7
Sep

UPDATE – Tax Credit Applications

The DCED is currently backlogged due to last year’s budget impasse, however they are expecting to be caught up soon.

We have been told that all renewing applications will be approved after Labor Day and that new applications will then be processed. If that timeline stands, we expect approvals to arrive some time around the end of September. If you are a current member or potential member of a BLOCS LLC Special Purpose Entity, we will contact you once we have received approvals from the DCED.

We appreciate your patience on this as we wait for the DCED to complete this process. As soon as we receive more information, we will pass it on to you.

Thank you, as always, for your commitment to education,

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