(a) Unless otherwise defined here, terms have the meaning
in §11.1 of this title (relating to Definitions), or federal
or state law.
(b) Multifamily Tax Subsidy Program Imputed Income
Limit--Using the income limits provided by HUD pursuant to §142(d),
the imputed income limit is the income limitation which would apply
to individuals occupying the unit if the number of individuals occupying
the unit were as described in paragraphs (1) and (2) of this subsection:
(1) in the case of a unit which does not have a separate
bedroom, 1 individual; or
(2) in the case of a unit which has 1 or more separate
bedrooms, 1.5 individuals for each separate bedroom.
(c) Tax Credit Assistance Program (TCAP)--Funds awarded
as part of the American Recovery and Reinvestment Act to assist Low
Income Housing Tax Credit projects funded during 2007, 2008, and 2009.
(d) Tax Credit Assistance Program Repayment Funds (TCAP
RF)--Multifamily Direct Loan funds made available through income generated
from loan repayments from the Tax Credit Assistance Program.
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