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IRS Releases LIHTC Percentages

Friday, December 1, 2000 - 1:00AM

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 November. The appropriate percentage for the 70 percent present value credit is 8.42 percent, up slightly from October’s 8.41 percent. The 30 percent present value credit is 3.61 percent, up from October’s 3.60 percent.

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