Low-Income Housing Tax Credit:
Applicable Federal Rates
2004
December |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.48% |
2.46% |
2.45% |
2.45% |
| Mid-term (>3 yrs <9 yrs) |
3.56% |
3.53% |
3.51% |
3.50% |
| Long-term (>9 yrs) |
4.68% |
4.63% |
4.60% |
4.59% |
| |
November |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.37% |
2.36% |
2.35% |
2.35% |
| Mid-term (>3 yrs <9 yrs) |
3.55% |
3.52% |
3.50% |
3.49% |
| Long-term (>9 yrs) |
4.70% |
4.65% |
4.62% |
4.61% |
| |
October |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.26% |
2.25% |
2.24% |
2.24% |
| Mid-term (>3 yrs <9 yrs) |
2.26% |
3.59% |
3.57% |
3.56% |
| Long-term (>9 yrs) |
4.84% |
4.78% |
4.75% |
4.73% |
| |
September |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.34% |
2.33% |
2.32% |
2.32% |
| Mid-term (>3 yrs <9 yrs) |
3.84% |
3.80% |
3.78% |
3.77% |
| Long-term (>9 yrs) |
5.03% |
4.97% |
4.94% |
4.92% |
| |
August |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.37 % |
2.36 % |
2.35 % |
2.35 % |
| Mid-term (>3 yrs <9 yrs) |
4.00% |
3.96% |
3.94% |
3.93% |
| Long-term (>9 yrs) |
5.21% |
5.14% |
5.11% |
5.09% |
| |
July |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.26 % |
2.25 % |
2.24 % |
2.24 % |
| Mid-term (>3 yrs <9 yrs) |
4.11% |
4.07% |
4.05% |
4.04% |
| Long-term (>9 yrs) |
5.34% |
5.27% |
5.24% |
5.21% |
| |
June |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.98 % |
1.97 % |
1.97 % |
1.96 % |
| Mid-term (>3 yrs <9 yrs) |
3.89 % |
3.85% |
3.83% |
3.82% |
| Long-term (>9 yrs) |
5.20% |
5.13% |
5.10% |
5.08% |
| |
May |
| 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) |
3.16% |
3.14% |
3.13% |
3.12% |
| Long-term (>9 yrs) |
4.65% |
4.60% |
4.57% |
4.56% |
| |
April |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.47 % |
1.46 % |
1.46 % |
1.46 % |
| Mid-term (>3 yrs <9 yrs) |
3.15% |
3.13% |
3.12% |
3.11% |
| Long-term (>9 yrs) |
4.56% |
4.61% |
4.58% |
4.57% |
| |
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) |
3.34% |
3.31% |
3.30% |
3.29% |
| Long-term (>9 yrs) |
4.84% |
4.78% |
4.75% |
4.73% |
| |
February |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.62 % |
1.61 % |
1.61 % |
1.60 % |
| Mid-term (>3 yrs <9 yrs) |
3.44% |
3.41% |
3.40% |
3.39% |
| Long-term (>9 yrs) |
4.94% |
4.88% |
4.85% |
4.83% |
| |
January |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.71 % |
1.70 % |
1.70 % |
1.69 % |
| Mid-term (>3 yrs <9 yrs) |
3.52% |
3.49% |
3.47% |
3.46% |
| Long-term (>9 yrs) |
5.01% |
4.95% |
4.92% |
4.90% |
| |
