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 2018.

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# SECTION 1. PURPOSE

# SECTION 2. BACKGROUND

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 2018.

# SECTION 3. PROCEDURE

The unused housing credit carryover amount allocated from the National Pool by the Secretary to each qualified state for calendar year 2018 is as follows:

Qualified State	Amount Allocated
Alabama	49,984
California	405,396
Connecticut	36,792
Delaware	9,863
Florida	215,167
Georgia	106,939
Idaho	17,605
Illinois	131,268
Indiana	68,359
Kentucky	45,672
Maine	13,698
Maryland	62,057
Massachusetts	70,338
Michigan	102,150
Minnesota	57,181
Missouri	62,686
Montana	10,771
Nebraska	19,688
New Mexico	21,410
New York	203,529
North Carolina	105,340
Ohio	119,544
Pennsylvania	131,304
Puerto Rico	34,218
Rhode Island	10,865
South Dakota	8,917
Texas	290,226
Utah	31,805
Vermont	6,395
Virginia	86,849
Washington	75,936
West Virginia	18,619
Wisconsin	59,425

# EFFECTIVE DATE

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 2018.

# DRAFTING INFORMATION

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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