§ 42-55-24.1. Allocation of tax credits.
The corporation shall be the sole and exclusive agent for the allocation of all federal tax credits for low-income housing under 26 U.S.C. § 42. The corporation shall have all of the powers necessary to effectuate those allocations, including without limitation, the power to adopt rules, regulations, and policies regarding those allocations.
(P.L. 1987, ch. 287, § 1.)