Part III. Administrative, Procedural, and Miscellaneous

2009 Calendar Year Resident Population Estimates

Notice 2009–21

This notice informs (1) State and local housing credit agencies that allocate low-income housing tax credits under § 42 of the Internal Revenue Code and (2) States and other issuers of tax-exempt private activity bonds under § 141, of the proper population figures to be used for calculating the 2009 calendar year population-based component of the State housing credit ceiling (Credit Ceiling) under § 42(h)(3)(C)(ii), the 2009 calendar year volume cap (Volume Cap) under § 146, and the 2009 volume limit (Volume Limit) under § 142(k)(5).

The population figures for both the population-based component of the Credit Ceiling and the Volume Cap are determined by reference to § 146(j). That section provides generally that determinations of population for any calendar year are made on the basis of the most recent census estimate of the resident population of a State (or issuing authority) released

by the U.S. Census Bureau before the beginning of such calendar year. Section 142(k)(5) provides that the Volume Limit is based on the State population.

The population-based component of the Credit Ceiling and the Volume Cap are adjusted for inflation pursuant to §§ 42(h)(3)(H) and 146(d)(2), respectively. The adjustments for the 2009 calendar year were published in Rev. Proc. 2008–66, 2008–45 I.R.B. 1107. Section 3.07 of Rev. Proc. 2008–66 provides that, for calendar year 2009, the amounts used under § 42(h)(3)(C)(ii) to calculate the Credit Ceiling is the greater of $2.30 multiplied by the State population (see the resident population figures provided below) or $2,665,000. Further, section 3.15 of Rev. Proc. 2008–66 provides that the amounts used under § 146(d)(1) to calculate the Volume Cap for calendar year 2009 is the greater of $90 multiplied by the State population (see the resident population figures provided below) or $273,270,000.

The proper population figures for calculating the Credit Ceiling, the Volume Cap, and the Volume Limit for the 2009 cal

Resident Population Figures

endar year are the estimates of the resident population of the 50 states, the District of Columbia, and Puerto Rico released electronically by the U.S. Census Bureau on December 22, 2008, in Press Release CB08–187. The proper population figures for calculating the Credit Ceiling, the Volume Cap, and the Volume Limit for the 2009 calendar year for Guam, Northern Mariana Islands, and U.S. Virgin Islands, are the figures released electronically by the U.S. Census Bureau on July 17, 2003, and referenced in Census Bureau Tip Sheet TP03–16, dated August 8, 2003. The figures for these three areas are in the U.S. Census Bureau’s International Data Base (IDB) as 2008 midyear population figures. The proper population figure for calculating the Credit Ceiling, the Volume Cap, and the Volume Limit for the 2009 calendar year for American Samoa is the figure released electronically by the U.S. Census Bureau in an IDB release note dated June 18, 2008, which is also in the IDB as a 2008 midyear population figure. For convenience, these estimates and figures are reprinted below.

Alabama 4,661,900 Alaska 686,293 American Samoa 64,827 Arizona 6,500,180 Arkansas 2,855,390

California 36,756,666 Colorado 4,939,456 Connecticut 3,501,252

Delaware 873,092 District of Columbia 591,833

Florida 18,328,340

Georgia 9,685,744 Guam 175,991

Hawaii 1,288,198

Idaho 1,523,816 Illinois 12,901,563

March 30, 2009 724 2009–13 I.R.B.

Indiana 6,376,792 Iowa 3,002,555

Kansas 2,802,134 Kentucky 4,269,245

Louisiana 4,410,796

Maine 1,316,456 Maryland 5,633,597 Massachusetts 6,497,967 Michigan 10,003,422 Minnesota 5,220,393 Mississippi 2,938,618 Missouri 5,911,605 Montana 967,440

Nebraska 1,783,432 Nevada 2,600,167 New Hampshire 1,315,809 New Jersey 8,682,661 New Mexico 1,984,356 New York 19,490,297 North Carolina 9,222,414 North Dakota 641,481 Northern Mariana Islands 86,616

Ohio 11,485,910 Oklahoma 3,642,361 Oregon 3,790,060

Pennsylvania 12,448,279 Puerto Rico 3,954,037

Rhode Island 1,050,788

South Carolina 4,479,800 South Dakota 804,194

Tennessee 6,214,888 Texas 24,326,974

U.S. Virgin Islands 109,840 Utah 2,736,424

Vermont 621,270 Virginia 7,769,089

Washington 6,549,224 West Virginia 1,814,468 Wisconsin 5,627,967 Wyoming 532,668

2009–13 I.R.B. 725 March 30, 2009

The principal authors of this notice are Christopher J. Wilson, Office of the Associate Chief Counsel (Passthroughs and

Special Industries) and Timothy L. Jones, Office of the Associate Chief Counsel (Financial Institutions and Products). For fur

ther information regarding this notice, contact Mr. Wilson at (202) 622–3040 (not a toll-free call).

March 30, 2009 726 2009–13 I.R.B.