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This document outlines the updated Qualified Allocation Plan (QAP) for the Low Income Housing Tax Credit Program in the State of Oregon for the year 2025. It includes information on credit amounts,
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01
Review the eligibility requirements for the 2025 Oregon QAP.
02
Gather necessary documentation, including financial statements and project details.
03
Complete the application form accurately, ensuring all sections are filled out.
04
Provide information on project location, target population, and intended use of funds.
05
Include detailed project budget and timelines.
06
Submit the application by the deadline specified in the QAP guidelines.
07
Prepare for potential follow-up questions or additional documentation requests from the reviewing authority.

Who needs 2025 oregon qap?

01
Developers seeking funding for affordable housing projects in Oregon.
02
Non-profit organizations aiming to create or rehabilitate housing.
03
Local governments looking to support community housing initiatives.
04
Investors interested in opportunities within the affordable housing sector.
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The 2025 Oregon Qualified Allocation Plan (QAP) is a framework established by the state to allocate Low-Income Housing Tax Credits (LIHTC) for the development of affordable housing.
Developers and property owners seeking to apply for Low-Income Housing Tax Credits in Oregon are required to file the 2025 QAP.
To fill out the 2025 Oregon QAP, applicants must complete the official application forms provided by the Oregon Housing and Community Services, ensuring that all required documentation is attached and submitted by the specified deadlines.
The purpose of the 2025 Oregon QAP is to promote the development and preservation of affordable rental housing by outlining the criteria for the allocation of tax credits, thereby improving housing availability for low-income residents.
The 2025 Oregon QAP requires reporting of various information including project details, financing structures, compliance with federal and state regulations, and commitments to serve low-income households.
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Oregon Low Income Housing Tax Credit Qualified Allocation Plan affordable housing project selection housing compliance tax credits credit allocation nonprofit housing housing assistance

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