- (a) The waiting list is required as part of the selection process.
- (b) No one should be placed on the waiting list unless he or she has submitted a completed application.
- (c) All applications should be logged by date and time received.
- (d) The waiting list should have columns for bedroom size, need for subsidy (if available), any other program priorities, need for accommodations for disabled persons, gross income, etc.
(e) If the owner has more than one (1) income level in the LIHTC property, the owner must keep appropriate lists or columns by:
- (1) Thirty percent (30%);
- (2) Fifty percent (50%);
- (3) Sixty percent (60%); or
- (4) Other income limit.
Codification Notes: "LIHTC" means low-income housing tax credit.