Sign Up For Novogradac Industry Alert Emails

IRS Distributes Unused 2014 LIHTC Allocation

Monday, September 15, 2014 - 7:00AM

The Internal Revenue Service (IRS) today published the amounts of unused low-income housing tax credit (LIHTC) carryovers for calendar year 2014 that were allocated to 35 qualified states and Puerto Rico. Revenue Procedure 2014-52 details how $2.59 million of unused LIHTCs were divided among the recipients. California received the largest allocation, $364,756 in LIHTCs.

Learn more about Novogradac's expertise and many services