Competitive Housing Credits definition

Competitive Housing Credits or “Competitive HC” means those Housing Credits which come from the Corporation’s annual Allocation Authority.
Sample 1Sample 2Sample 3
Competitive Housing Credits or “Competitive HC” means those Housing Credits which come from the Corporation’s
Sample 1Sample 2
Competitive Housing Credits or “Competitive HC” means those Housing Credits which come from Florida Housing’s annual Allocation Authority.
Sample 1Sample 2Sample 3

Examples of Competitive Housing Credits in a sentence

  • A LURA or EUA, or both, for an existing building or buildings, originally constructed at least 25 years prior to the deadline to apply for the applicable Competitive Housing Credits, where, in the current Application, the Applicant has selected and qualified for the Homeless demographic commitment with a Development category of Rehabilitation, Acquisition and Rehabilitation, Preservation, or Acquisition and Preservation.

  • All Competitive Housing Credits not retained by the Applicant (up to an assumed maximum of 0.01 percent of the Housing Credit Allocation) must be sold directly or indirectly to an investor at market rate pricing.

  • The provisions of Rule Chapter 67-48, F.A.C., regarding Competitive Housing Credits.

  • In the FY2015 omnibus appropriations act, enacted in December 2014 (H.R. 83/P.L. 113-235), Congress provided EPA with $2.2 million for hiring and staffing to implement the new program, but it did not appropriate funds to actually finance projects.

  • The provisions of rule Chapter 67-48, F.A.C., regarding Competitive Housing Credits.

  • FHFC issues and allocates Competitive Housing Credits through competitive solicitation processes pursuant to Rule Chapter 67-60, F.A.C. Prior to the issuance of a Housing Credit Allocation, a Development must be underwritten in accordance with Rule 67-48.0072, F.A.C., or as outlined in a competitive solicitation in order to determine the Development’s feasibility, ability to proceed and the appropriate Housing Credit amount, if any.

  • If an Initial Application for Competitive Housing Credits and an application for MTBA and Noncompetitive Housing Credits are submitted for the same development, the Initial Application for Competitive Housing Credits will be deemed ineligible.

  • This RFA proposes to utilize Competitive Housing Credits (HC) in conjunction with State Apartment Incentive Loan (SAIL) funding, or grants.

  • Rule chapter 67-48, F.A.C., regarding Competitive Housing Credits.

  • The provisions of rule chapter 67-48, F.A.C., regarding Competitive Housing Credits.

Related to Competitive Housing Credits

  • Anti-competitive Practice means any collusion, bid rigging or anti- competitive arrangement, or any other practice coming under the purview of the Competition Act, 2002, between two or more bidders, with or without the knowledge of the Bank, that may impair the transparency, fairness and the progress of the procurement process or to establish bid prices at artificial, non- competitive levels;

  • Competitive Local Exchange Carrier (CLEC) means any company or person authorized to provide local exchange services in competition with an ILEC.

  • Competitive Local Exchange Carrier (CLEC) means a telephone company certificated by the Commission to provide local Exchange Service within AT&T-21STATE’s franchised area.

  • Competitive Activity will not include (i) the mere ownership of securities in any such enterprise and the exercise of rights appurtenant thereto or (ii) participation in the management of any such enterprise other than in connection with the competitive operations of such enterprise.

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Affordable Housing Cost means an amount satisfied by:

  • Housing Provider means, with respect to a HOME Development, Local Government, consortia approved by HUD under 24 CFR Part 92, for-profit and Non-Profit Developers, and qualified CHDOs, with demonstrated capacity to construct or rehabilitate affordable housing.