IRS Announces 2009 National Pool Allocations

By Caitlin Jones
October 21, 2009 1 min read

Tax Credit Advisor, October 2009: The Internal Revenue Service has announced the allocation of $4.61 million in unused low-income housing tax credits to 29 states from the 2009 “national pool.” The extra credits are provided to states that have exhausted their regular credit authority, and boost the 2009 housing credit ceilings of the recipient states.

The new allocations, outlined in IRS Revenue Procedure 2009-40, range from a low of $13,904 to Vermont to a high of $882,632 to California.

(http://www.irs.gov/pub/irs-drop/rp-09-40.pdf)

Breaking Ground

Jennifer Leimaile Ho, Minnesota Housing Commissioner and Incoming Chair of National Council of State Housing Agencies

Pamela Martineau • December 1, 2024 10 min read

Earlier this fall, Jennifer Leimaile Ho was elected chair of the National Council of State Housing Agencies’ (NCSHA) 2025 Board of Directors. Ho is the Commissioner of Minnesota Housing, having been appointed by Governor Tim Walz in January 2019 and reappointed in 2023.

“Business as Usual”

Leaders in Equity Express Optimism Despite an Uncertain Future

Abram Mamet • December 1, 2024 9 min read

Any outside observer may assume some unease amongst the low-income housing industry. Buffeted on the one hand by residual stressors from the COVID-19 pandemic and on the other by the uncertain prospects of an incoming federal administration keen on cutting spending and shrinking government programs, the affordable housing landscape is experiencing an inflection point.

NCSHA Recognizes Stand-Out Affordable Housing Programs and Initiatives

Pamela Martineau • December 1, 2024 7 min read

This fall, the National Council of State Housing Agencies (NCSHA) recognized 17 programs offered by state housing finance agencies across the nation that creatively developed tools to tackle their communities’ affordable housing challenges.