Form 8703 - Annual Certification Of A Residential Rental Project
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48703
Annual Certification of a Residential Rental Project
Form
(Complete a separate Form 8703 for each project.)
OMB No. 1545-1038
(Rev. September 2013)
For calendar year
Department of the Treasury
Information about Form 8703 and its instructions is at
Internal Revenue Service
▶
Check if Amended Return
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Part I
General Information
Operator of project
Taxpayer identification number of operator
Street address, city or town, state or province, country, ZIP or foreign postal code
Owner of project
Taxpayer identification number of owner
Street address, city or town, state or province, country, ZIP or foreign postal code
Address of building/project (Do not use P.O. box.)
Report number (For IRS Use Only)
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Check the box for the test elected for the project:
a
20-50 test
b
40-60 test
c
25-60 test (NYC only)
d
e
20-60 test
40-70 test
(GO Zone, Midwestern disaster areas,
(GO Zone, Midwestern disaster areas,
and Hurricane Ike disaster areas only)
and Hurricane Ike disaster areas only)
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Date (MM/DD/YYYY) the qualified project period began .
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3a Was a low-income housing credit allocation issued by a housing credit agency for this project?
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Yes
No
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b If “Yes,” enter the building identification number (BIN) assigned to the building by the housing credit
agency (see instructions) .
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Check “Yes” if during the year reported on this form, there were no residential units in the project that were
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occupied by a new resident whose income exceeds the applicable income limit. If otherwise, check “No.”
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Yes
No
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If “Yes,” complete lines 5, 11, 12, and 13 in Part II, and skip lines 6 through 10.
Part II
Annual Determinations
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Total number of residential rental units in project .
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Number of units actually occupied by individuals whose income does not exceed the applicable
income limit (see instructions) .
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Number of units occupied by continuing residents whose income is treated as not exceeding
the applicable income limit (see instructions) .
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Total number of low-income units in project (add lines 6 and 7) .
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Divide line 8 by line 5 and enter the percentage (If the line 9 percentage is less than the
percentage for the test elected in Part I, item 1 (i.e., 20%, 40%, or 25%), see instructions.) .
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%
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Deep-rent skewed project election (see instructions):
a Number of 40%-and-under low-income units .
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10a
b Divide line 10a by line 8 and enter the percentage
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10b
%
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Number of low-income units vacated during the calendar year
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Number of low-income units vacated during the calendar year and occupied by new residents
who were low-income residents at the time of occupancy .
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Number of low-income units that were vacated but were held available for low-income residents
as of the end of the calendar year .
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8703
For Privacy Act and Paperwork Reduction Act Notice, see back of form.
Form
(Rev. 9-2013)
Cat. No. 64650C
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