Tax Credit Allocation definition

Tax Credit Allocation means Tax Credits approved for a Project by MFA in an amount determined by MFA as necessary to make a Project financially feasible and viable throughout the Project’s Compliance Period pursuant to Section 42(m)(2)(A) of the Code.
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Tax Credit Allocation means the amount of a tax credit that a qualified investor is
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Tax Credit Allocation shall have the meaning attributed thereto in the Recitals, and it shall include such additional action and/or documentation which the Department may take and provide pursuant to Section 42(h)(1) of the Code and Treasury Regulations in order to make an “allocation” to buildings in the Development for purposes of the Code.
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Examples of Tax Credit Allocation in a sentence

  • At the request of the Department, the Recipient shall submit a Work cost certification that shall have been audited by an independent certified public accountant in accordance with the requirements of the Department and the California Tax Credit Allocation Committee, if applicable.

  • At the request of the Department, the Recipient must submit a Capital Improvement Project and Rental Housing Development cost certification that shall have been audited by an independent certified public accountant in accordance with the requirements of the Department and the California Tax Credit Allocation Committee, if applicable.


More Definitions of Tax Credit Allocation

Tax Credit Allocation means together, the letters (or other form of notice) issued by the Credit Agency regarding the availability of a Low-Income Housing Tax Credit for the Project which is attached hereto as Schedule K subject to the terms and provisions thereof.
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Tax Credit Allocation means the allocation letter or final allocation of credits providing Tax Credits to the Development, together with such subsequent action and/or documentation which Florida Housing may take and provide pursuant to Section 42(h) of the Code and Treasury Regulations in order to make an “allocation” of Tax Credits to buildings in the Development for purposes of the Code.
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Tax Credit Allocation means the award of Tax Credit authority to the Owner with respect to the Project pursuant to the QAP or a previously effective Qualified Allocation Plan of CHFA, which allocation was exchanged, in whole or in part, by CHFA for TCEP Funds.
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Tax Credit Allocation means the allocation of Tax Credits to the Development Owner with respect to the Development pursuant to the QAP, which allocation was exchanged by the Department for Exchange Program Funds. Code.
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Tax Credit Allocation means the amount of a tax credit that a qualified investor is eligible to claim.
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Related to Tax Credit Allocation

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Government guaranteed securities, which may be held without limit:

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • Required Allocations means any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), Section 6.1(d)(ii), Section 6.1(d)(iv), Section 6.1(d)(v), Section 6.1(d)(vi), Section 6.1(d)(vii) or Section 6.1(d)(ix).

  • Final Allocation has the meaning set forth in Section 2.3.

  • Input Tax Credit means the credit of input tax;

  • Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

  • alternative maximum council tax reduction means the amount determined in accordance with paragraph 31 and Schedule 4;

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(ix).

  • Carryover Allocation means an Allocation made to the Project if the Project will not be Placed in Service by close of the calendar year of the Allocation.

  • Modification Loss Amount With respect to each Payment Date, the excess, if any, of the aggregate Modification Shortfall over the aggregate Modification Excess for such Payment Date.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;