Low-Income Housing Tax Credit:

Applicable Federal Rates


2003

December
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.68% 1.67% 1.67% 1.66%
Mid-term (>3 yrs <9 yrs) 3.55% 3.52% 3.50% 3.49%
Long-term (>9 yrs) 5.12% 5.06% 5.03% 5.01%
 
November
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.50% 1.49% 1.49% 1.49 %
Mid-term (>3 yrs <9 yrs) 3.32% 3.29% 3.28% 3.27%
Long-term (>9 yrs) 4.99% 4.93% 4.90% 4.88%
 
October
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.68 % 1.67 % 1.67 % 1.66 %
Mid-term (>3 yrs <9 yrs) 3.65% 3.62% 3.60% 3.59%
Long-term (>9 yrs) 5.23% 5.16% 5.13% 5.11%
 
September
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.52 % 1.51 % 1.51 % 1.51 %
Mid-term (>3 yrs <9 yrs) 3.43% 3.40% 3.39% 3.38%
Long-term (>9 yrs) 5.08% 5.02% 4.99% 4.97%
 
August
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.21 % 1.21 % 1.21 % 1.21 %
Mid-term (>3 yrs <9 yrs) 2.70% 2.68% 2.67% 2.67%
Long-term (>9 yrs) 4.36% 4.31% 4.29% 4.27%
 
July
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.23 % 1.23 % 1.23 % 1.23 %
Mid-term (>3 yrs <9 yrs) 2.55% 2.53% 2.52% 2.52%
Long-term (>9 yrs) 4.17% 4.13% 4.11% 4.09%
 
June
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.49 % 1.48 % 1.48 % 1.48 %
Mid-term (>3 yrs <9 yrs) 3.06 % 3.04% 3.03% 3.02%
Long-term (>9 yrs) 4.65% 4.60% 4.57% 4.56%
 
May
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.53 % 1.52 % 1.52 % 1.52 %
Mid-term (>3 yrs <9 yrs) 3.17% 3.15% 3.14% 3.13%
Long-term (>9 yrs) 4.79% 4.73% 4.70% 4.68%
 
April
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.46 % 1.45 % 1.45 % 1.45%
Mid-term (>3 yrs <9 yrs) 2.96% 2.94% 2.93% 2.92%
Long-term (>9 yrs) 4.58% 4.53% 4.50% 4.49%
 
March
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.58 % 1.57 % 1.57 % 1.56 %
Mid-term (>3 yrs <9 yrs) 3.24% 3.21% 3.20% 3.19%
Long-term (>9 yrs) 4.80% 4.74% 4.71% 4.69%
 
February
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.65 % 1.64 % 1.64 % 1.63 %
Mid-term (>3 yrs <9 yrs) 3.27% 3.24% 3.23% 3.22%
Long-term (>9 yrs) 4.85% 4.79% 4.76% 4.74%
 
January
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 1.81 % 1.80 % 1.80 % 1.79 %
Mid-term (>3 yrs <9 yrs) 3.43% 3.40% 3.39% 3.38%
Long-term (>9 yrs) 4.90% 4.84% 4.81% 4.79%