D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 10. PLANNING AND DEVELOPMENT |
SubTilte 10-B. PLANNING AND DEVELOPMENT |
Chapter 10-B34. LOW INCOME HOUSING TAX CREDIT PROGRAM |
Section 10-B3401. APPLICATION FOR TAX CREDITS
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3401.1Applications for tax credits shall be in a form and include information as required by the Department.
3401.2The Department may establish time periods for acceptance of applications for tax credits for calendar years 1987, 1988, and 1989. A public notice shall be given specifying the time for submission of applications.
3401.3Any application accepted during the period emergency rules are in effect may, upon issuance of final rules, be retained for consideration by the Department at its discretion.
3401.4The Department may establish a fee for application as follows:
(a)For non-profit developer applicants, application fees shall not exceed two hundred dollars ($2.00); and
(b)For other developer applicants, application fees shall not exceed live hundred dollars ($500).
3401.5Applications for tax credits shall not create any entitlement for tax credits.