Sign Up For Novogradac Industry Alert Emails

IRS Publishes 2018 Caps for LIHTCs, Bonds

Thursday, October 19, 2017 - 12:15PM

The Internal Revenue Service (IRS) today announced in Revenue Procedure 2017-58 the 2018 inflation-adjusted amounts for the low-income housing tax credit (LIHTC) and private activity bond (PAB) caps. The state LIHTC ceiling in 2018 will be the greater of $2.40 multiplied by the state population or $2,765,000, which is an increase of $55,000 over this year’s cap. The multiplier had been $2.35 in 2017. The state ceiling for the private activity bond (PAB) volume cap will be the greater of $105 times the state population or $311,375,000. That is an increase of $6.06 million over the 2017 figure.

Learn more about Novogradac's expertise and many services