Letter of Determination definition

Letter of Determination means a notice issued by GHFA to the issuer of tax exempt bonds for a specific project, which states that the project is eligible for 4% low income housing tax credits without receiving an allocation of credits from the State Housing Credit Ceiling because the project satisfies the requirements of this Plan; and sets forth conditions which must be met by the development before GHFA will issue the IRS Form(s) 8609 to the Owner.
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Letter of Determination means the letter issued by MFA pursuant to Section 42(m)(1)(D) of the Code advising the Project Owner that MFA has made the determination that a Tax Exempt Bond Financed Project satisfies the requirements for an allocation of Tax Credits under the QAP conditioned upon Project compliance with Section 42 of the Code.
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Letter of Determination means a notice issued by GHFA to the issuer of tax exempt
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Examples of Letter of Determination in a sentence

  • DCA will provide its Letter of Determination within 75 days of the receipt of a complete Application.

  • After issuance of the Letter of Determination, significant changes in the financing structure, syndicator, or scope of work must be approved in writing by DCA.

  • All Applicants with intent to submit 4% Credit bond applications for issuance of a Letter of Determination are required to complete the pre-application process.

  • Accordingly, documents prepared in anticipation of the Hearing (including the Investigative Report, the Letter of Determination, the appeal petition and response, documents, testimony, or other information introduced at the Hearing, and any recording or transcripts of the Hearing) may not be disclosed outside of the Hearing procedures, except as may be required or authorized by law.

  • Prior to the Hearing, the Hearing Panel members will review all the written materials provided to them by the Dean of Students, including OJA’s Investigative Report, the Dean of Students’ Letter of Determination, the appeal petition and response (if any), and any other documents or evidence submitted by the parties.

  • The respondent shall have the right not to answer questions during the Hearing; however, the exercise of that right shall not preclude the Hearing Panel from proceeding and evaluating the appeal on the basis of the Investigative Report, Letter of Determination, and other available information.

  • In making an Application to DCA for a Letter of Determination, an owner must:• Complete the standard application.• Provide all supporting documentation necessary to meet all applicable requirements.• Pay the appropriate application fee and other applicable fees.• Include the DCA issued pre-application clearance letter for the specific deal.

  • For all 4% bond projects that propose rehabilitation, a work scope/plan review conference is required prior to issuing the Letter of Determination.

  • Most states recognize the federal Letter of Determination and do not require any additional, state filings in order to be income tax-exempt for state purposes.

  • For all 4% Credit bond projects that propose rehabilitation, a work scope/plan review conference is required prior to issuing the Letter of Determination.


More Definitions of Letter of Determination

Letter of Determination means a written statement issued by the Director documenting the reasons for approving or rejecting remedial action plan.
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Letter of Determination means a notice issued by GHFA to the issuer of tax exempt bonds for a specific project, which states that the project is eligible for 4% low income housing tax credits without
Sample 1
Letter of Determination means a notice issued by GHFA to the issuer of tax exempt bonds for a specific project, which states that the project is eligible for 4% low income housing tax credits without receiving an allocation of credits from the state housing credit
Sample 1

Related to Letter of Determination

  • Series A Certificate of Designation means the Certificate of Designation of Series A Cumulative Convertible Preferred Shares of the Company as in effect on the date hereof.

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • Certificate of Designation means the Certificate of Designation to be filed prior to the Closing by the Company with the Secretary of State of Delaware, in the form of Exhibit A attached hereto.

  • Series B Certificate of Designation means the Certificate of Designation of Series B Cumulative Convertible Preferred Shares of the Company as in effect on the date hereof.

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period.