2021 Tax Credit Cycle – Annual Credit Authority

 

PROGRAM BULLETIN #21-001

HOUSING TAX CREDIT PROGRAM

TO:        Developers, Owners, Management Agents Representing Owners, Interested Parties, and the State of Mississippi

FROM: Cliff Holmes, Senior Vice President of Tax Credits
Mississippi Home Corporation

SUBJECT:  2020 Tax Credit Cycle – Annual Credit Authority

DATE:  February 26, 2021

 

The 2021 Tax Credit Cycle will be funded from the 2022 Annual Credit Authority. The ESTIMATED amount of credits available for the cycle is: $9,200,000
Please note that this estimated amount is subject to change as the 2022 population figure for Mississippi and Per-Capita Rate have not been published by the IRS as of this bulletin.

The calculation is based on:

1) Mississippi population figure- 2,976,149
2) Per-Capita Rate – 2.81250
3) Carry-forward, Returned and Reduced Credits

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