On November 18, the IRS allocated $452,467 in unused Housing Credit carryovers to Texas as part of the 2024 reallocation of $3.75 million to 29 states. This allocation, outlined in Revenue Procedure 2024-41, helps address the ongoing demand for affordable housing credits in Texas, which, like many states, faces a shortage of Low-Income Housing Tax Credit (LIHTC) authority.
Texas Receives $452,467 in Reallocated Housing Credits from IRS
Dec 12, 2024 | Affordable Housing News, Newsletter