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% |
| |
