HUD 202 Recapitalization. Utilizing Tax Exempt Bonds and Tax Credits to Meet Your Financing Needs. The Intent of DHCD’S 202 Recapitalization Initiative. To use its tax exempt bond resources to assist owners in the preservation of HUD 202 projects in Maryland.
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Utilizing Tax Exempt Bonds and Tax Credits to Meet Your Financing Needs
Authority to issue tax exempt bonds is awarded to States by the federal government based on population data
4% Low Income Housing Tax Credits are available with tax exempt bonds and provide additional equity
DHCD is the administering agency for tax exempt bonds and tax credits
TAX EXEMPT BONDS: