2021 Applicable Federal Rates
December
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.33% | 0.33% | 0.33% | 0.33% |
| Mid-term (>3 yrs <9 yrs) | 1.26% | 1.26% | 1.26% | 1.26% |
| Long-term (>9 yrs) | 1.90% | 1.89% | 1.89% | 1.88% |
November
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.22% | 0.22% | 0.22% | 0.22% |
| Mid-term (>3 yrs <9 yrs) | 1.08% | 1.08% | 1.08% | 1.08% |
| Long-term (>9 yrs) | 1.86% | 1.85% | 1.85% | 1.84% |
October
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.18% | 0.18% | 0.18% | 0.18% |
| Mid-term (>3 yrs <9 yrs) | 0.91% | 0.91% | 0.91% | 0.91% |
| Long-term (>9 yrs) | 1.74% | 1.73% | 1.73% | 1.72% |
September
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.17% | 0.17% | 0.17% | 0.17% |
| Mid-term (>3 yrs <9 yrs) | 0.86% | 0.86% | 0.86% | 0.86% |
| Long-term (>9 yrs) | 1.73% | 1.72% | 1.72% | 1.71% |
August
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.19% | 0.19% | 0.19% | 0.19% |
| Mid-term (>3 yrs <9 yrs) | 1.00% | 1.00% | 1.00% | 1.00% |
| Long-term (>9 yrs) | 1.89% | 1.88% | 1.88% | 1.87% |
July
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.12% | 0.12% | 0.12% | 0.12% |
| Mid-term (>3 yrs <9 yrs) | 1.00% | 1.00% | 1.00% | 1.00% |
| Long-term (>9 yrs) | 2.07% | 2.06% | 2.05% | 2.05% |
June
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.13% | 0.13% | 0.13% | 0.13% |
| Mid-term (>3 yrs <9 yrs) | 1.02% | 1.02% | 1.02% | 1.02% |
| Long-term (>9 yrs) | 2.08% | 2.07% | 2.06% | 2.06% |
May
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.13% | 0.13% | 0.13% | 0.13% |
| Mid-term (>3 yrs <9 yrs) | 1.07% | 1.07% | 1.07% | 1.07% |
| Long-term (>9 yrs) | 2.16% | 2.15% | 2.14% | 2.14% |
April
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.12% | 0.12% | 0.12% | 0.12% |
| Mid-term (>3 yrs <9 yrs) | 0.89% | 0.89% | 0.89% | 0.89% |
| Long-term (>9 yrs) | 1.98% | 1.97% | 1.97% | 1.96% |
March
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.11% | 0.11% | 0.11% | 0.11% |
| Mid-term (>3 yrs <9 yrs) | 0.62% | 0.62% | 0.62% | 0.62% |
| Long-term (>9 yrs) | 1.62% | 1.61% | 1.61% | 1.60% |
February
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.12% | 0.12% | 0.12% | 0.12% |
| Mid-term (>3 yrs <9 yrs) | 0.56% | 0.56% | 0.56% | 0.56% |
| Long-term (>9 yrs) | 1.46% | 1.45% | 1.45% | 1.45% |
January
Period for Compounding | Annual | Semiannual | Quarterly | Monthly |
| Short-term (<3 yrs) | 0.14% | 0.14% | 0.14% | 0.14% |
| Mid-term (>3 yrs <9 yrs) | 0.52% | 0.52% | 0.52% | 0.52% |
| Long-term (>9 yrs) | 1.35% | 1.35% | 1.35% | 1.35% |
- News
- LIHTC Basics
- Application and Allocation
- Bonds
- Guidance
- Compliance
- Data and Tools
- Fair Market Rents
- Income Limits
- Novogradac Rent & Income Limit Calculator ©
- Novogradac Rent and Income Limit Estimator ©
- LIHTC Mapping Tool
- QCTs and DDAs
- Novogradac DDA and QCT Mapping Tool
- LIHTC Equity Pricing Trends
- Applicable Federal Rates
- Tax Credit Percentages
- Monthly Bond Factor Amounts
- Utility Allowances
- Interest Rates for Tax Credit Recapture
- Annual LIHTC Utilization Charts
- GSE Reform
- HUD AMGI
- Legislation and Court Rulings
- Research and Resources
- Related Programs
- LIHTC Working Group
- Income Limits Working Group
Notes from Novogradac
Wednesday, January 19, 2022
Wednesday, January 19, 2022
Tuesday, January 18, 2022
Podcast Episodes
Posted on January 18, 2022
Posted on January 11, 2022
Posted on December 21, 2021