ADFA Form 607 LIHTC Lease Addendum - Utility Allowance - Arkansas

ADFA Form 607 LIHTC Lease Addendum - Utility Allowance - Arkansas

What Is ADFA Form 607?

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.

FAQ

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.

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Form Details:

  • Released on January 1, 2021;
  • The latest edition provided by the Arkansas Development Finance Authority;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

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.

Download ADFA Form 607 LIHTC Lease Addendum - Utility Allowance - Arkansas

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