On March 2, the IRS published Notice 2020-10 providing the population figures used in calculating each states’ 2020 calendar-year volume limits for the Housing Credit and private activity bond (PAB) programs. The Housing Credit figure for each state is the greater of the population multiplied by $2.8125 or $3,217,500. The PAB cap is the greater of the population multiplied by $105 or $321,775,000.
2020 Population Figures Published
