Bonds

Bonds:

State Bond Caps and Deadlines

2010

Listed below are the scheduled deadlines for submitting tax-exempt bond applications and related information. We will continually update this list as new information becomes available. If you would like to correct or update the information listed below please e-mail cpas@novoco.com.

State
2010 State Ceiling
Multifamily/
Housing Allocation
2010 Application
Due Dates
Alabama $105,000,000 TBD February 1, 2010; May 1, 2010; August 1, 2010; November 1, 2010
Alaska Not Available Not Available Not Available
Arizona $596,000,000 $59,600,000 January; July*
Arkansas Not Available Not Available Not Available

California

Not Available Not Available Not Available
Colorado $445,000,000 TBD October 1, 2010**
Connecticut Not Available Not Available Not Available
Delaware Not Available Not Available Not Available
District of Columbia $273,000,000

$218,400,000-$232,050,000

First come, first served
Florida Not Available Not Available Not Available
Georgia $873,000,000 $371,000,000*** Rolling
Hawaii Not Available Not Available Not Available
Idaho $275,000,000 $0 Rolling
Illinois Not Available Not Available Not Available
Indiana $500,000,000 $100,000,000 April 2, 2010
Iowa $275,000,000 $917,000,000*** Rolling
Kansas $273,270,000 $0 Rolling
Kentucky TBD $80,000,000 TBD
Louisiana Not Available Not Available Not Available
Maine $273,775,000 $20,000,000 Rolling; TBD
Maryland Not Available Not Available Not Available
Massachusetts TBD TBD Rolling
Michigan Not Available Not Available Not Available
Minnesota Not Available Not Available Not Available
Mississippi Not Available Not Available Not Available
Missouri Not Available Not Available Not Available
Montana Not Available Not Available Not Available
Nebraska $273,270,000 $20,000,000 First come, first served
Nevada Not Available Not Available Not Available
New Hampshire $275,000,000 $30,000,000 Rolling
New Jersey Not Available Not Available Not Available
New Mexico Not Available Not Available Not Available
New York TBD TBD Rolling
North Carolina TBD TBD TBD
North Dakota TBD TBD TBD
Ohio Not Available Not Available Not Available
Oklahoma $51,000,000 $0 January 2010
Oregon $702,245,415**** $125,000,000 mid-September 2010
Pennsylvania Not Available Not Available Not Available
Rhode Island $273,775,000 $150,000,000*** Rolling
South Carolina $400,000,000 $0 Rolling
South Dakota Not Available Not Available Not Available
Tennessee Not Available Not Available Not Available
Texas $2,189,427,660 $481,674,085 Monthly
Utah $273,270,000 $32,792,400 November 30, 2009; March 1, 2010; June 1,2010; August 30, 2010; October 25, 2010
Vermont Not Available Not Available Not Available
Virginia Not Available Not Available
Not Available
Virgin Islands Not Available Not Available Not Available

Washington

$590,000,000 $188,800,000
January 1, 2010; first come, first served

West Virginia

Not Available Not Available Not Available
Wisconsin Not Available Not Available Not Available
Wyoming Not Available****** Not Available Not Available

Please note this information was provided to us directly from the states and some of the information is based on estimates. As such, please consider this chart tentative and subject to change. Application deadlines should be verified with the appropriate allocating agency. We will update these figures as more information becomes available.

"TBD" indicates this figure or date is still to be determined by the according state agency.
"Not Available" indicates that the state agency was unable to respond to our inquiries by the time this book went to print.

*Additional carryforward and 'director's discretion' funds awarded on a first come, first served basis.
**Colorado’s Department of Local Affairs accepts applications the first of every month from February to October.
***Single and Multifamily allocation.
****Oregon Housing and Community Services allocation only. Includes carryforward from 2007-2009.
*****North Dakota receives excess cap not used for other programs. It will not receive its 2010 cap until December 2010.
******Historically, developments using multifamily housing bonds have not been feasible in Wyoming. WCDA has awarded bonds to three projects in the last 10 years.