Understanding your state’s Qualified Allocation Plan (QAP)

Our new video dives into Qualified Allocation Plans (QAPs). These are each state’s instructions for the Low Income Housing Tax Credit (LIHTC) application and process.

Elizabeth Glynn, chief operating officer, provides information to:

• help you better understand your QAP,
• suggest how the QAP can help you make project decisions, and
• help change your state’s QAP if it is a barrier to development in your community.

Are you new to our video series? If so, check out past videos:

• Phil Glynn explains New Market Tax Credits (NMTCs).
• Bryan Schuler discusses housing development and the Low Income Housing Tax Credit (LIHTC) program.
• Mike Price and Crystal Banks-Mann provide tips for successful asset management for LIHTC projects.