Okla. Admin. Code § 330:36-8-1
Current through Vol. 42, No. 7, December 16, 2024
Pursuant to 42(h)(6) of the Code, after the end of the 14th year of the Compliance Period, the Owner of a LIHTC Development can request OHFA as the allocating agency to find a buyer at the Qualified Contract Price (QCP). If a buyer cannot be located within one year, the Extended Use Commitment will terminate. This process provides the procedures for the submittal and review of the Qualified Contract requests.
Okla. Admin. Code § 330:36-8-1