State LIHTCs

2010 State Tax Credit Information

* Please note these figures refer to state Low-Income Housing Tax Credit programs - not the federal LIHTC program. Amounts of federal LIHTCs available for each state can be found here. The following chart is intended for summary-purposes only. As state LIHTC programs vary widely, we recommend that you gather complete details from the appropriate state agency. Some of the information listed below is based on estimates.

Please e-mail cpas@novoco.com with any questions or with additional information about programs in your state.

State	Estimated Tax Credits Available in 2010	Bifurcated from Federal LIHTC?	Credit Period	Type of Credit#
Arkansas	Not Available	Not Available	Not Available	Not Available
California	Not Available	Not Available	Not Available	Not Available
Connecticut	Not Available	Not Available	Not Available	Not Available
Georgia	TBD	Yes	10 years	Both
Hawaii	Not Available	Not Available	Not Available	Not Available
Illinois	TBD	Yes	2 years	Other
Massachusetts	$10,000,000	Yes	5 years	Other
Missouri	$16,067,500	Yes	10 years	Both
New Mexico	$3,800,000	Yes	5 years	Other
New York	$4,000,000	No	10 years	Both
North Carolina	Contact NCHFA for information	N/A	N/A	Other
Puerto Rico	Not Available	Not Available	Not Available	Not Available
Oregon	Not Available	Not Available	Not Available	Not Available
Utah	Not Available	Not Available	Not Available	Not Available
Vermont	$500,000	Yes	5 years	Other
Virginia	$500,000	Yes	5 years	Other

TBD indicates that estimates are still to be determined. Novogradac & Company LLP is currently updating this information with the appropriate state agency.

# Type of credit = is the state LIHTC a 9 percent credit, 4 percent credit, or another type of credit