PURPOSE: This proposed amendment will clarify how the department may notify an applicant of administrative closure of inactive projects, taking into account technological advances in communications with program participants.
The department may administratively close any inactive project upon at least thirty (30) days' notice sent to the applicant and the project contact, and shall rescind any tax credits authorized for the project. The department may send such notice by U.S. Mail or email.
4 CSR 85-5.110