Allocation Authority definition

Allocation Authority means the total dollar volume of the state of Florida’s Housing Credit ceiling available for distribution by the Corporation and authorized pursuant to Section 42 of the IRC.

Allocation Authority means the total dollar volume of Competitive Housing Credits available for distribution by the Corporation and authorized pursuant to Section 42 of the IRC.

Allocation Authority means the total dollar volume of the state of Florida’s Housing Credit ceiling

Examples of Allocation Authority in a sentence

• In particular, please describe the criteria used to prioritize QLICIs, assuming the Applicant has greater investment opportunities than available Allocation Authority.

• FHFC is required by Section 42, IRC, to allocate no more than 90 percent of the Allocation Authority to Applicants which do not qualify as Non-Profit Applicants.

• The portion of the Allocation Authority (annual per capita allocation amount plus any unused Housing Credit carryovers allocated among certain States per Section 42, IRC, (National Pool) minus any applicable binding commitments) designated to be available within each respective competitive solicitation process at the time the Board approves the list of applications to award funding will be awarded in accordance with each competitive solicitation process as approved by the Board.

• Unless the Board approves otherwise, any Allocation Authority received on or after October 1st from returned Housing Credits from a prior year, will be used (i) to fully fund any Application that has been partially funded with a binding commitment and then (ii) applied to the next annual Allocation Authority.

• FHFC will endeavor to allocate through one or more competitive solicitations not less than 15 percent of the Allocation Authority for Developments with Applicants qualified as Non- Profit under Rule Chapter 67-48, F.A.C., or as provided in the competitive solicitations, as applicable, unless the Board approves otherwise.

More Definitions of Allocation Authority

Allocation Authority. ’ means the

Allocation Authority means the total dollar volume of the state of Florida’s Housing Credit ceiling available for distribution by the Corporation and authorized pursuant to Section 42 of the IRC. “ALF” or “Assisted Living Facility” means a Florida licensed living facility that complies with Sections 429.01 through 429.54, F.S., and Rule Chapter 58A-5, F.A.C.

Allocation Authority means the total dollar volume of Housing Credits available for distribution by the Corporation and authorized pursuant to Section 42 of the IRC. (6) “Applicable Fraction” means Applicable Fraction as

Allocation Authority means the total dollar volume of Competitive Housing Credits available for

Allocation Authority means the total dollar volume of Housing Credits available for distribution by the Corporation and

Allocation Authority means the total dollar volume of Housing Credits available for distribution by the Corporation and authorized pursuant to Section 42 of the IRC. (7)(6) “Applicable Fraction” means Applicable Fraction as defined in Section 42(c)(1)(B) of the IRC.

Allocation Authority means the total dollar volume of the state of Florida’s Competitive Housing Credits