Regl. 9712, art. 11.1
LOW-INCOME HOUSING TAX CREDIT PROGRAM 2025 QUALIFIED ALLOCATION PLAN
Cite as Reglamento Núm. 9712, Art. 11.1
5.1.1.5. Owners' Certification (Annex G).
5.1.1.6. Accountant's Opinion (Annex H).
5.1.1.7. Attorney's Opinion (Annex I).
5.1.1.8. Designer's Preliminary Certification (Annex J).
5.1.1.9. Owner must demonstrate its commitment to extend the initial 15-year
period of compliance with the Tax Credit program's income and rent
restriction requirements for a minimum of 15 additional years. (Annex K).
5.1.1.10. Written unqualified endorsement from the Mayor or Authorized
Representative of the Municipality where the project will be located.
5.1.1.11. Sworn statement from Applicant as to federal, state, or local subsidies
received or expected to be received for the development and operation of
the project.
Copies of the contracts, firm commitment letters or letters of intent from
the federal, state, or local subsidies received or expected to be received for
the development and operation of the project, as applicable, must be
provided with the Application.
5.1.1.12. Acquisition/rehabilitation projects must submit a certification attesting to
there being a period of at least 10 years between the date of acquisition by
the taxpayer and the date the building was last placed in service, under