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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 (Housing Credit) and Private Activity Bonds (PAB). 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.