811 PRA FAQ
Q

We have two properties that are Low-Income Housing Tax Credit (LIHTC) sites, and nine properties that received funding through our state housing trust fund. All these properties received a Phase I Environmental Review. Does this Phase I satisfy the requirements of PRA 215?

Date Published: August 2015

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A

If the Phase I Environmental Site Assessment (ESA) complies with the most recent ASTM E 1527 standards, and was prepared within the Phase I continuing viability timeframe for the acquisition of the property or a real estate transaction for the property, the Phase I is acceptable.


Tags: 811 PRA Environmental Review

FAQ ID:

2362