Examples of Tax credit program in a sentence
Instead of an income-based rent, Tenant may choose for each year to pay a “Flat Rent” which is equal to the maximum rent for Tenant’s unit under the Low Income Housing Tax Credit Program.
Borrower also covenants and agrees to verify that the income information provided by an applicant or occupying household in an income certification affidavit or certificate is in compliance with the guidelines of Section 42 of Code for the Low Income Housing Tax Credit Program.
Instead of an income-based rent, Tenant may choose for each year to pay a “Flat Rent” which is equal to the maximum rent for Tenant’s unit under the Federal Low Income Housing Tax Credit Program, in accordance with Section 42 of the Internal Revenue Code of 1986, as amended.
The Department has been designated as the housing credit agency for the State of Arizona for allocation of tax credits under the Low Income Housing Tax Credit Program.
Owner acknowledges that THDA must perform asset management functions so as to ensure compliance with Program Requirements and Tax Credit Program Requirements and to assure the long-term viability of the Development.
To the Board: ATTENTION: Housing Tax Credit Program Minneapolis/Saint Xxxx Housing Finance Board c/o Housing and Redevelopment Authority of the City of Saint Xxxx 00 Xxxx Xxxxxx Xxxxxx, Xxxxx 0000 Xxxxx Xxxx, Minnesota 55102 To the Owner: ATTENTION: The Board, and the Owner, may, by notice given hereunder, designate any further or different addresses to which subsequent notices, certificates or other communications shall be sent.
Definitions are included as part of The Affordable Housing Tax Credit Program Rules at Title 330 Chapter 36.
IfResident does not meet all requirements ofthe Low Income Housing Tax Credit Program as administered by the Utah Housing Finance Agency, during the term ofthis lease, then Resident agrees to move out of said apartment upon (15) days written notice given by Owner and said lease shall be terminated.
If Resident does not meet all requirements of the Low Income Housing Tax Credit Program as administered by the Utah Housing Finance Agency, during the term of this lease, then Resident agrees to move out of said apartment upon (15) days written notice given by Owner and said lease shall be terminated.
Any such rent increase must be implemented pursuant to a transition plan approved by the County consistent with remedial measures set forth in California Code of Regulations Title 4, Division 17, Chapter 1, Section 10337(a)(3) or successor regulation applicable to California's Federal and State Low Income Housing Tax Credit Program.