In Revenue Procedure 2023-32, the Internal Revenue Service (IRS) allocate more than $3.2 million in unused Federal LIHTCs to 28 states – ranging from $450,249 for Texas to $9,702 for Vermont. This is the second straight year with a decline in reallocated LIHTCs, following $7.8 million in 2021 and $5.4 million in 2022.
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