Section 265.12.1. Qualified allocation plans.

         12.1(1) Four percent qualified allocation plan. The qualified allocation plan entitled Iowa Finance Authority Low-Income Housing Tax Credit Program 4% Qualified Allocation Plan (“4% QAP”) dated September 7, 2016, shall be the qualified allocation plan for the allocation of 4 percent low-income housing tax credits consistent with IRC Section 42 and the applicable Treasury regulations and Iowa Code section 16.35. The 4% QAP is incorporated by reference pursuant to Iowa Code section 17A.6 and 265—subrules 17.4(2) and 17.12(2). The 4% QAP does not include any amendments or editions created subsequent to September 7, 2016.

         12.1(2) Nine percent qualified allocation plan. The qualified allocation plan entitled Iowa Finance Authority Low-Income Housing Tax Credit Program 2017 Qualified Allocation Plan (“9% QAP”) shall be the qualified allocation plan for the allocation of 9 percent low-income housing tax credits consistent with IRC Section 42 and the applicable Treasury regulations and Iowa Code section 16.35. The 9% QAP is incorporated by reference pursuant to Iowa Code section 17A.6 and 265—subrules 17.4(2) and 17.12(2). The 9% QAP does not include any amendments or editions created subsequent to September 7, 2016.

[ ARC 8266B , IAB 11/4/09, effective 12/9/09;    ARC 8947B , IAB 7/28/10, effective 7/6/10;    ARC 9279B , IAB 12/15/10, effective 1/19/11;    ARC 9950B , IAB 12/28/11, effective 2/1/12;    ARC 0427C , IAB 10/31/12, effective 12/5/12;    ARC 1139C , IAB 10/30/13, effective 12/4/13;    ARC 1700C , IAB 10/29/14, effective 12/3/14;    ARC 2225C , IAB 10/28/15, effective 12/2/15;    ARC 2723C , IAB 9/28/16, effective 11/2/16]