2020 State Tax Credit Information

* Please note this content refers to to state low-income housing tax credit programs - not the federal LIHTC program. 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 [email protected] with any questions or with additional information about programs in your state.

StateEstimated Tax Credits
Available in 2020
Bifurcated from Federal LIHTC? Credit PeriodType of Credit Novogradac & Company LLP
Arkansas    9% 
California    Both 
Colorado $10,000,000Yes6 years4% 
Connecticut    Both 
Georgia Automatic match to federal credit up to $29,700,000Bifurcated10 yearsBoth 
Hawaii $4,000,000Bifurcated5 yearsBoth 
Illinois $23,620,968Yes1 yearBoth 
Missouri  Yes   
Nevada $10,000,000Yes   
New Mexico $4,800,000Yes   
New York $4,000,000 for 9% and $4,000,000 for 4%Yes10 yearsBoth 
Utah $1,090,581Yes10 yearsBoth 
Vermont $400,000Bifurcated5 years  

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.

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 — which are also available to you online at www.taxcredithousing.com — as more information becomes available.