Examples of Placed in Service Date in a sentence
Commencing the first full month after the Placed in Service Date, Recipient shall annually deposit into an Operating Reserve Account an amount equal to 3% of gross rents per year.
Projects must be not less than 20 years from the most recent LIHTC Placed in Service Date at time of application.
The operating deficit guarantee obligates Recipient to pay all operating deficits during the first thirty six (36) months after the final project Placed in Service Date, including, but not limited to the funding of reserve accounts, up to a total of the Guarantee Amount.
Total # of Buildings: Total #of Units:Total # Low Income Units: BIN # Placed in Service Date 1st Year Credits Claimed 3.
Placed in Service Date: For buildings, this is the date on which the building is ready and available for its specifically assigned function, as set forth on IRS Form 8609.