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DAKOTA COUNTY CDA HOUSING TAX CREDIT 20222023 QUALIFIED ALLOCATION PLAN (MAP)Dakota County CDA MAP 20222023TABLE CONTENTSARTICLE DEFINITIONS ...................................................................................................................
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Who needs 20222023 qualified allocation plan?

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Developers and organizations seeking funding for affordable housing projects.
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Non-profit organizations and community development corporations involved in affordable housing initiatives.
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The 2022-2023 qualified allocation plan is a set of guidelines and criteria used to allocate Low-Income Housing Tax Credits (LIHTC) to affordable housing projects.
Developers or owners of affordable housing projects seeking to receive Low-Income Housing Tax Credits (LIHTC) are required to file the 2022-2023 qualified allocation plan.
The 2022-2023 qualified allocation plan must be completed by providing detailed information about the affordable housing project, including the number of units, target population, financing plan, and expected impact on the community.
The purpose of the 2022-2023 qualified allocation plan is to ensure that Low-Income Housing Tax Credits (LIHTC) are allocated to projects that meet the criteria for providing affordable housing to low-income individuals and families.
The 2022-2023 qualified allocation plan must include details about the location and size of the affordable housing project, the income limits for qualifying tenants, the financing sources, and the expected timeline for completion.
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