rp-11-57.pdf

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# Part III - Administrative, Procedural, and Miscellaneous

26 CFR 601.105: Examination of returns and claims for refund, credit, or abatement;
determination of correct tax liability.
(Also Part I, § 42; 1.42-14.)

## Rev. Proc. 2011-57

### SECTION 1. PURPOSE

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 2011.

### 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 2011.

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# SECTION 3. PROCEDURE

The unused housing credit carryover amount allocated from the National Pool by the
Secretary to each qualified state for calendar year 2011 is as follows:

Qualified State

Amount Allocated

California

570,425

Delaware

13,749

District of Columbia

9,213

Florida

287,882

Georgia

148,335

Illinois

196,460

Kansas

43,686

Kentucky

66,444

Louisiana

69,414

Maine

20,340

Maryland

88,404

Massachusetts

100,256

Michigan

151,336

Minnesota

81,213

Nebraska

27,965

Nevada

41,350

New Jersey

134,620

New York

296,714

North Carolina

146,051

Ohio

176,645

Oregon

58,661

Pennsylvania

194,496

South Carolina

70,823

Texas

385,024

Utah

42,320

Vermont

9,581

Virginia

122,510

Washington

102,965

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# 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 2011.

# DRAFTING INFORMATION

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 on (202) 622-3040 (not
a toll-free call).