Low-Income Housing Tax Credit:

Facts & Figures

Applicable Federal Rates

July
Period for Compounding	Annual	Semiannual	Quarterly	Monthly
Short-term (<3 yrs)	.82%	.82 %	.82%	.82%
Mid-term (>3 yrs <9 yrs)	2.76%	2.74%	2.73%	2.72%
Long-term (>9 yrs)	4.36%	4.31%	4.29%	4.27%

 

Tax Credit Percentages

	30%	70%
July Rev. Rul. 2009-20	3.35%	7.82*%

*Note:

Under Section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008, and before December 31, 2013, shall not be less than 9%. For more information see IRS Notice 2008-106, which provides guidance on applying the new 9% floor, or the Housing and Economic Recovery Act of 2008, which set the 9% minimum tax credit percentage rate for the 70% credit.

 

LIHTC Pricing Trends
July 2006 - March 2009