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PA Bulletin, Doc. No. 16-1828

NOTICES

HOUSING
FINANCE AGENCY

Mixed Use Development Tax Credit Program

[46 Pa.B. 6733]
[Saturday, October 22, 2016]

 The Housing Finance Agency (Agency) is the entity designated by law for the administration of the Mixed Use Development (MUD) Tax Credit Program enacted as part of Article XIX-E of the Tax Reform Code of 1971 (72 P.S. §§ 8901-E—8911-E) to provide funding for mixed use, combined housing and commercial, developments through the sale of State tax credits. The MUD is administered by the Agency in consultation with the Department of Revenue. Funding is expected to be available for this program in July 2017.

 The Agency is announcing its preliminary plan, the MUD Tax Credit Program, for procedures relating to the sale of MUD tax credits and for distribution of MUD funds available to the Commonwealth for 2017 and inviting public comment. The Agency will administer the MUD funds through the State housing trust fund established under the act of November 23, 2010 (P.L. 1035, No. 105), known as the Pennsylvania Housing and Rehabilitation Enhancement Program.

 In accordance with the requirements of State law, the Agency is providing notice of the 2017 MUD Tax Credit Program and inviting public comment. The MUD Tax Credit Program is available on the Agency's web site at www.phfa.org.

 Persons who would like to comment on the MUD Tax Credit Program may provide comments in writing only addressed to MUD c/o Housing Finance Agency, 211 North Front Street, Harrisburg, PA 17101. Comments on the MUD Tax Credit Program are due no later than 2 p.m. on December 5, 2016.

BRIAN A. HUDSON, Sr., 
Executive Director

[Pa.B. Doc. No. 16-1828. Filed for public inspection October 21, 2016, 9:00 a.m.]


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