Housing Credit Program definition

Housing Credit Program means the rental housing program administered by the Corporation pursuant to Section 42 of the IRC and Section 420.5099, F.S., under which the Corporation is designated the Housing Credit agency for the Sstate of Florida within the meaning of Section 42(h)(7)(A) of the IRC and Rule Chapter 67-48, F.A.C.
Housing Credit Program means the federal tax credit program administered by FHFC in accordance with Section 42 of the Code and rule Chapter 67-48, F.A.C.
Housing Credit Program. The Housing Credit Program that Florida Housing administers pursuant to Sections 420.507 and 420.5099, Fla. Stat., and Chapters 67-21 and 67-48, F.A.C. “HUD” United States Department of Housing and Urban Development.

Examples of Housing Credit Program in a sentence

  • Recipient shall forward copies of all documentation (including but not limited to checks received) regarding the amount of such proceeds to DHCR’s Low- Income Housing Credit Program Manager within 30 days of Recipient’s receipt from or submission to the NYS Department of Taxation and Finance.

  • Notwithstanding anything to the contrary herein contained, in no event shall (x) the aggregate amount of completion guarantees with respect to Projects at any time exceed 15% of Total Value and (y) the aggregate amount of Low Income Housing Credit Program Guarantees at any time exceed $11 million.

  • After the Effective Date of this Sublicense Agreement, there shall be a * transition period during which Vanda shall provide, at its own cost, reasonable resources, expertise, and documents to effectively transfer the Vanda Know-How and development activity in the U.S./Canadian Territory to Novartis.

  • Special Counsel shall also represent Florida Housing, at Florida Housing's request, in connection with the Housing Credit Program, State Apartment Incentive Loan Program (SAIL), Guarantee Program, HOME Investment Partnership Program, Predevelopment Loan Program (PLP), Elderly Housing Community Loan Program (EHCL), and Homeownership Assistance Program (HAP), loan transactions, and such other matters as Florida Housing shall request.

  • This policy will be reviewed periodically and may be modified to facilitate better administration of the Housing Credit Program.

  • The Borrower shall comply with the Act and with the Rule, as applicable to the Housing Credit Program.

  • Trustee shall be entitled to rely on the accuracy of the Participant Data provided by Company prior to a Change in Control, and shall have no duty to verify the accuracy thereof.