2017 Population Estimates Released

On February 27, the IRS published Notice 2017-19 which lists the 2017 population figures. These figures are used to determine the Housing Credit program’s tax credit ceiling and the Bond program’s tax-exempt private activity bond caps. This year, each state’s tax credit ceiling is the greater of $2.35 multiplied by the population or $2.71 million and for tax-exempt bonds, each state’s cap will be the greater of $100 multiplied by the state population or $305,315,000.

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