SECTION 3. PROCEDURE
Internal Revenue Bulletin 2017-42 · 2026-10-03 edition · updated 2026-10-04 · United States
The unused housing credit carryover amount allocated from the National Pool by the Secretary to each qualified state for calendar year 2017 is as follows:
Qualified State Amount Allocated
Alabama 52,860
California 426,613
Connecticut 38,873
Delaware 10,348
Florida 224,039
Idaho 18,294
Illinois 139,141
Kansas 31,600
Kentucky 48,226
Qualified State Amount Allocated
Maryland 65,393
Massachusetts 74,038
Michigan 107,912
Minnesota 59,997
Montana 11,331
Nebraska 20,729
New Hampshire 14,508
New Jersey 97,218
New Mexico 22,619
New York 214,614
North Carolina 110,287
Ohio 126,238
Oklahoma 42,646
Oregon 44,492
Pennsylvania 138,953
South Dakota 9,407
Texas 302,842
Utah 33,164
Vermont 6,789
Virginia 91,429
Washington 79,214
West Virginia 19,902
Wisconsin 62,809
EFFECTIVE DATE
This revenue procedure is effective for allocations of housing credit dollar amounts attributable to the National Pool component of a qualified state’s housing credit ceiling for calendar year 2017.
DRAFTING INFORMATION
The principal author of this revenue procedure is James A. Holmes of the Office of Associate Chief Counsel (Passthroughs and Special Industries). For further information regarding this revenue procedure, contact Mr. Holmes at (202) 317-4137 (not a toll-free number).
Section 42.—Low-Income Housing Credit
26 CFR 1.42-14. Allocation rules for post-1989 State housing credit ceiling amounts. Guidance is provided to state housing credit agencies of qualified states that request an allocation of unused housing credit carryover under section 42(h)(3)(D) of the Internal Revenue Code. See Rev. Proc. 2017–54, page 336.
October 16, 2017 336 Bulletin No. 2017–42
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