Examples of Regional Pool in a sentence
To be eligible for a New Construction Regional Pool, an Initial Application must propose new construction of multifamily housing, meet all requirements in this QAP for an eligible Initial Application, and be subject to all applicable limits.
In the event that a full reservation cannot be made to the next highest ranking Initial Application, then remaining Housing Credit will be transferred to the New Construction Regional Pool.
New Construction Regional Pool allocations are limited to 1 per county.
In the event that a full reservation cannot be made to the next highest ranking eligible Initial Application, then remaining Housing Credit will be transferred to the New Construction Regional Pool.
Reservations from a New Construction Regional Pool will be limited to the number and type of developments as specified in Section 3–C.