Form 8610

Department of the Treasury 

Internal Revenue Service 

Annual Low-Income Housing Credit Agencies Report 

(under section 42(l)(3) of the Internal Revenue Code)

Go to www.irs.gov/Form8610 for the latest information. 

OMB No. 1545-0990

2023

Name of housing credit agency Employer identification number of agency 

Address of housing credit agency 

Check box if amended report 

FOR IRS USE ONLY 

Part I Reconciliation of Attached Forms and Schedules 

1 Enter the number of attached Forms 8609 used to allocate 

credit in 2023 . . . . . . . . . . . . . . . . 1 

2 Enter the number of attached Forms 8609 for credits allocated 

prior to 2023 . . . . . . . . . . . . . . . . . 2

3 Enter the number of attached Forms 8609 for credits attributable 

under section 42(h)(4) to projects financed by tax-exempt bonds 3

4 Enter the total dollar amount of credits attributable to projects 

financed by tax-exempt bonds as described on line 3 above 

$

5 Enter the number of attached Schedules A (Form 8610) reporting 

2023 carryover allocations . . . . . . . . . . . . 5

6 Total number of attached forms and schedules. Add lines 1, 

2, 3, and 5 . . . . . . . . . . . . . . . . . 6

Part II Reconciliation of Credit Ceilings and Allocations (see instructions) 

7a Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . 7a 

b Enter the larger of $2.75 multiplied by the state’s population or $3,185,000 . . . . . . . . . 7b 

c Enter the amount of credit ceiling returned in 2023 from allocations prior to 2023. See instructions . 7c

d Enter the amount (if any) allocated to the state from the 2023 National Pool . . . . . . . . . 7d 

e Add lines 7a through 7d . . . . . . . . . . . . . . . . . . . . . . . . . . 7e 

f Enter the unused state housing credit ceiling (if any) from the 2022 Form 8610, line 11 . . . . . 7f 

g Total state housing credit ceiling for 2023. Add lines 7e and 7f . . . . . . . . . . . . 7g

h Enter the total amount included on line 7g that was allocated during 2023 to qualified nonprofit 

organizations under section 42(h)(5). See instructions $ 

8 a Enter the total dollar amount of credits from Forms 8609, identified on line 1

above, used to allocate credit in 2023 where the year of allocation and the

placed-in-service year are the same . . . . . . . . . . . . . . 8a 

b Enter the total dollar amount of credits from Schedules A (Form 8610), line 5 . 8b

c Total credits allocated during 2023. Add lines 8a and 8b. (Total can’t exceed line 7g.) . . . . . 8c

9 Enter the smaller of line 7f or line 8c . . . . . . . . . . . . . . . . . . . . . . 9

10 Subtract line 9 from line 8c . . . . . . . . . . . . . . . . . . . . . . . . . 10

11 State’s unused housing credit ceiling carryover to 2024. Subtract line 10 from line 7e. If zero or 

less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

12 Unused 2022 carryover assigned to the 2024 National Pool. Subtract line 9 from line 7f . . . . 12

Part III Compliance With Low-Income Housing Requirements (see instructions) 

13 Does the state’s qualified allocation plan in effect for 2023 include compliance monitoring procedures as 

required in section 42(m)(1)(B)(iii) and Regulations section 1.42-5(a)(2), including monitoring for habitability 

standards through regular site visits? (If “No,” attach an explanation.) . . . . . . . . . . . . . Yes No

14 Has the housing credit agency, for 2023 (or its most recent 12-month operating period), complied with all 

applicable requirements under the compliance monitoring procedures in its qualified allocation plan? (If “No,”

attach an explanation.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

15 Has the housing credit agency, for 2023 (or its most recent 12-month operating period), complied with

the requirements of its monitoring procedures to fulfill its notification of noncompliance responsibilities under 

Regulations section 1.42-5(e)? (If “No,” attach an explanation.) . . . . . . . . . . . . . . . Yes No

Under penalties of perjury, I declare that I have examined this report and accompanying forms, schedules, binding agreements, and election statements, and other 

attachments, and to the best of my knowledge and belief, they are true, correct, and complete. 

