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LIHTC Update: $5.4 Million in Unused Housing Credit Carryovers

The IRS published Revenue Procedure 2022-37, announcing $5,423,591 of unused low-income housing tax credits allocated from the national pool to 27 qualified states for the calendar year 2022. The national pool in 2022 reflects a decrease from the $7.8 million in unused low-income housing tax credits in the calendar year 2021. Revenue Procure 2022-37 is attached and can also be viewed here
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