My Account
Subscription Center2023 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.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Arizona
Estimated Tax Credits Available in 2023
$4,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Both 4% and 9%
Certificated Or Allocated?
Allocated
Novogradac Contact
Arkansas
Estimated Tax Credits Available in 2023
$250,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Both 4% and 9%
Certificated Or Allocated?
Allocated
Novogradac Contact
California
Estimated Tax Credits Available in 2023
Intend to allocate full amount available
Bifurcated from Federal LIHTC?
Yes
Credit Period
Up to 4 years
Type of Credit
Both 9% and 4%
Certificated Or Allocated?
Both
Novogradac Contact
Colorado
Estimated Tax Credits Available in 2023
$11,891,413
Bifurcated from Federal LIHTC?
Yes
Credit Period
6 years
Type of Credit
9%, 4% and state
Certificated Or Allocated?
Allocated
Novogradac Contact
Connecticut
Estimated Tax Credits Available in 2023
$10,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Both 9% and 4%
Certificated Or Allocated?
Allocated
Novogradac Contact
District of Columbia
Estimated Tax Credits Available in 2023
Bifurcated from Federal LIHTC?
Credit Period
Same as federal
Type of Credit
4% and 9%
Certificated Or Allocated?
Novogradac Contact
Hawaii
Estimated Tax Credits Available in 2023
Non-volume, only 4% issued with federal LIHTC
Bifurcated from Federal LIHTC?
Yes
Credit Period
Five years
Type of Credit
4%
Certificated Or Allocated?
Allocated
Novogradac Contact
Illinois
Estimated Tax Credits Available in 2023
$26,042,117
Bifurcated from Federal LIHTC?
Yes
Credit Period
1 year
Type of Credit
Both 9% and 4%
Certificated Or Allocated?
Allocated
Novogradac Contact
Indiana
Estimated Tax Credits Available in 2023
$6,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
Five years
Type of Credit
4%
Certificated Or Allocated?
TBD
Novogradac Contact
Kansas
Estimated Tax Credits Available in 2023
Equal to federal LIHTC amount starting in 2023
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Both 9% and 4%
Certificated Or Allocated?
Allocated
Novogradac Contact
Maine
Estimated Tax Credits Available in 2023
$6,500,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
One Year
Type of Credit
4%
Certificated Or Allocated?
Allocated
Novogradac Contact
Missouri
Estimated Tax Credits Available in 2023
50% of federal LIHTC amount
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 Years
Type of Credit
Both 9% and 4%
Certificated Or Allocated?
Allocated
Novogradac Contact
Massachusetts
Estimated Tax Credits Available in 2023
$40,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
Five years
Type of Credit
Both 9% and 4%
Certificated Or Allocated?
Both
Novogradac Contact
Nebraska
Estimated Tax Credits Available in 2023
$5,400,153
Bifurcated from Federal LIHTC?
Yes
Credit Period
Six years
Type of Credit
State credit paired with both the 9% and 4%
Certificated Or Allocated?
Allocated
Novogradac Contact
Nevada
Estimated Tax Credits Available in 2023
$10,000,000
Bifurcated from Federal LIHTC?
No
Credit Period
1 year
Type of Credit
4%
Certificated Or Allocated?
Allocated
Novogradac Contact
New Mexico
Estimated Tax Credits Available in 2023
$5,100,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
Can be claimed up to five years from certification
Type of Credit
Available to individuals and businesses that provide donations to help build affordable housing in New Mexico. The credit is equal to up to 50%of the value of the donation. Donations may include land, buildings, cash or services.
Certificated Or Allocated?
Both
Novogradac Contact
New York
Estimated Tax Credits Available in 2023
$15,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Both 9% and 4%
Certificated Or Allocated?
Allocated and then transferred to a third party investor
Novogradac Contact
Oklahoma
Estimated Tax Credits Available in 2023
Unknown
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
4%
Certificated Or Allocated?
Allocated
Novogradac Contact
Pennsylvania
Estimated Tax Credits Available in 2023
$10,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
Five years
Type of Credit
9%
Certificated Or Allocated?
Novogradac Contact
South Carolina
Estimated Tax Credits Available in 2023
$20,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
9% and 4%
Certificated Or Allocated?
Allocated
Novogradac Contact
Utah
Estimated Tax Credits Available in 2023
$1,151,601
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Both, state credits are used to fill gaps and lower rents
Certificated Or Allocated?
Allocated
Novogradac Contact
Vermont
Estimated Tax Credits Available in 2023
$400,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
5 years
Type of Credit
The credit is for a taxpayer’s eligible cash contribution for affordable housing.
Certificated Or Allocated?
Certificated
Novogradac Contact
Virginia
Estimated Tax Credits Available in 2023
$6,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
10 years
Type of Credit
Federal requirement but no basis calculation or cap on credit request
Certificated Or Allocated?
Allocated
Novogradac Contact
Wisconsin
Estimated Tax Credits Available in 2023
$7,000,000
Bifurcated from Federal LIHTC?
Yes
Credit Period
6 years
Type of Credit
4%
Certificated Or Allocated?
Both
Novogradac Contact