IRS Revenue Procedure 2021-45: 2022 Housing Credit and Housing Bond Volume Caps
Internal Revenue Service Revenue Procedure 2021-45 provides the 2022 per capita and small-state minimum levels for the Low Income Housing Tax Credit (Housing Credit) and Private Activity Bonds (PABs). In 2022, states will receive the greater of $2.60 per capita or $2,975,000 in Housing Credit authority and the greater of $110 per capita or $335,115,000 in PAB volume cap.
