HOUSING TAX CREDIT PROGRAM
PROGRAM BULLETIN #23-001
TO: Developers, Owners, Management Agents Representing Owners, Interested Parties, and the State of Mississippi
FROM: Cliff Holmes, Senior Vice President of Tax Credits, Mississippi Home Corporation
SUBJECT: Amendment: 2023 Qualified Allocation Plan (QAP) Qualified Zip Code
DATE: January 20, 2023
This bulletin serves to inform of a proposed amendment to the Mississippi Home Corporation’s (MHC) 2023 Qualified Allocation Plan (QAP) to revise the Qualified Zip Code (QZC) point item. The amendment will be presented to the MHC Board at the February 8th meeting with a Public Hearing to follow on Thursday, February 16, 2023, at 2:30 pm. The Public Hearing will be held in the Board Room at MHC’s office, 735 Riverside Drive, Jackson, MS 39202.
The proposed amendment will remove Acquisition/Rehabilitation properties from the Qualified Zip Code data set. The QCZ online mapping layer will be modified to present zip codes that have not had a New Construction Tax Credit Development funded or placed-in- service for the previous five (5) years of the current Tax Credit Cycle.
The Qualified Zip Code point item is available for both Acquisition/Rehab and New Construction applications.
Written comments/questions can be submitted now or you may provide input at the Public Hearing. Comments should be sent to taxcredits@mshc.com.