Multifamily General Notice
July 8, 2021
AHFA Low-Income Housing Tax Credit Awards
Deadline Compliance
Projects that receive a Reservation of Low-Income Housing Tax Credits are provided a list of required items due to AHFA and the deadline dates for those items. By accepting a Reservation of Low-Income Housing Tax Credits, the Owner acknowledges the time constraints in which to obtain and provide AHFA with the required documentation. Failure to submit any one or more of the items by the required deadlines may cause the Reservation to be terminated.

AHFA is not responsible if deadlines are not met. Deadlines are inclusive of:
  • Reservation Items
  • 10% Carryover Test
  • Placed in Service Date
  • AHFA approved extensions
  • AHFA approved disaster extensions

Please make note of all deadline dates. All extensions of deadlines must be approved by AHFA. Due to regulations, extensions may not be permitted for some deadlines. Missing deadlines can result in the termination of a low-income housing tax credit allocation.
Alabama Housing Finance Authority | www.AHFA.com