147(f)(2) (other than subparagraph (B)(ii) thereof)) of which such agency is a part, (B) the housing credit agency sets forth selection criteria to determine appropriate, evidence-based supportive services and provides a procedure that the agency (or an agent or other private contractor of such agency) will follow in monitoring for noncompliance with the provisions of this section and in reporting such noncompliance to the Secretary, (C) an extended low-income housing commitment is in effect with respect to such building as of the end of such taxable year, (D) an extended supportive services commitment is in effect with respect to such building as of the end of such taxable year, and (E) appropriate books and records for itemized expenses and expenditures with respect to the qualified supportive housing reserve fund are maintained on an annual basis, and are available for inspection upon request by the housing credit agency. (2) Denial of double benefit The deductions otherwise allowed under this chapter for the taxable year shall be reduced by the amount of the credit allowed under this section for such taxable year. (h) Definitions Any term used in this section which is also used in section 42 shall have the same meaning as when used in such section. . (b) Credit To be part of general business credit (1) In general Section 38(b) of the Internal Revenue Code of 1986 is amended by striking plus at the end of paragraph (32), by striking the period at the end of paragraph (33) and inserting , plus , and by adding at the end the following new paragraph: (34) the low-income housing supportive services credit determined under section 42A(a). . (2) Treatment as specified credit Clause (iii) of section 38(c)(4)(B) of such Code is amended by inserting , and the credit determined under section 42A after 2007 . (c) Treatment for purposes of tax on base erosion payments Paragraph (4) of section 59A(b) of the Internal Revenue Code of 1986 is amended by redesignating subparagraphs (B) and (C) as subparagraphs (C) and (D),