2020 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

2020 State Ceiling

Multifamily Allocation

2020 Application Deadlines

Alabama $130,000,000Determined by amount requestedRolling basis
Alaska    
Arizona $764, 265,285$114,639,792.75First quarter allocations expire 03/31/2020 then all cap is pooled for any purpose until 12/16/2020 then carryforward. 
Arkansas $368,000,000$32,000,000Rolling basis
California    
Colorado $290,000,000 Second round: August 3, 2020
Connecticut    
Delaware $79,200,000$22,000,000None
Florida    
Georgia    
Hawaii $321,775,000$0 cap allocated upon request to Department of Budget and FinanceRolling basis
Idaho $184,800,000As much as neededRolling basis
Illinois $650,000,000$300,000,000Quarterly
Indiana $7,000,000,000$200,000,000Rolling basis
Iowa $331,395,225$28,000,000Rolling basis
Kansas $321,775,000 Rolling basis
Kentucky $250,000,000 August 15, 2020
Louisiana    
Maine $318,000,000$50,000,000 
Maryland $1,430,100,000$461,300,000 
Massachusetts    
Michigan    
Minnesota $591,000,000$122,060,000January-June: Every Monday, July-November: Every other Monday
Mississippi    
Missouri $643,277,460  
Montana $3,000,000As much as neededRolling basis
Nebraska    
Nevada $317,000,000None directlySeptember 1, 2020
New Hampshire    
New Jersey    
New Mexico $427,745,000$100,000,000Rolling basis
New York   Rolling basis
North Carolina $1,090,280,100As much as neededBetween May 1 and October 1
North Dakota $321,775,000$25,000,000Rolling basis
Ohio    
Oklahoma    
Oregon    
Pennsylvania $400,000,000Not allocated between single and multifamily until carryforward.April 1, 2020
Rhode Island $227,375,000$50,000,000December 20, 2019
South Carolina    
South Dakota $321,775,000Based on applicationsRolling basis
Tennessee $350,000,000$175,000,000Rolling basis
Texas $3,000,000,000$680,000,000Beginning of each month
Utah $331,916,025$39,829,9236 times a year
Vermont $144,000,000$50,000,000December 15, 2020
Virginia   December 1, 2020
Washington $803,126,926$377,469,655December 9, 2020
Washington, D.C.    
West Virginia $128,710,000$50,000,000Rolling basis
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.