Definitions - Commonly Used Terms and Acronyms
There are currently 2 names in this directory beginning with the letter Q.
Qualified Non-Profit Organization
A 501(c)(3) or 501(c)(4) corporation that demonstrates the capacity and experience to develop and/or manage rental housing. Newly formed non-profit organizations must show evidence of mission, board training and commitment, individual staff training, adequate financial strength and experience and capacity, which are commensurate to the proposed project.