2003 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].

(* indicates 2002 program information)

State

2003 State Ceiling

Multifamily/
Housing Allocation

Percent
of Cap

2003 Demand/Supply Ratio

2003 Application
Due Dates

Alabama$228,580,000$83,706,675 to all housing37TBDApril 15; October 15, 2003
First come, first served
Alaska$225,000,000$130,000,000571:1October 2003
Arizona$409,233,975$117,500,000271.7:1 Jan. 1; July 1, 2003
Arkansas$230,000,000$23,000,000101:3Jan. 6, 2003
California$3,000,000,000$1,500,000,000501.67:1Jan. 15; April 16; July 16; Oct. 1, 2003
Colorado$90,000,000TBD according to needTBD1:1All year
Connecticut$259,500,000$157,210,000
to all housing
60TBDAll year
Delaware$332,700,000TBDTBD1:0All year
District of Columbia$230,000,000TBDTBD2:3April 30; Oct. 31, 2003
Florida$1,253,486,175$866,989,631o all housing691.1:1All year/January best
Georgia$629,000,000TBDTBDTBDJan. 1, 2003
Hawaii$228,580,000TBDTBDTBDAll year
Idaho$228,000,000001:1All year
Illinois$931,446,975$150,000,000 to all housing16TBDAll year
Indiana$380,000,00$76,000,000201:1.47All year
Iowa$228,058,000$6,857,4003TBDFirst come, first served Dec. 31, 2002
Kansas$228,580,000$75,000,00044TBDAll year
Kentucky$306,000,00000TBDAll year
Maine$228,580,000$25,000,00011% 1:1 All year
Maryland$419,400,000$251,640,000 to all housing60 1:1All year
Massachusetts$526,000,000150,000,000261.5:1All year 
Minnesota$368,960,000TBDTBDTBDFirst Monday in Jan., Feb., Aug.
Mississippi$228,580,000TBDTBD1:1.2All year
Missouri$422,228,025TBDTBDTBDAll year
Montana$228,580,000$65,602,460 to all housing280Monthly
Nebraska$228,580,00019,000,00081:1All year
Nevada$228,580,000TBDTBDTBDAll year
New Hampshire$225,000,000$25,000,0006.41:1TBD
New Jersey$405,800,000$100,000,00024TBDAll year
New Mexico$228,580,000$30,000,000131:1Monthly 
New York$1,423,234,275$425,000,00030TBDAll year
North Carolina$604,000,000$50,000,00012TBDJan. 10, 2003
North Dakota$228,580,00010,125,00041:1All year
Ohio$856,595,025 $100,000,000121:1January 31 and 
June 3, 2003
Oklahoma$262,028,55010,650,0004TBDUntil Sept. 1, 2002
Oregon$264,113,625$21,309,02581:1All year
PennsylvaniaTBDTBDTBD1:1TBD
Rhode Island$228,580,00060,000,000251:1All year
South Carolina$300,900,900TBD
Case by case
TBD1:2.5All year
South Dakota$228,580,000None0TBDThrough Dec. 15, 2003
Tennessee$434,797,000175,000,000401:1TBD
Texas$1,623,366,975$373,374,404231:7Oct. 8, 2003
Utah$228,580,000$36,000,00016TBDAll year
Vermont$228,580,000TBDTBDTBDTBD
Virginia$228,580,000TBDTBDTBDTBD
Washington$449,097,975$114,729,392.50 to all housingTBDTBDAll year from Oct. 1
West Virginia$270,000,000$90,000,000 to all housing
$10,000,000 multifamily
2.7TBDTBD
Wisconsin$390,000,000$45,000,0008.661:1TBD
Wyoming$228,580,000$90,000,000TBD0:0TBD