Low-Income Housing Tax Credit:
Applicable Federal Rates
2002
December |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.84 % |
1.83% |
1.83 % |
1.82 % |
| Mid-term (>3 yrs <9 yrs) |
3.31% |
3.28% |
3.27% |
3.26% |
| Long-term (>9 yrs) |
4.92% |
4.86% |
4.83% |
4.81% |
| |
November |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.82 % |
1.81 % |
1.81 % |
1.80 % |
| Mid-term (>3 yrs <9 yrs) |
3.06% |
3.04% |
3.03% |
3.02% |
| Long-term (>9 yrs) |
4.60% |
4.55% |
4.52% |
4.51% |
| |
October |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.03 % |
2.02 % |
2.01 % |
2.01 % |
| Mid-term (>3 yrs <9 yrs) |
3.46% |
3.43% |
3.42% |
3.41% |
| Long-term (>9 yrs) |
4.90% |
4.84% |
4.81% |
4.79% |
| |
September |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.13 % |
2.12 % |
2.11 % |
2.11 % |
| Mid-term (>3 yrs <9 yrs) |
3.75% |
3.72% |
3.70% |
3.69% |
| Long-term (>9 yrs) |
5.23% |
5.16% |
5.13% |
5.11% |
| |
August |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.54 % |
2.52 % |
2.51 % |
2.51 % |
| Mid-term (>3 yrs <9 yrs) |
4.24% |
4.20% |
4.18% |
4.16% |
| Long-term (>9 yrs) |
5.46% |
5.39% |
5.35% |
5.33% |
| |
July |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.84 % |
2.82 % |
2.81 % |
2.80 % |
| Mid-term (>3 yrs <9 yrs) |
4.60% |
4.55% |
4.52% |
4.51% |
| Long-term (>9 yrs) |
5.69% |
5.61% |
5.57% |
5.55% |
| |
June |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.91% |
2.89% |
2.88% |
2.87% |
| Mid-term (>3 yrs <9 yrs) |
4.74 % |
4.69% |
4.66% |
4.64% |
| Long-term (>9 yrs) |
5.70% |
5.62% |
5.58% |
5.56% |
| |
May |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
3.21% |
3.18% |
3.17% |
3.16% |
| Mid-term (>3 yrs <9 yrs) |
4.99% |
4.93% |
4.90% |
4.88% |
| Long-term (>9 yrs) |
5.85% |
5.77% |
5.73% |
5.70% |
| |
April |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.88% |
2.86% |
2.85% |
2.84% |
| Mid-term (>3 yrs <9 yrs) |
4.65% |
4.60% |
4.57% |
4.56% |
| Long-term (>9 yrs) |
5.62% |
5.54% |
5.50% |
5.48% |
| |
March |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.69% |
2.67% |
2.66% |
2.66% |
| Mid-term (>3 yrs <9 yrs) |
4.52% |
4.47% |
4.45% |
4.43% |
| Long-term (>9 yrs) |
5.48% |
5.41% |
5.37% |
5.35% |
| |
February |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.74 % |
2.72% |
2.71% |
2.70% |
| Mid-term (>3 yrs <9 yrs) |
4.63% |
4.58% |
4.55% |
4.54% |
| Long-term (>9 yrs) |
5.60% |
5.52% |
5.48% |
5.46% |
| |
January |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.73 % |
2.71 % |
2.70% |
2.69% |
| Mid-term (>3 yrs <9 yrs) |
4.49% |
4.44% |
4.42% |
4.40% |
| Long-term (>9 yrs) |
5.46% |
5.39% |
5.35% |
5.33% |
| |
