Commencing on April 1, 1990, the flexible share for 1990 is established in an amount equal to 20 percent of the state ceiling. The 1990 percentage shall include any allocations made from the flexible pool prior to April 1, 1990.The flexible share for 1991 and years thereafter shall be in an amount equal to 15 percent of the state ceiling.The flexible share shall be available for notices of allocation given during period 2 through period 4 in 1990 and period 1 through period 4 in 1991 and each year thereafter.
(Code 1981, §36-82-193, enacted by Ga. L. 1990, p. 817, § 1.)
Editor's notes.- Ga. L. 1990, p. 817, § 1, effective April 4, 1990 repealed former Code Section 36-82-193, as enacted by Ga. L. 1987, p. 486, § 1 and amended by Ga. L. 1989, p. 165, § 7, relating to applications for notices of allocation from the multifamily pool, and enacted the current Code section.