The final 2018 Qualified Allocation Plan is now available.
The following are changes in the final QAP from the second draft QAP:
- Tax credit maximum for a Principal is unchanged from 2017 at $1,800,000 (page 7)
- Maximum per unit cost for Chart A is $78,000; Chart B is $89,000; adaptive reuse is $99,000 (page 17)
- Credits per unit points and calculations are unchanged from 2017; additional language has been added to this section (pages 20 and 21)
An email will be sent within the next 2 weeks announcing availability of the preliminary application for 2018 Housing Credits.
