Low-Income Housing Tax Credits & Tax Exempt Bonds in Kansas, 2017

As specified in their 2017 Qualified Allocation Plan, Kansas Housing Resources Corporation allocates tax-empt bonds in a noncompetitive and rolling application process. 

KHRC has authority to allocate tax-exempt bonds with 4% annual tax credits for affordable housing developments. Applicants must provide KHRC with a bond inducement resolution, a request for the bond allocation and an application for the tax credits with accompanying documentation. The bond allocation request and the tax credit application are reviewed simultaneously with the preliminary requirements and selection criteria outlined herein. Applications may be submitted at any time. Decisions regarding bond allocations with tax credits will be made within 60 days of the allocation request. 

Contributed By: 
National Housing Trust

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