The Internal Revenue Service (IRS) recently published Revenue Procedure 2013-31, which details the amounts of unused Low-Income Housing Tax Credit (LIHTC) carryovers allocated for calendar year 2013. Thirty-two states have received nearly $2.46 million in unused credits. The unused LIHTC carryover amount allocated from the National Pool by the Secretary to each qualified state for 2013 is as follows:

Qualified State

Amount Allocated

Alabama

46,914

Arizona

63,757

California

370,106

Connecticut

34,930

Delaware

8,922

Florida

187,941

Georgia

96,511

Idaho

15,525

Illinois

125,264

Kansas

28,077

Louisiana

44,772

Maryland

57,251

Massachusetts

64,661

Michigan

96,155

Minnesota

52,334

Mississippi

29,040

Nebraska

18,052

New Jersey

86,244

New Mexico

20,290

New York

190,400

North Carolina

94,878

North Dakota

6,807

Ohio

112,314

Oregon

37,937

Pennsylvania

124,177

Rhode Island

10,218

South Dakota

8,108

Texas

253,531

Vermont

6,090

Virginia

79,641

Washington

67,101

West Virginia

18,051

Click here to read IRS Revenue Procedure 2013-31