IRS Increases LIHTC Cap for 2013

The amount used to calculate the low-income housing tax credit (LIHTC) ceiling in 2013 will be the greater of $2.25 multiplied by the state population or $2,590,000, reported the Internal Revenue Service.

That’s an increase from this year’s $2.20 multiplier and small state minimum of $2,525,000.

The private-activity bond volume cap will be the greater of…

HousingFinance.com

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