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New Jersey Housing and Mortgage Finance Agency Proposes New Rule to its LIHTC QAP

Friday, April 22, 2005 - 7:30AM

The New Jersey Housing and Mortgage Finance Agency (NJHMFA) has proposed the addition of a new rule to the low-income housing tax credit (LIHTC) qualified allocation plan (QAP). The new rule would permit exchanges of LIHTCs when several conditions are met. A public hearing on the proposal will be held on May 24, 2005 at 10 a.m. in NJHMFA's board meeting room at 637 South Clinton Avenue in Trenton, N.J. Written comments on the proposed amendments will be accepted by June 17, 2005.

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