Low-Income Housing Tax Credit:

Applicable Federal Rates


2007

December
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 3.88% 3.84% 3.82% 3.81%
Mid-term (>3 yrs <9 yrs) 4.13% 4.09% 4.07% 4.06%
Long-term (>9 yrs) 4.72% 4.67% 4.64% 4.63%
 

 

November
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.11% 4.07% 4.05% 4.04%
Mid-term (>3 yrs <9 yrs) 4.39% 4.40% 4.32% 4.30%
Long-term (>9 yrs) 4.89% 4.83% 4.80% 4.78%
 

 

October
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.19% 4.15% 4.13% 4.11%
Mid-term (>3 yrs <9 yrs) 4.35% 4.30% 4.28% 4.26%
Long-term (>9 yrs) 4.88% 4.82% 4.79% 4.77%
 

 

September
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.82% 4.76% 4.73% 4.71%
Mid-term (>3 yrs <9 yrs) 4.79% 4.73% 4.70% 4.68%
Long-term (>9 yrs) 5.09% 5.03% 5.00% 4.98%
 

 

August
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 5.00% 4.94% 4.91% 4.89%
Mid-term (>3 yrs <9 yrs) 5.09% 5.03% 5.00% 4.98%
Long-term (>9 yrs) 5.31% 5.24% 5.21% 5.18%
 

 

July
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.97% 4.91% 4.88% 4.86%
Mid-term (>3 yrs <9 yrs) 4.95% 4.89% 4.86% 4.84%
Long-term (>9 yrs) 5.15% 5.09% 5.06% 5.04%
 

 

June
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.84% 4.78% 4.75% 4.73%
Mid-term (>3 yrs <9 yrs) 4.64% 4.59% 4.56% 4.55%
Long-term (>9 yrs) 4.91% 4.85% 4.82% 4.80%
 

 

May
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.85% 4.79% 4.76% 4.74%
Mid-term (>3 yrs <9 yrs) 4.62% 4.57% 4.54% 4.53%
Long-term (>9 yrs) 4.90% 4.84% 4.81% 4.79%
 

 

April
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.90% 4.84% 4.81% 4.79%
Mid-term (>3 yrs <9 yrs) 4.61% 4.56% 4.53% 4.52%
Long-term (>9 yrs) 4.81% 4.75% 4.72% 4.70%
 

 

March
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 5.06% 5.00% 4.97% 4.95%
Mid-term (>3 yrs <9 yrs) 4.86% 4.80% 4.77% 4.75%
Long-term (>9 yrs) 5.01% 4.95% 4.92% 4.90%
 

 

February
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.93 % 4.87% 4.84% 4.82%
Mid-term (>3 yrs <9 yrs) 4.69% 4.64% 4.61% 4.60%
Long-term (>9 yrs) 4.86% 4.80% 4.77% 4.75%
 

 

January
Period for Compounding Annual Semiannual Quarterly Monthly
Short-term (<3 yrs) 4.88 % 4.82 % 4.79% 4.77%
Mid-term (>3 yrs <9 yrs) 4.58% 4.53% 4.50% 4.49%
Long-term (>9 yrs) 4.73% 4.68% 4.65% 4.64%