Qualified Allocation Plan definition

Qualified Allocation Plan or “QAP” means this Qualified Allocation Plan, which was adopted by Board Action on November 16, 2016 and made effective as of January 1, 2017, and which was approved by the Governor of the State of New Mexico pursuant to Section 42(m)(1)(B) of the Code and sets forth the Project Selection Criteria and the preferences for Projects which will receive Tax Credits.

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Qualified Allocation Plan or “Plan” means the plan for allocation of the annual State Ceiling on the Credit adopted by the housing credit agency pursuant Section 42(m)(1)(B) of the Code.

Qualified Allocation Plan or “Plan” means the plan for allocating and administering the Credit adopted by the housing credit agency pursuant Section 42(m)(1)(B) of the Code.

Examples of Qualified Allocation Plan in a sentence

The Qualified Allocation Plan adopted by the Allocation Committee from time to time in accordance with the provisions of Section 42(m) of the Code.
The Authority’s issuance of the Allocation Certificate is conditioned upon the satisfaction of the Owner of all requirements in the Qualified Allocation Plan for the issuance of such certificate.
The capitalized terms used in this Agreement shall have the meanings ascribed to them in the Recitals hereto and in this Article I; provided that certain capitalized terms used and not defined herein shall have the meanings ascribed to them in Section 42 of the Code or in the relevant year Qualified Allocation Plan (Title 10 Texas Administrative Code Chapter 49 and/or 50).
IHCDA is authorized to act as the state’s housing credit agency and administers, operates, and manages the allocation of low income housing tax credits (“LIHTC”) pursuant to Section 42 of the Internal Revenue Code (“Code”), the Qualified Allocation Plan for the State of Indiana (“Allocation Plan”) and other rules, regulations, guidance and notices relating to LIHTC issued by the Internal Revenue Service (“IRS”) or IHCDA, from time to time (collectively “LIHTC Program”).
This development competed for an allocation of Credits under the following set-aside(s), and is subject to all requirements of that set-aside as defined in the [INSERT YEARS] Indiana Qualified Allocation Plan.

More Definitions of Qualified Allocation Plan

Qualified Allocation Plan or “QAP” means this Montana qualified allocation plan required by Section 42 of the Code.

Qualified Allocation Plan means the qualified allocation plan adopted by the KHRC pursuant to section 42(m) of the federal internal revenue code;

Qualified Allocation Plan means a qualified allocation plan adopted by the Utah Housing Corporation in accordance with Section 42(m), Internal Revenue Code.

Qualified Allocation Plan means the qualified allocation

Qualified Allocation Plan or "QAP" means, with respect to the HC Program, the Qualified Allocation Plan which is adopted and incorporated herein by reference, effective November 9, 1998, and which was approved by the Governor of the State of Florida on September 25, 1998, pursuant to Section 42(m)(1)(B) of the Code and sets forth the selection criteria and the preferences of the Corporation for Developments which will receive Housing Credits. The QAP is included as an attachment to the Application Package.

Qualified Allocation Plan means a plan adopted by the board under this subchapter that:

Qualified Allocation Plan or “QAP” means this Montana qualified allocation