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 |
3.35% | 7.82*% |
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
