Section 2:

5. Determination of Significance:

   • a. Type ‘X’ into all boxes that pertain to the proposed project. Include a description of the significance and/or functional relationship in the Application Narrative Template.

6. Project data:

   • a. The total estimated cost of the project. (non-QRE + QRE)

   • b. The estimated total QRE costs.

   • c. Number of all buildings that are part of the constructed project. Include new construction.

   • d. The floor area before the rehabilitation and floor area after rehabilitation.

   • e. The estimated start date.

   • f. The estimated completion date.

   • g. Number of phases of construction for the project. Qualified residences are not phased.

   • h. The use of the property before rehabilitation and the proposed use after rehabilitation.

   • i. The number of dwelling units before rehabilitation and the number of dwelling units after rehabilitation.

   • j. The number of low to moderate income dwelling units before rehabilitation and the number of low to moderate income dwelling units after rehabilitation.

7. Application category and fee:

   • a. Type ‘X’ into one box for the allocation category being applied for.

   • b. If ‘Qualified residence’ is selected, type ‘X’ in the box below to attest that the applicant occupies or will occupy the residence within two years, and that the applicant’s

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modified adjusted gross income is $200,000 or less.

• c. Compute the fee amounts in the boxes across from the checked allocation category using the formula described in the “Application Fees and Calculation” paragraph above.

• d. Submit the CTCAC Initial Project Application processing fee to the CTCAC at the time that OHP notification is received by the applicant that the application has been forwarded to the CTCAC for their action.

• e. Submit the CTCAC Administrative fee as per the formula described in the “ Application Fees and Calculation” paragraph above.

8. 25% Bonus Criteria:

If the project qualifies for one of the criteria that provide a 25% tax credit, identify which criteria is being applied and submit the documentation required as described in Appendix D of the Instructions.