{"id":28966,"date":"2023-11-14T10:59:12","date_gmt":"2023-11-14T15:59:12","guid":{"rendered":"https:\/\/www.carh.org\/?p=28966"},"modified":"2023-11-14T10:59:12","modified_gmt":"2023-11-14T15:59:12","slug":"lihtc-per-capita-multiplier-increase-for-2024-ties-record-set-this-year","status":"publish","type":"post","link":"https:\/\/www.carh.org\/lihtc-per-capita-multiplier-increase-for-2024-ties-record-set-this-year\/","title":{"rendered":"LIHTC Per-Capita Multiplier Increase for 2024 Ties Record Set this Year"},"content":{"rendered":"<p><em>On November 13, 2023 &#8212; Novogradac shared the following Industry Alert:<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>WASHINGTON\u2013Nov. 9, 2023\u2013The 9% federal low-income housing tax credit (LIHTC) per-capita multiplier will increase 15 cents in 2024 to $2.90, tying the record set last year for the largest year-over-year increase without legislative cause since 2003, when the credit began being adjusted for inflation. <a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/rp-23-34.pdf\" target=\"_blank\" rel=\"noopener\">Revenue Procedure 2023-34 <\/a>, released today by the Internal Revenue Service (IRS), also increases the small-state minimum for 9% LIHTCs to a record $3,360,000 and the private-activity bond (PAB) per-capita multiplier increases to a record $125. Those figures this year were $3,185,000 and $120. The PAB small-state minimum also increased by nearly $20 million to $378,230,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On November 13, 2023 &#8212; Novogradac shared the following Industry Alert: &nbsp; WASHINGTON\u2013Nov. 9, 2023\u2013The 9% federal low-income housing tax credit (LIHTC) per-capita multiplier will increase 15 cents in 2024 to $2.90, tying the record set last year for the largest year-over-year increase without legislative cause since 2003, when the credit began being adjusted for&hellip;<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[1],"tags":[],"class_list":["post-28966","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-1","description-off"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/28966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/users\/263"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/comments?post=28966"}],"version-history":[{"count":1,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/28966\/revisions"}],"predecessor-version":[{"id":28967,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/28966\/revisions\/28967"}],"wp:attachment":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/media?parent=28966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/categories?post=28966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/tags?post=28966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}