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.

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

Examples of Qualified Allocation Plan in a sentence

The Project will only be required to meet the requirements of the Qualified Allocation Plan in effect at the time the Project received the original allocation of Credit.
Any binding commitment to allocate subsequent year's State Ceiling authorized pursuant to this section shall be processed and evaluated in accordance with this Qualified Allocation Plan and shall be subject to MaineHousing authority to allocate Credit and applicable law.

More Definitions of Qualified Allocation Plan

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.

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 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 the qualified allocation

Qualified Allocation Plan means the qualified allocation plan adopted by the Utah Housing Corporation pursuant to Section 42(m), Internal Revenue Code.

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