Quiz 04/16/2018: Minimum Set-Aside

April 16, 2018

In order to understand the new minimum set-aside, as discussed HERE, it is important to have a firm grip on how the minimum set-aside works. This quiz tests that knowledge. 


1. The minimum set aside is based on the lesser of a percentage of square footage or number of units.  

     True or False


3. For a project with a 20-50 minimum set-aside, what percentage of units can be at or below the 60% tax credit income limit, but above the 50% and be counted as tax credit?

     A. 0%

     B. 40%

     C. 50%

     D. 80%


2. After the 2018 Omnibus Tax Law change, which of the following is NOT a minimum set aside option?

     A. 20-50

     B. 20-50 (average)

     C. 25-60

     D. 25-60 (average)

     E. 40-60 (average) 


CLICK HERE for answers to this week's quiz


Please reload

Featured Posts

Another Handy Gift to our Readers!

January 21, 2019

Please reload

Recent Posts

December 17, 2019

November 19, 2019

Please reload