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The Qualified Allocation Plan (QAP), details selection criteria and application requirements for the Rental Housing Tax Credit (RHTC), Multifamily Bonds and HOME funds in conjunction with RHTCs. It contains all deadlines, application fees, restrictions, standards and requirements.
The QAP plan is unique to the authoring state, but is built upon the basic requirements set by the Internal Revenue Code Section 42. If you are a developer interested in learning more about any of the above listed programs, please review the QAP documents listed below.