This is a legal form that was released by the Arkansas Development Finance Authority - a government authority operating within Arkansas. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is ADFA Form 607?
A: ADFA Form 607 is the LIHTC Lease Addendum - Utility Allowance.
Q: What is LIHTC?
A: LIHTC stands for Low-Income Housing Tax Credit, a federal program that provides tax credits to developers of affordable housing projects.
Q: What is a lease addendum?
A: A lease addendum is an additional document that modifies or supplements an existing lease agreement.
Q: What is a utility allowance?
A: A utility allowance is an amount set by the housing authority or property owner to cover the cost of utilities such as electricity, gas, and water.
Q: What is the purpose of the ADFA Form 607?
A: The purpose of ADFA Form 607 is to document the utility allowance for LIHTC rental units in Arkansas.
Q: Who should use ADFA Form 607?
A: ADFA Form 607 should be used by landlords or property owners of LIHTC rental units in Arkansas.
Q: What information does ADFA Form 607 require?
A: ADFA Form 607 requires information such as the property address, total number of bedrooms, and the utility allowance amount for each unit.
Form Details:
Download a fillable version of ADFA Form 607 by clicking the link below or browse more documents and templates provided by the Arkansas Development Finance Authority.