The Internal Revenue Service recently published the amount of unused low-income housing tax credit carryovers allocated to qualified states for 2012.
The amounts were revealed in Rev. Proc. 2012-42. California received the largest single amount of $364,494.
The carryover amounts allocated from the national pool are as follows:
Alabama $46,444
Arizona $62,688
California $364,494
Connecticut $34,627
Delaware $8,772
Georgia $94,916
Idaho $15,327
Illinois $124,450
Kansas $27,766
Kentucky $42,253
Louisiana $44,240
Maine $12,844
Maryland $56,362
Massachusetts $63,704
Michigan $95,506
Minnesota $51,686
Nebraska $17,819
Nevada $26,335
New Jersey $85,304
New Mexico $20,136
New York $188,235
North Carolina $93,381
Ohio $111,644
Oregon $37,442
Pennsylvania $123,228
Puerto Rico $35,845
Rhode Island $10,166
South Carolina $45,250
South Dakota $7,969
Texas $248,283
Utah $27,244
Vermont $6,058
Virginia $78,297
Washington $66,049
Wisconsin $55,235