IRS Revenue Procedure 2022-38: 2023 Housing Credit and Housing Bond Volume Caps
The Internal Revenue Service’s Revenue Procedure 2022-38 provides the 2023 per-capita and small-state minimum levels for the Low Income Housing Tax Credit and Private Activity Bonds. In 2023, states will receive the greater of $2.75 per capita or $3,185,000 in Housing Credit authority and the greater of $120 per capita or $358,845,000 in PAB volume cap.
