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Request for Volume Cap Applications may be submitted until December 15. For applicants seeking Carry forward Allocation, this form serves as notice of intent. Email completed form to program.manager@azfinanceauthority.com
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How to fill out request for volume cap

01
Obtain the necessary application form for requesting volume cap from the appropriate governing body or agency.
02
Fill out the application form completely with accurate and detailed information about the project requiring volume cap.
03
Attach any supporting documents or information that may be required, such as project plans, financial statements, or feasibility studies.
04
Submit the completed application form and supporting documents to the governing body or agency according to their specified guidelines and deadlines.
05
Await review and approval of the request for volume cap, which may involve further documentation or clarification.

Who needs request for volume cap?

01
Developers of affordable housing projects
02
Municipalities or local governments financing infrastructure projects
03
Nonprofit organizations seeking financing for community development initiatives
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Request for volume cap is a formal application submitted by an entity seeking permission to issue tax-exempt bonds under certain restrictions set by the government.
Entities such as state or local governments, housing authorities, and non-profit organizations are typically required to file requests for volume cap.
Request for volume cap forms can usually be obtained from the relevant state or local housing authority and must be filled out with detailed information about the proposed bond issuance.
The purpose of the request for volume cap is to control the amount of tax-exempt bonds issued within a certain jurisdiction, ensuring that they are allocated fairly and used for eligible projects.
Information such as the amount of bonds requested, the purpose of the bond issuance, the location of the project, and the expected impact on the community must be reported on the request for volume cap.
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