SECTION 5. PROCEDURE—

METHOD FOR REQUESTING CREDIT FROM THE NATIONAL POOL

01 Only the Filing Agency of a qualified state may request, on behalf of that state, to receive an allocation of credit from the National Pool..

02 Not later than May 1 of the calendar year in which the allocation is requested, the Filing Agency must attach a portable document format (pdf) copy of the request

Section 42.—Low-Income Housing Credit

26 CFR 1. 42-14. Allocation rules for post-2000 State housing credit ceiling amounts. Guidance is provided to 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. 2019-45.

to an email that the Filing Agency sends to the following email address:

CC. PSI. Stakeholder@irscounsel. treas. gov

The pdf-format copy of the request attached to the email must briefly explain that a request for allocation of credit from the National Pool is being made under section 42(h)(3)(D), and must be signed by an authorized official of the Filing Agency..

03 A pdf-format copy of the state’s Form 8610 (or most recently amended Form 8610) for the preceding calendar year must also be attached to the email..

04 If there are any requests for allocations of credit from the National Pool, the Service will publish in the Internal Revenue Bulletin the amounts of unused housing credit carryovers assigned to qualified states from the National Pool for that calendar year.