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IRS Revenue Procedure 2019-44, 2020 Housing Credit and Housing Bond Volume Caps

Published on November 8, 2019
IRS Revenue Procedure 2019-44, 2020 Housing Credit and Housing Bond Volume Caps

Rev. Proc. 2019-44 provides the 2020 per capita and small-state minimum levels for the Low Income Housing Tax Credit and Private Activity Bonds (PABs). In 2020, states will receive the greater of $2.81 per capita or $3,217,500 in Housing Credit authority and the greater of $105 per capita or $321,775,000 in PAB volume cap.