Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

Initial Allocation means the Grant amount the Authority Staff recommends the Authority approve for Final Allocation as further described in Section 7222.

Initial Allocation means the amount potentially available to each county or tribe based on the formula in paragraphs (b) through (d).

Examples of Initial Allocation in a sentence

On the Initial Allocation Date, amounts in the Money Market Division will be allocated in accordance with the application.
On or after the Initial Allocation Date, the Owner may transfer the amounts invested in any of the Divisions.
The Developer/Owner of any Project awarded credits will be required to reimburse MBOH for legal fees and expenses incurred by MBOH with respect to any non- standard request, change, document or other matters relating to Reservation (Initial Allocation), Carryover Commitment, compliance or other aspects of qualifying for or obtaining Housing Credits.
MBOH may approve conversion of previously awarded Credits from the original Credit year of the Credits Awarded to a more recent Credit year (“Credit Refresh”) for Projects that have been issued a Carryover Allocation (Initial Allocation) and for which MBOH has approved such 10% Cost Certification.
After an Award of Credits, MBOH will provide a Reservation Agreement to the Owner.Once the Owner enters into a Reservation Agreement with MBOH, the Owner must then meet the requirements and conditions described and provide the required documentation before it receives a Carryover Allocation (Initial Allocation) or Final Allocation of Housing Credits.

More Definitions of Initial Allocation

Initial Allocation has the meaning set forth in Section 2.2(a).

Initial Allocation means an Authority staff-level decision granting an allocation.

Initial Allocation means an allocation made in respect of a Shipper for a Day on or prior to 16:00 on D +1;

Initial Allocation of an ISI Partner means the number of Vested and Unvested Class E Units, Class G Interests or Class H Interests, as the case may be, distributed to such ISI Partner on the Closing Date pursuant to the Contribution and Exchange Agreement (excluding any Units or Interests allocated to such ISI Partner at Closing pursuant to the last paragraph of Annex A of the Contribution and Exchange Agreement).

Initial Allocation shall have the meaning set forth in Section 11.2.

Initial Allocation is defined in Section 4.5.

Initial Allocation means the amount potentially available to each county or tribe