- (a) All Supplemental Allocation amounts will be associated with the Set-Aside for which the Original allocation qualified. Developments having been awarded under a set-aside in 2019 or 2020 will be considered to meet the set-aside requirements for that same set-aside in 2022. Supplemental Credits issued by the Board will be attributed to each 2022 Set-aside for the 2022 Application round as appropriate (for instance, for a 2020 development awarded out of the 2020 Non-Profit Set-Aside, now receiving $100,000 in Supplemental Credits, $100,000 would be attributed to the 2022 Non-Profit Set-Aside).
- (b) At-Risk and USDA Set-Asides. At least 15% of the amount available for Supplemental Allocations will be allocated under the At-Risk Development Set-aside and will be deducted from the amount available for Supplemental Allocations prior to the application of the regional allocation formula required under §11.1005(c)(1) of this subchapter (relating to Regional Allocation Formula). Up to 5% of the amount available for Supplemental Allocations may be given priority to Rehabilitation Developments under the USDA Set-aside. If the allocations set aside for the At-Risk and USDA applications are not fully utilized, they will be made available to other Supplemental Allocation requests through the collapse referenced in §11.1005(c)(2) of this subchapter (relating to Award Recommendation Methodology and Collapse).
Source Note:The provisions of this §11.1004 adopted to be effective December 23, 2021, 46 TexReg 8589.