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June 14, 2011

2012 Qualified Allocation Plan: Call for comments

The Iowa Finance Authority develops an annual Qualified Allocation Plan (QAP), in accordance with Section 42 of the Internal Revenue Code.

The QAP establishes the criteria and process for the allocation of the housing tax credits to qualified rental housing developments.

The Iowa Finance Authority is currently seeking input from the development community to assist in the analysis and the drafting of the 2012 QAP. Please submit comments and suggestions to Katie Kulisky  by 4:30 p.m. Monday, July 18.

Please note that there will also be a public hearing on the QAP, before it goes before the Iowa Finance Authority Board of Directors and the Governor for approval. 
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