The Supreme Court of Alaska held that a housing developer could not terminate the extended afford-ability period under its Low-Income Housing Tax Credit Program development prior to the end of the full 15-year extended affordability period where a condition of its acceptance into the program was its receipt of an extra six application points acceptance of a restrictive covenant that required it to waive the use of the federally-allowed qualified contract option. Creekside Limited Partnership v. Alaska Housing Finance Corporation, - P.3d--, 2021 WL 938397, Supreme Court No. S-17517 (Alaska, Mar. 12, 2021).
展开▼
