The Internal Revenue Service (IRS) has invited public comments on Treasury Decision (TD) 8563, State Housing Credit Ceiling and Other Rules Relating to the Low-Income Housing Credit. The rules relate to the order in which low-income housing tax credit (LIHTC) dollar amounts are allocated from each state’s housing credit ceiling under and the determination of which states qualify to receive credit from a national pool of credit. Written comments should be received on or before December 3, 2010 to be assured of consideration. Read more…