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IRS Releases LIHTC Housing Percentages that Apply to Low-Income Rental Housing Buildings Placed in Service in September

Thursday, August 17, 2000 - 2:00AM

The Internal Revenue Service (IRS) has released its low-income housing tax credit percentages that apply to low-income rental housing buildings placed in service in September. The appropriate percentage for the 70 percent present value credit is 8.44 percent, down from August’s 8.47 percent. The 30 percent present value credit is 3.62 percent, down slightly from August’s 3.63 percent.

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