IRS Publishes 2018 Housing Credit and Bond Caps, Unused Credits Announcement

IRS Publishes 2018 Housing Credit and Bond Caps, Unused Credits Announcement



The IRS recently published Revenue Procedure 2017-58. It announced the 2018 inflation-adjusted amounts for the low-income housing tax credit and private activity bond caps. The state LIHTC ceiling in 2018 will be the greater of $2.40 multiplied by the state population or $2,765,000, which is an increase of $55,000 over this year’s cap. The multiplier had been $2.35 in 2017. The state ceiling for the private activity bond volume cap will be the greater of $105 times the state population or $311,375,000.

Full Article Access:

Full access to complete articles from Tax Credit Housing Management Insider is for subscribers only.

Not yet ready to subscribe?

Topics