Common use of Final Allocation Clause in Contracts

Final Allocation. Upon notification by the Owner that the building has been placed in service, and compliance by the Owner with the requirements of the Authority for a final allocation of tax credits, the Authority will issue an IRS Form 8609 with respect to such building to the extent required by, and in accordance with, applicable Federal law then governing allocation of tax credits under Section 42 of the Code. The total dollar amount of 2025 tax credits reflected on such Form 8609 will not exceed the housing tax credit dollar amount allocated to the building(s) as set forth in the Carryover Allocation.

Final Allocation. Upon notification by the Owner that the building has been placed in service, and compliance by the Owner with the requirements of the Authority for a final allocation of tax credits, the Authority will issue an IRS Form 8609 with respect to such building to the extent required by, and in accordance with, applicable Federal law then governing allocation of tax credits under Section 42 of the Code. The total dollar amount of 2025 2022 tax credits reflected on such Form 8609 will not exceed the housing tax credit dollar amount allocated to the building(s) as set forth in the Carryover Allocation.

Final Allocation. Upon notification by the Owner that the building has been placed in service, and compliance by the Owner with the requirements of the Authority for a final allocation of tax credits, the Authority will issue an IRS Form 8609 with respect to such building to the extent required by, and in accordance with, applicable Federal law then governing allocation of tax credits under Section 42 of the Code. The total dollar amount of 2025 2024 tax credits reflected on such Form 8609 will not exceed the housing tax credit dollar amount allocated to the building(s) as set forth in the Carryover Allocation.

Final Allocation. Upon notification by the Owner that the building has been placed in service, and compliance by the Owner with the requirements of the Authority for a final allocation of tax credits, the Authority will issue an IRS Form 8609 with respect to such building to the extent required by, and in accordance with, applicable Federal law then governing allocation of tax credits under Section 42 of the Code. The total dollar amount of 2025 2019 tax credits reflected on such Form 8609 will not exceed the housing tax credit dollar amount allocated to the building(s) as set forth in the Carryover Allocation.

Final Allocation. Upon notification by the Owner that the building has been placed in service, and compliance by the Owner with the requirements of the Authority for a final allocation of tax credits, the Authority will issue an IRS Form 8609 with respect to such building to the extent required by, and in accordance with, applicable Federal law then governing allocation of tax credits under Section 42 of the Code. The total dollar amount of 2025 2021 tax credits reflected on such Form 8609 will not exceed the housing tax credit dollar amount allocated to the building(s) as set forth in the Carryover Allocation.