§369.104. Standards  


Latest version.
  • In administering the Program, the Authority, the Chairman, the Director, and the Staff shall consider, in addition to the criteria specifically set forth in this Part (particularly in Subparts B and C), the following: the purposes of the Program to provide decent, safe, and sanitary multifamily rental housing; the requirements of applicable State and federal law; the financial condition and previous experience of potential and participating developers; the financial integrity of the Program; the housing needs of the State; the desirability of achieving a reasonable geographic distribution of Qualified Developments throughout the State; and specific standards for the LIHTC program set forth in the QAP and the references embedded therein (found at https://www.ihda.org/developers/qap/).