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Frequently Asked Questions: Processing

FAQs about Application


When will scores be announced? Top of Page

We will announce scores on our website in mid-April.


Are developments that previously received credit, and are applying for additional credit, given priority in this year's allocation? Top of Page

Yes. Additional credit requests must meet 2003 QAP criteria and have a minimum score of 160 points.


Are developments applying for additional credit required to submit all the required attachment documents? Top of Page

Applicants are required to submit materials that we would not yet have on file as submitted in previous applications. Specifically, this would include items needed to score the application using 2003 criteria.


Are applicants required to have applied for zoning approval/conditional use permit prior to submitting an application? Top of Page

Yes. However, you need not have received approval at the time you submit your application.


What are the fees for applying for tax credits? Top of Page

Developments allocated from set-asides:

  • Application fee
    • $800 for developments of 24 units or fewer
    • $1500 for developments of 25 units or more
  • Reservation fee: 5% of Annual Credit Amount
  • Allocation fee: 5% of Annual Credit Amount

Developments financed with tax-exempt bonds:

  • Application fee
    • $800 for developments of 24 units or fewer
    • $1200 for developments of 25 units or more
  • 1st & 2nd (two-tier review) fee: 2.5% per review of Annual Credit Amount