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.