IRS Logo

Internal Revenue Bulletin:  2005-28 

July 11, 2005 

Rev. Proc. 2005-36


This revenue procedure publishes the amounts of unused housing credit carryovers allocated to qualified states under § 42(h)(3)(D) of the Internal Revenue Code for calendar year 2005.


Rev. Proc. 92-31, 1992-1 C.B. 775, provides guidance to state housing credit agencies of qualified states on the procedure for requesting an allocation of unused housing credit carryovers under § 42(h)(3)(D). Section 4.06 of Rev. Proc. 92-31 provides that the Internal Revenue Service will publish in the Internal Revenue Bulletin the amount of unused housing credit carryovers allocated to qualified states for a calendar year from a national pool of unused credit authority (the National Pool). This revenue procedure publishes these amounts for calendar year 2005.


The unused housing credit carryover amount allocated from the National Pool by the Secretary to each qualified state for calendar year 2005 is as follows:

Qualified State Amount Allocated
Alabama $107,035
Alaska 15,486
California 848,068
Connecticut 82,780
Delaware 19,619
Florida 411,045
Georgia 208,613
Idaho 32,919
Illinois 300,387
Indiana 147,376
Kansas 64,632
Kentucky 97,956
Maine 31,123
Maryland 131,321
Massachusetts 151,604
Michigan 238,932
Minnesota 120,521
Mississippi 68,589
Missouri 135,965
Nebraska 41,282
New Hampshire 30,703
New Jersey 205,530
New Mexico 44,969
New York 454,281
North Carolina 201,805
Ohio 270,744
Oregon 84,930
Pennsylvania 293,125
Rhode Island 25,532
Tennessee 139,423
Texas 531,375
Utah 56,446
Virginia 176,254
Washington 146,578
West Virginia 42,892
Wisconsin 130,162


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 2005.


The principal author of this revenue procedure is Christopher J. Wilson of the Office of Associate Chief Counsel (Passthroughs and Special Industries). For further information regarding this revenue procedure, contact Mr. Wilson at (202) 622-3040 (not a toll-free call).

More Internal Revenue Bulletins