2021 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.

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Arkansas

Estimated Tax Credits Available in 2021
$250,000
Bifurcated from Federal LIHTC?
No
Credit Period
1 year
Type of Credit
20% of 9% amount
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California

Estimated Tax Credits Available in 2021
$500,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
4 years
Type of Credit
Both 9% and 4%
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Colorado

Estimated Tax Credits Available in 2021
$10,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
6 years
Type of Credit
Both 9% and 4%
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Connecticut

Estimated Tax Credits Available in 2021
$10,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Both 9% and 4%
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D.C.

Estimated Tax Credits Available in 2021
N/A
Bifurcated from Federal LIHTC?
Credit Period
10 years
Type of Credit
Both 9% and 4%
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Georgia

Estimated Tax Credits Available in 2021
N/A
Bifurcated from Federal LIHTC?
Yes
Credit Period
Same as federal
Type of Credit
9%
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Hawaii

Estimated Tax Credits Available in 2021
N/A (maximum 50% of federal credit)
Bifurcated from Federal LIHTC?
Yes
Credit Period
Allocations before Jan. 1, 2017: 10 years (30 Years)

Allocations after Dec. 31, 2016: Five years (30 Years)
Type of Credit
Both 9% and 4%
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Illinois

Estimated Tax Credits Available in 2021
$24,802,026
Bifurcated from Federal LIHTC?
Yes
Credit Period
1 year
Type of Credit
Donation Tax Credit
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Maine

Estimated Tax Credits Available in 2021
$15,000,000
Bifurcated from Federal LIHTC?
Credit Period
One year (45 years)
Type of Credit
Both 9% and 4%
Novogradac & Company LLP Contact

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Massachusetts

Estimated Tax Credits Available in 2021
$40,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
Five years (45 years)
Type of Credit
4%
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Missouri

Estimated Tax Credits Available in 2021
NA
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 Years
Type of Credit
Both 9% and 4%
Novogradac & Company LLP Contact

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Nebraska

Estimated Tax Credits Available in 2021
$9,500,000
Bifurcated from Federal LIHTC?
Credit Period
Six years (30 years)
Type of Credit
9% or 4%
Novogradac & Company LLP Contact

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Nevada

Estimated Tax Credits Available in 2021
$13 million
Bifurcated from Federal LIHTC?
Yes
Credit Period
1 year
Type of Credit
9% or 4%
Novogradac & Company LLP Contact

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New Mexico

Estimated Tax Credits Available in 2021
$4,831,193
Bifurcated from Federal LIHTC?
Yes
Credit Period
5 Years
Type of Credit
50%
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New York

Estimated Tax Credits Available in 2021
$8,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
Same as Federal
Type of Credit
Both 9% and 4%
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Oklahoma

Estimated Tax Credits Available in 2021
$4,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
Two years
Type of Credit
9% or 4%
Novogradac & Company LLP Contact

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Pennsylvania

Estimated Tax Credits Available in 2021
$10,000,000
Bifurcated from Federal LIHTC?
Credit Period
Five years
Type of Credit
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South Carolina

Estimated Tax Credits Available in 2021
N/A
Bifurcated from Federal LIHTC?
Credit Period
Same as federal
Type of Credit
Novogradac & Company LLP Contact

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Utah

Estimated Tax Credits Available in 2021
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Both 9% and 4%
Novogradac & Company LLP Contact

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