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How can a developer determine if a particular project might be competitive for obtaining the CR Deduction?

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How can a developer determine if a particular project might be competitive for obtaining the CR Deduction?

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The CRA must develop a plan for allocating the CR Deduction and must submit the plan to a public hearing. The plan must then be approved by the governmental unit of which the RC is a part. The Federal statute provides guidelines for the qualified allocation plan, requiring the CRA to take into account full-time jobs created by the project, active community involvement and contribution to the implementation of the Strategic Plan of the RC. The developer of a potential project should obtain a copy of the plan to determine the priorities of the CRA where the project might be located.

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