LIHTC allocations received.
06
Include details on the project's compliance with the Low Income Housing Tax Credit rules and regulations.
07
Complete the project summary by providing a brief description of the project and any additional information required by the LIHTC program.
08
Review the completed form for accuracy and submit it to the appropriate LIHTC agency or organization.

Who needs 2021 lihtc project summary?

01
The 2021 LIHTC project summary is needed by developers, owners, or managers of low-income housing projects that are applying for or participating in the Low Income Housing Tax Credit program.
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The LIHTC project summary form is a document used to summarize the details and information about a Low-Income Housing Tax Credit (LIHTC) project, including its compliance and financial data.
Developers or owners of properties that have received LIHTC allocations are required to file the LIHTC project summary form.
To fill out the LIHTC project summary form, collect the necessary project information including unit types, income limits, tenant information, and compliance details, and complete each section of the form accurately.
The purpose of the LIHTC project summary form is to provide a comprehensive overview of the LIHTC project for reporting to state and federal agencies, ensuring compliance with tax credit regulations.
The information that must be reported includes the project's address, the number of units, income and rent limits, tenant demographics, and details of compliance with LIHTC regulations.
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