Signature of Authorizing Official Print Name and Title Date 

For Paperwork Reduction Act Notice, see instructions. Cat. No. 63982F Form 8610 (2023) 
Form 8610 (2023) Page 2 

General Instructions 

Section references are to the Internal Revenue Code unless 

otherwise noted. 

Future Developments

For the latest information about developments related to Form 

8610 and its instructions, such as legislation enacted after they 

were published, go to www.irs.gov/Form8610.

What’s New 

The population component of the state housing credit ceiling for 

2023 is the greater of $2.75 times the state’s population or 

$3,185,000. 

Purpose of Form 

Housing credit agencies use Form 8610 to transmit Forms 8609, 

Low-Income Housing Credit Allocation and Certification, and 

Schedules A (Form 8610) to the IRS. Form 8610 is also used to 

report the dollar amount of housing credits allocated during the 

calendar year. The housing credit agency must not allocate 

more credits than it is authorized to allocate during the calendar 

year. 

Generally, the state housing credit ceiling for 2023 for any 

state is the sum of: 

1. The larger of $3,185,000 or $2.75 multiplied by the state’s 

population; 

2. The amount of state housing credit ceiling returned in 2023 

from allocations made prior to 2023; 

3. The amount, if any, allocated to the state from the National 

Pool; plus 

4. The unused state housing credit ceiling, if any, for 2022. 

See Regulations section 1.42-14 for more information. 

Who Must File 

Any housing credit agency authorized to make an allocation of 

the credit (even if no credit is actually allocated) on a Form 8609 

or carryover allocation reported on a Schedule A (Form 8610) to 

an owner of a qualified low-income building during the calendar 

year must complete and file Form 8610. In states with multiple 

housing credit agencies (including states with constitutional 

home rule cities), the agencies must coordinate and file one 

Form 8610. 

If a housing credit agency has granted any project relief for 

carryover allocations discussed in section 6 of Rev. Proc. 

2014-49, 2014-37 I.R.B. 535, the agency must attach to Form 

8610 a copy of Schedule A (Form 8610) for each project for 

which it has approved relief. The attached copy of Schedule A

(Form 8610) must have the box checked that indicates the 

housing credit agency granted carryover allocation relief under 

Rev. Proc. 2014-49. The housing credit agency should only 

include Schedules A (Form 8610) for projects receiving approval 

of the carryover allocation relief since the agency last filed Form 

8610. The information from these particular Schedules A (Form 

8610) isn’t included on any line in Part I or Part II of Form 8610. 

If a housing credit agency has granted any project relief to toll 

the beginning of the first year of the credit period as discussed 

in section 10 of Rev. Proc. 2014-49, the agency must attach to 

the Form 8610 filed for the calendar year in which the President 

declared the area a major disaster area a statement containing 

the following information: (1) the name, address, and TIN of the 

building owner; (2) the address of the building; (3) the building

identification number (BIN); and (4) the agency-approved first 

year of the credit period. The statement should be labeled 

“Relief Under Section 10 of Rev. Proc. 2014-49.” The statement 

should be signed by an agency-authorized official and a copy of 

the statement should be provided to the building owner.

When To File 

File the 2023 Form 8610 with accompanying Forms 8609 (with 

only Part I completed) and Schedules A (Form 8610) by 

February 28, 2024. 

Where To File 

Send Form 8610 and attached forms and schedules to:

Department of the Treasury 

Internal Revenue Service Center 

Philadelphia, PA 19255-0549

Penalty 

The $100 penalty under section 6652(j) applies to any failure to 

file Form 8610 when due. 

Specific Instructions 

Note: The primary housing credit agency may rely on 

information provided by any constitutional home rule city or 

local housing credit agency under Temporary Regulations

section 1.42-1T(c)(3) or (4). 

To ensure that Form 8610 is correctly processed, attach all 

forms and schedules to Form 8610 in the following order. 

1. Forms 8609. 

2. Schedules A (Form 8610), not including those for projects 

approved for carryover allocation relief under Rev. Proc. 

2014-49. 

3. Schedules A (Form 8610) for projects approved for 

carryover allocation relief under Rev. Proc. 2014-49. 

