State Codes and Statutes
Statutes > Rhode-island > Title-42 > Chapter-42-55 > 42-55-24-1SECTION 42-55-24.1
§ 42-55-24.1 Allocation of tax credits. The corporation shall be the sole and exclusive agent for the allocation of allfederal tax credits for low-income housing under 26 U.S.C. § 42. Thecorporation shall have all of the powers necessary to effectuate thoseallocations, including without limitation, the power to adopt rules,regulations, and policies regarding those allocations.