(a) The director shall provide the application scores to the board before the 30th day preceding the date the board begins to issue commitments for housing tax credits in the allocation round.
(b) Not later than the deadline specified in the qualified allocation plan, the board shall issue commitments for available housing tax credits based on the application evaluation process provided by § 2306.6710. The board may not allocate to an applicant housing tax credits in any unnecessary amount, as determined by the department’s underwriting policy and by federal law, and in any event may not allocate to the applicant housing tax credits in an amount greater than $6 million in a single application round or to an individual development more than $2 million in a single application round.

(c) Concurrently with the initial issuance of commitments for housing tax credits under Subsection (b), the board shall establish a waiting list of additional applications ranked by score in descending order of priority based on set-aside categories and regional allocation goals.
(d) The board shall issue commitments for housing tax credits with respect to applications on the waiting list as additional credits become available.
(e) Not later than the 120th day after the date of the initial issuance of commitments for housing tax credits under Subsection (b), the department shall provide to an applicant who did not receive a commitment under that subsection an opportunity to meet and discuss with the department the application’s deficiencies and scoring.
(f) Except as provided by Subsection (f-1), the board may allocate housing tax credits to more than one development in a single community, as defined by department rule, in the same calendar year only if the developments are or will be located more than two linear miles apart. This subsection applies only to communities contained within counties with populations exceeding one million.
(f-1) The board may allocate housing tax credits to more than one development in a single community only if:
(1) the community is located in:
(A) a municipality with a population of two million or more; and
(B) an area that is a federally declared disaster area; and
(2) the governing body of the municipality containing the development:
(A) has by vote specifically authorized the allocation of housing tax credits for the development; and
(B) is authorized to administer disaster recovery funds as a subgrant recipient.
(g) Except as necessary to comply with the nonprofit set-aside required by Section 42(h)(5), Internal Revenue Code of 1986 (26 U.S.C. § 42(h)(5)), in an urban subregion of a uniform state service region that contains a county with a population of more than 1.7 million, the board shall allocate housing tax credits to the highest scoring development, if any, that is part of a concerted plan of revitalization and is located in that urban subregion in a municipality with a population of 500,000 or more.
(h) Notwithstanding § 2306.6710(d), and except as necessary to comply with the nonprofit set-aside required by Section 42(h)(5), Internal Revenue Code of 1986 (26 U.S.C. § 42(h)(5)), the board may not allocate to developments reserved for elderly persons and located in an urban subregion of a uniform state service region a percentage of the available housing tax credits allocated to developments located in that subregion that is greater than the percentage that results from the following formula, unless there are no other qualified applicants in that region:
MP = [(LEH – ERU)/(TLH – TEU)] X 100