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Reviewed and Approved by the Executive Director:November 18, 2021FOR ACTION I.REQUEST Approve the 2022/2023 Qualified Allocation Plan for the Low Income Housing Tax Credit Program. FACTS A. The Low
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The approve form qualified allocation is a form used to allocate qualified low-income housing tax credits among multiple investors.
The general partner or developer of a low-income housing project is required to file the approve form qualified allocation.
The form must be filled out with detailed information about the low-income housing project, including the amount of tax credits requested and the allocation among investors.
The purpose of the form is to secure approval for the allocation of tax credits to investors for low-income housing projects.
Information such as project details, requested tax credits, investor allocations, and compliance measures must be reported on the form.
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