The Tax Credit Allocation Division is responsible for allocating all competitive (9%Tax Credits) and Volume Cap Tax Credits (4% Tax Credits) for the state of New Jersey. All projects are awarded credits in accordance with HMFA's board proposed 2009 QAP (pdf 505k). Competitive Tax Credits are awarded two times annually; one application cycle in the Spring and one in late Summer. Applications for Volume Cap credits are accepted on a rolling basis.
The instruction page for the 2009 application is currently available.
