Examples of Allocation Letter in a sentence
Projects with a Conditional Allocation must be Placed in Service no later than the date indicated in the Carryover Allocation Letter or the 42(m) Letter.
Failure to meet the conditions set forth in the Carryover Allocation Letter or to obtain Authority approval for an extension to meet the conditions set forth in the Carryover Allocation Letter may result in a revocation of the Conditional Allocation.
The Authority will issue a Carryover Allocation Letter near the end of the year in which the Project received a Reservation that will specify the conditions, documentation, and timeline to make the Carryover Allocation.
The Authority may extend the time for meeting the conditions set forth in the Carryover Allocation Letter.
Projects approved for an extension to meet the conditions set forth in the Carryover Allocation Letter may be subject to late fees.