Low Income Housing Tax Credits & Cost Containment in Wyoming, 2016

Wyoming’s 2016 Qualified Allocation Plan (QAP) includes negative points for projects with high per unit costs and total project costs.

Projects requesting tax credits that exceed the total per unit Eligible Basis or projects where all subsidy sources exceed the limits published by WCDA, will receive a negative 10 to 200 points.

Projects submitted with Total Project Costs above the tolerance level published in the Current Year Summary Attachment “A”, will receive up to a negative 10 points for every 1% over the tolerance level. WCDA reserves the right to waive, all or a portion of the assessment of negative points if the high project costs are justifiable from information provided by the applicant.

Contributed By: 
National Housing Trust

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