• Allocations - Increases the annual per capita Housing Credit allocation and small state minimum by 50 percent, phased in over five years. The per capita allocation was last increased and indexed to inflation in 2004, and is currently $2.35. The current small state minimum is $2.71 million. The proposal increases these amounts, subject to inflation, to $3.53 and $4.065 million, respectively, by 2022.