§ 39.65  PURPOSE.
   The purpose of this subchapter is to establish criteria and procedures for the evaluation of applications for allocations of the low income housing tax credit available for federal income tax purposes under § 42 of the Internal Revenue Code of 1986, in accordance with the regulations of the Oklahoma Housing Finance Agency (the “OHFA”), as set forth in Chapter 36 of Title 330 of the Oklahoma Administrative Code (the “OHFA Regulations”). This subchapter is designed and is to be interpreted to comply with § 330:36-5-3.1 of the OHFA Regulations.
(Ord. 96-22, passed 7-15-96)