The Internal Revenue Service (IRS) recently published Revenue Procedure 2013-31, which details the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers allocated for calendar year 2013. Thirty-two states have received nearly $2.46 million in unused credits. The unused LIHTC carryover amount allocated from the National Pool by the Secretary to each qualified state for 2013 is as follows:
Qualified State |
Amount Allocated |
Alabama |
46,914 |
Arizona |
63,757 |
California |
370,106 |
Connecticut |
34,930 |
Delaware |
8,922 |
Florida |
187,941 |
Georgia |
96,511 |
Idaho |
15,525 |
Illinois |
125,264 |
Kansas |
28,077 |
Louisiana |
44,772 |
Maryland |
57,251 |
Massachusetts |
64,661 |
Michigan |
96,155 |
Minnesota |
52,334 |
Mississippi |
29,040 |
Nebraska |
18,052 |
New Jersey |
86,244 |
New Mexico |
20,290 |
New York |
190,400 |
North Carolina |
94,878 |
North Dakota |
6,807 |
Ohio |
112,314 |
Oregon |
37,937 |
Pennsylvania |
124,177 |
Rhode Island |
10,218 |
South Dakota |
8,108 |
Texas |
253,531 |
Vermont |
6,090 |
Virginia |
79,641 |
Washington |
67,101 |
West Virginia |
18,051 |
Click here to read IRS Revenue Procedure 2013-31