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2017 State Bond Caps and Deadlines

Listed below are the scheduled deadlines for submitting tax-exempt bond applications and related information. We will continually update this list as new information becomes available. If you would like to correct or update the information listed below please e-mail [email protected].

State

2017 State Ceiling

Multifamily Allocation

2017 Application Deadlines

Alabama$125,000,000TBDOpen Cycle
Alaska   
Arizona

$693,107,100

$229,000,000

March 31, 2017; Dec. 16, 2017

Arkansas   

California

$3,920,000,000

$3,300,000,000

Jan. 13, 2017; Mar. 15, 2017; May. 17, 2017; Jul. 19, 2017 Sept. 20, 2017; Oct. 18, 2017; Nov. 15, 2017; Dec. 13, 2017

Colorado   
Connecticut   
Delaware

$76,000,000

Do Not Set-Aside or Pre-Allocate Cap

Apr. 28, 2017

Florida

$490,935,975

Not Available

4% - Open Cycle; For bonds and 4% deals involving other state / federal funding resources,
application deadlines will set at a later date for each specific RFP.

Georgia   
Hawaii

 

  
Idaho   
Illinois

$250,000,000

$125,000,000

Open Cycle

Indiana

$450,000,000

$175,000,000

Open Cycle
Iowa

$313,469,300

Not Available

Open Cycle
Kansas

$305,315,000

Not AvailableOpen Cycle
Kentucky

$230,000,000

$100,000,000

Applications for TEB authority and LIHTC only are accepted on an open window basis.

Louisiana   
Maine

$302,875,000

$50,000,000

TBD
Maryland   
Massachusetts

Not Available

Not Available

4% credit applications may apply via one of two quasi-public agencies on a rolling basis, unless the projects need other DHCD resources;
if the latter is the case, projects apply via the competitive funding round deadline(s) cited above

Michigan   
Minnesota

Not Available

Not Available

Not Available

Mississippi   
Missouri   
Montana   
Nebraska

$302,875,000

$50,575,000

4% Credits are: Jan. 31, 2017; March 31, 2017; May 31, 2017; July 31, 2017; Sept. 18, 2017

Nevada   
New Hampshire

$152,657,500

No Set Allocation

Open Cycle

New Jersey

$250,000,000

$250,000,000

Not Available 

New MexicoNot AvailableNot AvailableOpen Cycle
New York

$1,400,000,000

NYSHFA estimates using approximately $1.2 billion of volume cap for its multifamily housing projects in 2017. This amount does not reflect how much volume cap the State of New York is planning on allocating to multifamily housing in 2017.

Open Cycle
North Carolina   
North Dakota

$300,000,000

TBDOpen Cycle
Ohio

$1,161,342,300

$120,000,000

Sept. 30, 2017

Oklahoma

Not Applicable

$80,000,000

Not Available
Oregon

$797,799,589

$446,654,489

Open Cycle
Pennsylvania

$400,000,000

$200,000,000

July 2017
Rhode Island   
South Carolina

Not Avialable

Not Avialable

Rolling
South Dakota$305,315,000$7,000,000Open Cycle
Tennessee$232,791,650$210,000,000April 1, 2017
Texas

$2,700,000,000

$604,000,000

Accepted Monthly

Utah

$305,875,000

$36,637,800

Nov. 28, 2016; Feb. 27, 2017; May 30, 2017; Aug. 28, 2017; Oct. 30, 2017

Vermont

$145,000,000

$50,000,000

Dec. 15, 2017

Virginia   

Washington

$728,800,000

$306,096,000

Dec. 20, 2016; Fall 2017

Washington, D.C.

   

West Virginia

$122,126,000

$0

Not Available

Wisconsin   
Wyoming   

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 as more information becomes available.

"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.

 

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