Tax Credit Project definition

Tax Credit Project means the proposed or existing rental housing development(s) for which Tax Credits have been applied for or received.
Sample 1Sample 2Sample 3
Tax Credit Project means a Project for which MaineHousing allocated federal low-income housing tax credits pursuant to Section 42 of the Code or State of Maine affordable housing tax credits pursuant to 36 M.R.S. §5219-WW and 30-A M.R.S. §4722(1)(GG).
Sample 1Sample 2Sample 3
Tax Credit Project means any Project that includes, utilizes or monetizes any Tax Credits. For purposes hereof, a Tax Credit Project is deemed to be owned by each applicable Tax Credit Party and each Restricted Party that owns or operates any portion of such Tax Credit Project.
Sample 1Sample 2

Examples of Tax Credit Project in a sentence

  • A site or parcel map indicating the location of the subject property and showing exactly where the buildings comprising the Tax Credit Project will be situated.

  • Letter from Syndicator certifying role and interest of the Certifying Entity and/or Principal for each Successful Tax Credit Project used to meet experience requirements.

  • The relevant Limited Partnership Agreement for a Successful Tax Credit Project may not be used as a substitute for the letter from the Syndicator to certify role and interest in the project.

  • SIGNATURE (S): (Signature of Tenant) Date(Signature of Co-Tenant) Date(Signature of Co-Tenant) Date(Signature of Co-Tenant) DateTHIS FORM MAY BE PHOTOCOPIED AUTHORIZATION TO RELEASE INFORMATION RE: Applicant/Tenant: Unit # Property Name: Address: As managing agents for this Low Income Housing Tax Credit Project, Federal Regulations require we verify the program eligibility of all members of families applying for admission and verify this information periodically for residents.

  • The Division will not agree to stipulations or subordinations agreements to reduce the affordability period of a Low Income Housing Tax Credit Project.

  • New Developers may meet this requirement through a partner who was a member of the Development Team on a prior Tax Credit Project that has achieved 100% qualified occupancy and for which the applicable state housing finance agency has conducted a compliance audit which revealed no significant problems.

  • Documents for Waiver Request:• Narrative of basis for Waiver Request.• Documentation of Successful Tax Credit Project development and ownership.• Documentation of resources expended, reports, if available, related to good faith efforts.• All documents related to Significant Adverse Event, including 3rd party support for the basis of the Waiver Request, if possible.• Documentation of previous DCA waiver, if applicable.

  • The IFA Board has discretion to approve the bond inducement resolution for the purpose of using tax-exempt financing for the 4% Tax Credit Project.

  • Normally such negotiations should be undertaken with all those who have met the selection criteria in the original process.

  • The owner of the Tax Credit Project (the “Tax Credit Project Owner”) shall have no obligations or liability hereunder relating to the Inclusionary Units located in the Mixed Income Project.

Related to Tax Credit Project

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Redevelopment project means a specific construction project

  • Project Cost means the costs incurred in connection with the

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.