Housing Credit Allocation definition

Housing Credit Allocation means the amount of Housing Credits determined by the Corporation as necessary to make a Development financially feasible and viable throughout the Development’s Compliance Period pursuant to Section 42(m)(2)(A) of the IRC.
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Housing Credit Allocation means the amount of Housing Credits determined by the Corporation as
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Housing Credit Allocation means the amount of Housing Credits determined by the Corporation as necessary to make a
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Examples of Housing Credit Allocation in a sentence

  • The calculation of Excess Proceeds shall be made on the date that VHDA issues the Borrower’s United States Department of the Treasury Internal Revenue Service Low-Income Housing Credit Allocation and Certification (Form 8609).

  • The credit underwriting review shall include a comprehensive analysis of the Applicant, the real estate, the economics of the Development, the ability of the Applicant and the Development team to proceed, the evidence of need for affordable housing in order to determine that the Development meets the program requirements and determine a recommended SAIL or HOME loan amount, Housing Credit allocation amount or a combined SAIL loan amount and Housing Credit Allocation amount, if any.

  • The original recorded document must be submitted to Idaho Housing and Finance Association (“IHFA”) prior to issuance of a Low-Income Housing Credit Allocation Certification (IRS Form 8609).

  • The calculation of Excess Proceeds shall be made on the date that VHDA issues the Borrower’s United States Department of the Treasury Exhibit C FORM OF CDBG NOTE Internal Revenue Service Low-Income Housing Credit Allocation and Certification (Form 8609).

  • The calculation of Excess Proceeds shall be made on the date that VHDA issues the Borrower’s United States Department of the Treasury Internal Revenue Service Low- Income Housing Credit Allocation and Certification (Form 8609).

  • A copy of the recorded document must be submitted to MFA prior to issuance of a Low Income Housing Credit Allocation Certification (IRS Form 8609).


More Definitions of Housing Credit Allocation

Housing Credit Allocation means the amount of Housing Credits
Sample 1
Housing Credit Allocation means the amount of Housing Credits determined by the Corporation as necessary to make a Development financially feasible and viable throughout the Development’s
Sample 1

Related to Housing Credit Allocation

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Extended Revolving Credit Commitments shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).