Low-Income Housing Tax Credit:
Applicable Federal Rates
2008
December |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.36% |
1.36% |
1.36% |
1.36% |
| Mid-term (>3 yrs <9 yrs) |
2.85% |
2.83% |
2.82% |
2.81% |
| Long-term (>9 yrs) |
4.45% |
4.40% |
4.38% |
4.36% |
| |
November |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.63% |
1.62% |
1.62% |
1.61% |
| Mid-term (>3 yrs <9 yrs) |
2.97% |
2.95% |
2.94% |
2.93% |
| Long-term (>9 yrs) |
4.24% |
4.20% |
4.18% |
4.16% |
| |
October |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.19% |
2.18 % |
2.17% |
2.17% |
| Mid-term (>3 yrs <9 yrs) |
3.16% |
3.14% |
3.13% |
3.12% |
| Long-term (>9 yrs) |
4.32% |
4.27% |
4.25% |
4.23% |
| |
September |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.38% |
2.37 % |
2.36% |
2.36% |
| Mid-term (>3 yrs <9 yrs) |
3.46% |
3.43% |
3.42% |
3.41% |
| Long-term (>9 yrs) |
4.58% |
4.53% |
4.50% |
4.49% |
| |
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) |
3.55% |
3.52% |
3.50% |
3.49% |
| Long-term (>9 yrs) |
4.58% |
4.53% |
4.50% |
4.49% |
| |
July |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.42% |
2.41 % |
2.40% |
2.40% |
| Mid-term (>3 yrs <9 yrs) |
3.45% |
3.42% |
3.41% |
3.40% |
| Long-term (>9 yrs) |
4.60% |
4.55% |
4.52% |
4.51% |
| |
June |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.08% |
2.07 % |
2.06% |
2.06% |
| Mid-term (>3 yrs <9 yrs) |
3.00% |
3.17% |
3.16% |
3.15% |
| Long-term (>9 yrs) |
4.46% |
4.41% |
4.39% |
4.37% |
| |
May |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.64% |
1.63 % |
1.63% |
1.62% |
| Mid-term (>3 yrs <9 yrs) |
2.74% |
2.72% |
2.71% |
2.70% |
| Long-term (>9 yrs) |
4.21% |
4.17% |
4.15% |
4.13% |
| |
April |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
1.85% |
1.84 % |
1.84% |
1.83% |
| Mid-term (>3 yrs <9 yrs) |
2.87% |
2.85% |
2.84% |
2.83% |
| Long-term (>9 yrs) |
4.40% |
4.35% |
4.33% |
4.31% |
| |
March |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
2.25% |
2.24 % |
2.23% |
2.23% |
| Mid-term (>3 yrs <9 yrs) |
2.97% |
2.95% |
2.94% |
2.93% |
| Long-term (>9 yrs) |
4.27% |
4.23% |
4.21% |
4.19% |
| |
February |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
3.11 % |
3.09 % |
3.08% |
3.07% |
| Mid-term (>3 yrs <9 yrs) |
3.51% |
3.48% |
3.46% |
3.46% |
| Long-term (>9 yrs) |
4.46% |
4.41% |
4.39% |
4.37% |
| |
January |
| Period for Compounding |
Annual |
Semiannual |
Quarterly |
Monthly |
| Short-term (<3 yrs) |
3.18 % |
3.16 % |
3.15% |
3.14% |
| Mid-term (>3 yrs <9 yrs) |
3.58% |
3.55% |
3.53% |
3.52% |
| Long-term (>9 yrs) |
4.46% |
4.41% |
4.39% |
4.37% |
| |