Amended Report 

If this is an amended Form 8610, check the “amended report” 

box. Use the same version of the form that was originally filed 

(for example, a 2023 Form 8610 to amend the 2023 report, a 

2022 Form 8610 to amend the 2022 report, etc.). 

Complete only those lines that are being amended by entering 

the correct information. Attach any additional documentation 

necessary to explain why an amended Form 8610 is being filed. 

Part I 

Line 1 

Enter the total number of Forms 8609 attached to this Form 

8610 that were used to allocate credit during 2023. Don’t 

include Forms 8609 issued to taxpayers that reflect credit 

allocations made prior to 2023 on section 42(h)(1)(E) or 42(h)(1)

(F) carryover allocation documents. 

Line 2

Enter the total number of Forms 8609 attached to this Form 

8610 for credit allocations made prior to 2023 on section 42(h)

(1)(E) or 42(h)(1)(F) carryover allocation documents.

Line 3

Enter the total number of Forms 8609 attached to this Form 

8610 for credits attributable to projects financed by tax-exempt 

bonds subject to the volume cap under section 42(h)(4).
Form 8610 (2023) Page 3 

Part II 

Line 7b 

A state’s population is determined according to section 146(j). 

See Notice 2023-22, 2023-12 I.R.B. 569, for applicable 

population figures. 

Line 7c 

Don’t include on this line allocations made and returned in the 

same year. 

Line 7d 

Enter the “Amount Allocated,” if any, for your state in Rev. Proc. 

2023-32, 2023-41 I.R.B. 1064.

Line 7f

If the 2022 Form 8610 was amended, enter the amount (if any) 

from the amended Form 8610, line 11.

Line 7g

This is the state housing credit ceiling available for allocations 

during 2023. 

Line 7h

Not more than 90% of the line 7g amount is allowed to be 

allocated to projects other than qualified low-income housing 

projects described in section 42(h)(5)(B). 

Enter the sum of the following amounts.

• Any amount reported on line 1b of an attached Form 8609 

with box 6f checked. 

• Any amount reported on line 5 of an attached Schedule A 

(Form 8610) with question 3b answered “Yes.” 

Lines 8a and 8b 

Enter on the applicable line the dollar amount actually allocated 

during 2023. Don’t include the following.

• Credits allowed to tax-exempt bond financed projects under 

section 42(h)(4). These credits don’t count against the total state 

housing ceiling authorized on line 7g. 

• Amounts allocated and returned during the year, unless such 

amounts are reallocated by the close of the year. 

On line 8a, enter the total amounts reported on all Forms 

8609, Part I, line 1b, that are included on line 1 of this Form 

8610. On line 8b, enter the total amounts reported as carryover 

allocations that are included on line 5 of this Form 8610. 

Paperwork Reduction Act Notice 

We ask for the information on this form to carry out the Internal 

Revenue laws of the United States. You are required to give us 

the information. We need it to ensure that you are complying 

with these laws and to allow us to figure and collect the right 

amount of tax. 

You are not required to provide the information requested on 

a form that is subject to the Paperwork Reduction Act unless 

the form displays a valid OMB control number. Books or 

records relating to a form or its instructions must be retained as 

long as their contents may become material in the 

administration of any Internal Revenue law. Generally, tax 

returns and return information are confidential, as required by 

section 6103. 

The time needed to complete and file the following forms will 

vary depending on individual circumstances. The estimated 

average times are: 

Form 8610 

Schedule A 

(Form 8610) 

Recordkeeping . . . . 7 hr., 39 min. 3 hr., 49 min.

Learning about the law 

or the form . . . . . . 1 hr., 59 min. 24 min. 

Preparing and sending 

the form to the IRS . . . 2 hr., 12 min. 28 min. 

If you have comments concerning the accuracy of these time 

estimates or suggestions for making this form simpler, we would 

be happy to hear from you. You can send us comments from 

www.irs.gov/FormComments. Or you can write to the Internal 

Revenue Service, Tax Forms and Publications Division, 1111 

Constitution Ave. NW, IR-6526, Washington, DC 20224. Don’t 

send the form to this office. Instead, see Where To File, earlier.