Laserfiche WebLink
202403568 <br />TAX CREDIT INFORMATION - <br />Allocation of Federal Low Income Housing Tax Credits: $TBD <br />Allocation of Nebraska Affordable Housing Tax Credits: $TBD <br />Occupancy Date: The date(s) set forth in the Table above under THE PROJECT. <br />Nonprofit Set -Aside: No <br />Project Subject to a Right of First Refusal: Yes <br />Name of Entity entitled to the Right of First Refusal: <br />Housing Development Corporation <br />Contact Information: Michelle Callahan <br />Income Election Set -Aside for IRS purposes <br />Applicable Set -Aside Percentage: 40% <br />Applicable Income Percentage: 60% <br />Targeted Rent Levels <br />10% of the Qualified Units (2 units) will have overall rents affordable at or below 40% of the <br />applicable area median income. <br />40% of the Qualified Units (8 units) will have overall rents affordable at or below 50 % of the <br />applicable area median income. <br />Affordability Period <br />Required Number of Years: 45 Total Years (Compliance Period: 15 years plus Extended Use <br />period 30 years) <br />Qualified Contract <br />Qualified Contract Required Number of Years : 30 Years <br />Additional Targeting Commitments <br />All commitments of the Owner (as set forth in the Application and which are incorporated <br />herein by reference), including, but not limited to the following: <br />Seniors aged 55+ <br />Final 12/21 <br />