Rates
Listed below are the current rates for the low-income housing tax credit industry. For historical information on the interest rates below, please follow any of the links to the left.
Applicable Percentages – May 2012
The 4% rate (30% present value) |
3.21% |
The 9% rate (70% present value) |
7.48% |
Effective date: May 1, 2012. Click on the link above to see historical charts of past trends and percentages. Source: United States Internal Revenue Service |
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Applicable Federal Rates (AFR) – May 2012
Short-Term Monthly AFR |
0.28% |
Mid-Term Monthly AFR |
1.30% |
Long-Term Monthly AFR |
2.85% |
Effective date: May 1, 2012. Click on the link above to see historical charts of past trends and percentages. Source: United States Internal Revenue Service |
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Rates are subject to change.
*Under Section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008, and before December 31, 2013, shall not be less than 9%.