Eligible Recipients

(1) Subject to 760 CMR 54.05(2), any person or entity (of whatever type) with an ownership interest in a qualified Massachusetts project is eligible to receive an allocation of Massachusetts standard LIHTC with respect to such project. (2) Only a person or entity (of whatever type) with an ownership interest in a qualified Massachusetts project that preserves and improves existing state or federally-assisted housing, pursuant to M.G.L. c. 62, § 6I(b)(1) and M.G.L. c. 63, § 31H(b)(1), is eligible to receive an allocation of preservation LIHTC. (3) Any person or entity (of whatever type) with an ownership interest in a qualified Massachusetts project that makes a qualified donation of all or a portion of the value of such project to an eligible DTC sponsor and demonstrates, to the satisfaction of the department that such donation qualifies for a Federal charitable deduction is eligible to receive an allocation of donation LIHTC with respect to such project. NON-TEXT PAGE