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Internal Revenue Bulletin:  2016-42 

October 17, 2016 

Rev. Proc. 2016–52


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 2016.


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 2016.


The unused housing credit carryover amount allocated from the National Pool by the Secretary to each qualified state for calendar year 2016 is as follows:

Qualified State Amount Allocated
Alabama 51,684
Arizona 72,629
California 416,376
Connecticut 38,196
Delaware 10,062
Florida 215,622
Georgia 108,654
Idaho 17,603
Illinois 136,789
Kansas 30,971
Kentucky 47,069
Louisiana 49,682
Maine 14,140
Maryland 63,889
Massachusetts 72,271
Michigan 105,545
Minnesota 58,392
Nebraska 20,169
Nevada 30,749
New Jersey 95,285
New Mexico 22,179
New York 210,564
North Carolina 106,823
North Dakota 8,051
Ohio 123,530
Oklahoma 41,604
Oregon 42,855
Pennsylvania 136,178
South Dakota 9,131
Utah 31,867
Virginia 89,168
Washington 76,270
West Virginia 19,616
Wisconsin 61,389


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 2016.


The principal author of this revenue procedure is James A. Holmes of the Office of Associate Chief Counsel (Passthroughs and Special Industries). For further information regarding this revenue procedure, contact Mr. Holmes at (202) 317-4137 (not a toll-free number).

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