Statutes, codes, and regulations
Virginia Administrative Code
Title 13 - HOUSINGAgency 10 - VIRGINIA HOUSING DEVELOPMENT AUTHORITY
Chapter 190 - RULES AND REGULATIONS FOR QUALIFIED MORTGAGE CREDIT CERTIFICATE PROGRAMS
Section 13VAC10-190-90 - Portions of each program amount to be set aside

13 Va. Admin. Code § 10-190-90

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Current through Register Vol. 41, No. 10, December 30, 2024
Section 13VAC10-190-90 - Portions of each program amount to be set aside

For each program, the executive director may set aside a portion of the program amount, in an amount determined by the executive director to be appropriate, that will not be used to issue MCCs until such time and in such amount as may be determined by the executive director to be appropriate to comply with the requirements of IRC § 25 and the related U.S. Department of the Treasury regulations.

13 Va. Admin. Code § 10-190-90

Derived From Virginia Register Volume 31, Issue 09, eff. 1/1/2015.

Statutory Authority: § 36-55.30:3 of the Code of Virginia.