We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
On Oct. 20, the IRS released the inflation-adjusted low-income housing tax credit and private activity bond caps for 2012. For calendar year 2012, the amount used to calculate a state's LIHTC is the greater of $2.20 per resident or $2,525,000. This represents a 5 cent per-capita increase. This year, the ceiling was fixed at $2.15 multiplied by the state population, or $2,465,000.
