Ask Five Questions to Get Key Info for Meeting Site's Minimum Set-Aside
As a tax credit manager, meeting your site’s minimum set-aside is the most important goal. If you meet the set-aside, the owner of your site will be entitled to claim its tax credits. If you don’t meet the set-aside, your site won’t qualify for the tax credit program, which means the owner won’t be able to claim any of the credits it was allocated. And unlike many other types of noncompliance, failure to meet the minimum set-aside isn’t correctable.