760 CMR 68.04
CITC Amendments and Extensions
Amendments and extensions of CITC allocations must be approved in writing by the
Department. The Department may amend a CITC allocation to reduce or increase the amount
allocated.
(1) Application for Department Approval of Amendment. The application for an amendment
to a CITC allocation shall be in writing in a format prescribed by the Department.
(2) Application for Department Approval of Extension. A Community Partner that anticipates
that it will not be able to fully utilize its CITC allocation within three years may apply in writing
to the Department for a one-year extension, subject to any restrictions or limitations the
Department may implement through administrative guidance or contract. The application shall
be in writing in a format prescribed by the Department, and must be submitted to the Department
not less than 90 days prior to the expiration of the three-year allocation period.