Qualified Allocation Plan definition

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

• A Qualified Allocation Plan must set forth selection criteria and establish certain preferences and priorities for the allocation process in accordance with Section 42 of the Code.

• To encourage preservation applications, the Department historically has included a preservation set-aside in its annual Qualified Allocation Plan.

• The 2022-2023 Qualified Allocation Plan reflects the ten sustainable development principles that have been in effect in Massachusetts since 2007.

• Each year MSHA must adopt a Qualified Allocation Plan pursuant to which all allocations of Credit will be made.

• Under the Qualified Allocation Plan, DHCD’s scoring of projects will consider whether sponsors have provided sufficient evidence of both their history of diverse supplier contracting and their current plan for utilization of MBE and WBE businesses on the proposed project.

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 a qualified allocation plan adopted by the Utah Housing Corporation in accordance with Section 42(m), 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 plan adopted by the KHRC pursuant to section 42(m) of the federal internal revenue code;

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