Sign Up For Novogradac Industry Alert Emails

IRS Publishes 2017 Caps for LIHTCs, Bonds

Tuesday, October 25, 2016 - 12:00PM

The Internal Revenue Service (IRS) today announced in Revenue Procedure 2016-55 the 2017 inflation-adjusted amounts for the low-income housing tax credit (LIHTC) and private activity bond (PAB) caps. The state LIHTC ceiling in 2017 will be the greater of $2.35 multiplied by the state population or $2,710,000, which is an increase of $20,000 over this year’s cap. The state ceiling for the private activity bond (PAB) volume cap will be the greater of $100 times the state population or $305,315,000. That is an increase of $2.4 million over the 2016 figure.

Learn more about Novogradac's expertise and many services