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IRS Releases LIHTC Percentages that Appply to Rental Housing

Friday, December 1, 2000 - 1:30AM

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 October. The appropriate percentage for the 70 percent present value credit is 8.41 percent, down from September’s 8.44 percent. The 30 percent present value credit is 3.60 percent, down from September’s 3.62 percent.

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