Residential

2017 Caps for LIHTCs, Bonds Released

Small-state minimums see increase.

By

The Internal Revenue Service has revealed the low-income housing tax credit (LIHTC) and private-activity bond caps for 2017.

The amounts used to calculate each state’s LIHTC ceiling next year will be the greater of $2.35 multiplied by the state population, which remains the same as 2016, or $2,710,000, a $30,000 increase over this year’s cap.

For 2017, the amounts used to calculate the state ceiling for private-activity bonds is the greater of $100 multiplied by the state population, which has been the same since 2014, or $305,315,000. That’s up from $302,875,000 this year.

About the Author

Christine Serlin

Christine Serlin is an editor for Affordable Housing Finance, Multifamily Executive, and Builder. She has covered the affordable housing industry since 2001. Before that, she worked at several daily newspapers, including the Contra Costa Times and the Pittsburgh Tribune-Review. Connect with Christine at cserlin@zondahome.com or follow her on Twitter @ChristineSerlin.

Related Topics

No recommended contents to display.