Basic Debt Calculation - Kingdom Development

Calculate the Tax Credit Proceeds for a 50 unit new construction project in a DDA with 26,500,000 of Eligible Basis and a Threshold Basis Limit of 20,000,000, applying for the 9% Program when the published Applicable Percentage is 9.00% and investors are paying Credit Prices of $1.01 and 80ยข for federal and state credits respectively. ................
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