Qualified Allocation Plan (QAP) definition

Qualified Allocation Plan (QAP) means these Chapter 36 Rules plus the Application Packet (AP) as defined and other materials provided by OHFA. The deadline for all informal input sessions and the formal public hearing for changes in the QAP will be published by OHFA Staff.
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Qualified Allocation Plan (QAP) means these Chapter 36 Rules
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Qualified Allocation Plan (QAP). A Qualified Allocation Plan is the mechanism by which a state housing finance agency promulgates the criteria by which it will select to whom it will award tax credits. Each state must develop a QAP. The QAP also lists all deadlines, application fees, restrictions, standards and requirements.
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Examples of Qualified Allocation Plan (QAP) in a sentence

  • Required Targeted Units are as established in the Qualified Allocation Plan (QAP) for the year in which the property received an allocation of Low-Income Housing Tax Credits (LIHTC), if applicable, or as may otherwise be required under other applicable Agency programs.

  • General The LHC will prepare a Notice of Funding Availability (NOFA) which may also include the Qualified Allocation Plan (QAP) that will describe in detail eligible Applicants and activities, what an Application must include; when and where Applications are to be submitted; the criteria by which Applications will be evaluated; who will review the Applications; and when grant awards are to be made.

  • The period begins following the last placed in service date for any building in the Project as required by the 2018 Qualified Allocation Plan (QAP) and Housing Tax Credit Program Procedural Manual.

  • The Project has been awarded 4% Low Income Housing Tax Credit by NCHFA under the 2019 Qualified Allocation Plan (QAP).

  • The period begins following the last placed in service date for any building in the Project as required by the 2020 Qualified Allocation Plan (QAP) and HTC Program Procedural Manual.

  • Required Targeted Units (Required Targeted Units) are as established in the Qualified Allocation Plan (QAP) for the year in which the property received an allocation of Low Income Housing Tax Credits (LIHTC), if applicable, or as may otherwise be required under other applicable Agency programs.

  • The Contractor will work with the Authority to examine the Qualified Allocation Plan (QAP) and its processes through a racial equity lens and consider how incorporating racial equity into its design may ▇▇▇▇▇▇ opportunities for wealth building and advancing racial equity in communities developed with Low-Income Housing Tax Credits (LIHTC).