The Internal Revenue Service (IRS) recently released Notice 2013-15 to announce the 2013 Calendar Year Resident Population Figures, which are used to determine each state’s 2013 Low-Income Housing Tax Credit (LIHTC) ceiling and tax-exempt private activity bond volume caps. The figures are based on the most recent census estimate of the resident population of a State (or issuing authority) released by the U.S. Census Bureau before the beginning of the calendar year. Each state’s LIHTC ceiling in 2013 is equal to the greater of $2.25 multiplied by the state population or $2.59 million; a state’s tax-exempt bond volume cap will be the greater of $95 multiplied by the state population or $291,875,000. Population estimates for each state, territory and insular area are listed below.

Resident Population Figures

Alabama

4,822,023

Alaska

731,449

American Samoa

54,947

Arizona

6,553,255

Arkansas

2,949,131

California

38,041,430

Colorado

5,187,582

Connecticut

3,590,347

Delaware

917,092

District of Columbia

632,323

Florida

19,317,568

Georgia

9,919,945

Guam

159,914

Hawaii

1,392,313

Idaho

1,595,728

Illinois

12,875,255

Indiana

6,537,334

Iowa

3,074,186

Kansas

2,885,905

Kentucky

4,380,415

Louisiana

4,601,893

Maine

1,329,192

Maryland

5,884,563

Massachusetts

6,646,144

Michigan

9,883,360

Minnesota

5,379,139

Mississippi

2,984,926

Missouri

6,021,988

Montana

1,005,141

Nebraska

1,855,525

Nevada

2,758,931

New Hampshire

1,320,718

New Jersey

8,864,590

New Mexico

2,085,538

New York

19,570,261

North Carolina

9,752,073

North Dakota

699,628

Northern Mariana Islands

51,395

Ohio

11,544,225

Oklahoma

3,814,820

Oregon

3,899,353

Pennsylvania

12,763,536

Puerto Rico

3,667,084

Rhode Island

1,050,292

South Carolina

4,723,723

South Dakota

833,354

Tennessee

6,456,243

Texas

26,059,203

Utah

2,855,287

Vermont

626,011

Virginia

8,185,867

Virgin Islands, U.S.

105,275

Washington

6,897,012

West Virginia

1,855,413

Wisconsin

5,726,398

Wyoming

576,412

Click here to read Notice 2013-15.