State Average Income Policies

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

STATE

POLICY DOCUMENTS

Alabama

 

Alaska

 

Arizona

Notices
Bulletin 23-18: Income Averaging Election

Arkansas

 

California

Notices
2020 Memo Updating Average Income Test and Project's First Year of Credits
2018 Memo Proposed Emergency Regulation Changes and Responses to Comments
 

Reference Material
Regulations Implementing the Federal and State LIHTC Laws
Income Averaging Comment Matrix

Colorado

Reference Material
Final Income Averaging Policy
Updated FAQs
Income Averaging Compliance Guidelines
Draft Income Averaging Policy
FAQs

Connecticut

Reference Material
Income Averaging Minimum Set-Aside for the LIHTC Program FAQ
Guideline for Utilizing the Income Averaging Minimum Set-Aside for Applications Under Consideration or Already Approved

Delaware

 

FloridaReference Material
Best Practices
Applicant Income Average Test Acknowledgement and Certification
Revised Income Average Test Election Worksheet
Draft Income Averaing Policy
Georgia

Reference Material
Compliance Monitoring Income Averaging Webinar Slides​
Income Averaging Policy
Draft Income Averaging Policy

Hawaii

 

Idaho

 

Illinois

 

Indiana

Reference Material
Income Averaging Policy for 9 Percent LIHTC Developments 
Income Averaging Policy for 4 Percent LIHTC Developments 

Iowa

 

Kansas 
Kentucky

Reference Material
2019-2020 Multifamily Guidelines
Average Income Compliance Policy

Louisiana

 

Maine 
Maryland

Notices
Final 2018 MD MF Rental Financing Program Guide - Income Averaging Changes
Draft 2018 MD MF Rental Financing Program Guide - Income Averaging Changes​
Final 2018 MD Qualified Allocation Plan - Income Averaging Changes​
Notice 18-10: Amended 2018 MD Rental Financing Program Guide – Income Averaging Changes
Notice 18-09: Amended 2018 QAP – Income Averaging Changes
Notice 18-08: Draft 2018 QAP - Income Averaging Changes

Massachusetts

Notices
Income Averaging Policy (Revised)

Michigan

Notices
2018 Income Averaging Memo

Minnesota

Reference Material
Income Averaging Guidance
Income Averaging: Current Applicability by Development Stage

Mississippi

 

Missouri

Reference Material
Income Averaging Draft Policy 
Income Averaging Draft Policy Webinar Slides 

Montana 
Nebraska

 

Nevada

Income Averaging Policy Draft

New Hampshire

Income Average Test Policy, 2018

New Jersey  
New Mexico

 

New York

 

North Carolina

 

North Dakota

Notices
Income Averaging Policy

Reference Material
2019 QAP

Northern Mariana Islands  
Ohio

Reference Material
2019 QAP Technical Revisions

Oklahoma

Reference Material
Income Averaging Amendment to 2018 QAP

Oregon 
Pennsylvania

Reference Material
2018 Interim Guidance on Income Averaging

Puerto Rico  
Rhode Island

Notices
Bulletin: Income Averaging

South Carolina

Reference Material
2018 LIHTC Program Bulleting Income Averaging

South Dakota
Reference Material
2018 Income Averaging Policy Applications
Tennessee

Reference Material
Guidance Regarding Implementation of Low-Income Housing Tax Credit Income Averaging Federal Election
Draft Income Averaging Guidance

Texas

Reference Material
2018 Income Averaging Handout
 

Utah 
Vermont 
Virgin Islands  
Virginia

Average Income Test Guidelines, April 2021

Washington

 

Washington, D.C.  
West Virginia

 

Wisconsin

Reference Material
2018 Income Averaging 4 Percent FAQ

Wyoming