On this episode of Tax Credit Tuesday's "So You Want to Be a LIHTC Developer" series, Michael Novogradac, CPA, and Novogradac Housing Policy Consultant Mark Shelburne discuss qualified allocation plans (QAPs), the state-created documents that establish priorities and criteria for allocating the low-income housing tax credit (LIHTC). Novogradac and Shelburne give an overview of QAPs. They then discuss how familiarity with QAPs can help affordable housing developers improve their odds of successfully receiving a LIHTC award and better serve low-income renters in that state. Novogradac and Shelburne conclude by exploring the Novogradac resources available to learn more about QAPs.