The present disclosure advantageously provides a method and system for allocating shared resources for an interconnect. A request is received at a home node from a request node over an interconnect, where the request represents a beginning of a transaction with a resource in communication with the home node, and the request has a traffic class defined by a user-configurable mapping based on one or more transaction attributes. The traffic class of the request is determined. A resource capability for the traffic class is determined based on user configurable traffic class-based resource capability data. Whether a home node transaction table has an available entry for the request is determined based on the resource capability for the traffic class.