The project sponsor/developer applies to a state HCA for an LIHTC allocation for a specific affordable housing project. If approved, the tax credits are allocated to the affordable housing project. The tax credits provide an incentive for equity investors. The project sponsor offers investors an ownership interest in the affordable housing project.
Jan 05, 2014 at 8:23 PM â¢ Flag As Inappropriate. Typically April through October is considered Wedding Season with July and October being the two most popular months. Aka it will be more expensive and you will have more competition for vendors so if you plan to go that route book early.
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