Massachusetts has $1.07 billion of private-activity borrowing capacity in 2010, with the state rolling over $482 million of unused PAB volume from 2009.

On top of its $593 million 2010 allocation from the Internal Revenue Service, the state has $407.3 million of PAB capacity left over from 2009 and $75 million of unused affordable housing PABs that it received through the federal Housing and Economic Recovery Act of 2008.

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