DCA has released Project Team qualification determinations for all 2016 Pre-Application submissions. The Project Teams identified as "Qualified-Incomplete" or "Probationary-Incomplete" have been deemed qualified for the 2016 Round contingent upon submittal of additional documentation verifying the percentage interest of GP Entity and/or Development Entity listed on the Experience Summary tab of the Performance, Experience and Compliance History Summary Workbook.

The additional documentation is to be submitted with the Housing Credit Application submission due on June 9th. Please submit one of the following two documents to confirm the Certified Entity/Principal has the stated interest in the GP Entity and/or Development Entity of the Successful Tax Credit Project:

1. A letter from the Syndicator involved with the project
2. The GP Partnership Agreement / GP Operating Agreement / Development Agreement

Documents demonstrating involvement with the project but not explicitly identifying the Certified Entity/Principal as having the stated interest in the deal do not meet these requirements. For example, a copy of the tax credit project partnership agreement which only lists the approximate 1% share of the General Partner cannot be used to confirm the Certified Entity/Principal has a 50% share of the General Partner entity. The partnership agreement for the GP must be provided and such agreement must explicitly identify the Certified Entity/Principal as having the stated interest.