Fillable Form 8610 - Annual Low-Income Housing Credit Agencies Report

8610

Annual Low-Income Housing Credit Agencies Report

OMB No. 1545-0990

2012

Form

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

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Department of the Treasury

Information about Form 8610 and its instructions is at

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Internal Revenue Service

Name of housing credit agency

Employer identification number of agency

Address of housing credit agency

Check box if amended

report

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FOR IRS USE ONLY

Part I

Reconciliation of Attached Forms and Schedules

Enter the number of attached Forms 8609 used to allocate credit in 2012

2 a Enter the number of attached Forms 8609 for credits

(1) allocated prior to 2012 and (2) attributable under section

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

b Enter the total dollars allowed to those projects described in 2a

(2) above

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Enter the number of attached Schedules A (Form 8610)

reporting 2012 carryover allocations .

Total number of attached forms and schedules. Add lines 1, 2a, and 3

Part II

Reconciliation of Credit Ceilings and Allocations (see instructions)

5a Additional housing credit dollar amounts:

• Arkansas, Illinois, Indiana, Iowa, Missouri, Nebraska, and Wisconsin only: Enter Midwestern

disaster area credits allocated in 2008, 2009, or 2010 that were both returned and reallocated in the

Midwestern disaster area in 2012.

• Louisiana and Texas only: Enter Hurricane Ike disaster area credits allocated in 2008, 2009, or 2010

that were both returned and reallocated in the Hurricane Ike disaster area in 2012 .

b Enter the larger of $2.20 multiplied by the state’s population or $2,525,000 .

c Enter the amount of credit ceiling returned in 2012 from allocations prior to 2012 (see instructions)

d Enter the amount (if any) allocated to the state from the 2012 National Pool .

e Add lines 5b, 5c, and 5d .

Enter the unused state housing credit ceiling (if any) from the 2011 Form 8610, line 9 .

g Total state housing credit ceiling for 2012. Add lines 5a, 5e, and 5f .

h Enter the total amount included in line 5g that was allocated during 2012 to qualified nonprofit

organizations under section 42(h)(5) (see instructions)

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6a Enter the total dollar amount of credits from Forms 8609 used to allocate credit in 2012

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

c Total credits allocated during 2012. Add lines 6a and 6b (cannot exceed line 5g) .

d Subtract line 5a from line 6c

Enter the smaller of line 5f or line 6d .

Subtract line 7 from line 6d .

State’s unused housing credit ceiling carryover to 2013. Subtract line 8 from line 5e. If zero or less, enter -0-

Unused 2011 carryover assigned to 2013 National Pool. Subtract line 7 from line 5f

Part III

Compliance With Low-Income Housing Requirements (see instructions)

Does the state’s qualified allocation plan in effect for 2012 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

Has the housing credit agency, for 2012 (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

Has the housing credit agency, for 2012 (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

8610

For Paperwork Reduction Act Notice, see instructions.

Form

(2012)

Cat. No. 63982F

Form 8610 - Annual Low-Income Housing Credit Agencies Report - 2012

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