Pennsylvania Outlines Possible Adjustments, Waivers to 2009 QAP
By Caitlin Jones & A. J. Johnson
1 min read
Tax Credit Advisor, March 2009: The Pennsylvania Housing Finance Agency (PHFA) has issued a statement outlining specific adjustments and waivers of certain parameters and limits in its 2009 qualified allocation plan it will consider making in awarding 2009 low-income housing tax credits, to facilitate the viability of projects. Among these is a possible maximum 30% boost in the eligible basis of qualifying projects, and possible credit awards larger than the standard per project limit.
(http://www.phfa.org/forms/ multifamily_news/dv_pblc_ntc_chngs_2_09_brd.pdf)
