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%