determined without regard to this subparagraph. (ii) Allocation rules applicable to projects to which clause (i) applies (I) State housing credit ceiling For any calendar year, no more than 13 percent of the portion of the State housing credit ceiling described in subsection (h)(3)(C)(ii) shall be allocated to buildings to which clause (i) applies. (II) Application to projects financed with tax-exempt bonds In the case of any building which is financed by an obligation described in subsection (h)(4), clause (i) shall not apply unless— (aa) the State in which the issuing authority issuing such obligation is located designates such obligation as an obligation to which this subparagraph applies, and (bb) the aggregate face amount of obligations designated under item (aa) by such State in the calendar year during which such obligation is issued does not exceed 8 percent of the State ceiling of such State under section 146(d)(1) for such year. . (c) Effective date The amendments made by this section shall apply to allocations of housing credit dollar amount after December 31, 2023, and to buildings that are described in section 42(h)(4)(B) taking into account only obligations that are part of an issue the issue date of which is after December 31, 2023. 204. Inclusion of Indian areas as difficult development areas for purposes of certain buildings (a) In general Subclause (I) of section 42(d)(5)(B)(iii) of the Internal Revenue Code of 1986 is amended by inserting before the period the following: , and any Indian area . (b) Indian area Clause (iii) of section 42(d)(5)(B) of the Internal Revenue Code of 1986 is amended by redesignating subclause (II) as subclause (IV) and by inserting after subclause (I) the following new subclauses: (II) Indian area For purposes of subclause (I), the term Indian area means any Indian area (as defined in section 4(11) of the Native American Housing Assistance and Self Determination Act of 1996 ( 25 U.S.C. 4103(11) )). (III) Special rule for buildings in Indian areas In the case of an