Open Application Process definition

Open Application Process means the procedure under which the Committee will evaluate an Application for an award of Allocation that is not competitive. The Committee will not review an incomplete Application except to determine whether the Application is incomplete and notify the Applicant of the deficiency.

Examples of Open Application Process in a sentence

  • Projects awarded a Supplemental Allocation during an Open Application Process for which no Bonds were issued from the original award of Allocation shall have the expiration date of the original award extended to match the expiration of the Supplemental Allocation award.

  • Excluding Recovery Zone Facility Bonds, Recovery Zone Economic Development Bonds, and Mortgage Credit Certificates, forFor Allocations awarded during an Open Application Process, the Executive Director may grant extensions of up to ninety (90) days.

Related to Open Application Process

  • Application Process means the online application process under which the Applicant applies for Hospitality Packages on the Webshop.

  • Random selection process means a process by which currently income-eligible households are selected for placement in affordable housing units such that no preference is given to one applicant over another except for purposes of matching household income and size with an appropriately priced and sized affordable unit (e.g., by lottery).

  • Creation Application means an application by a Participating Dealer for the creation and issue of Units in an Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

  • Loan Application is defined in Section 5.16(a).

  • Initial application means the Application first provided to MFA on or before an Application Deadline to request an allocation of Tax Credits.