On February 26, Novogradac updated its Terms of Use and Terms of Sale. You should review these updated Terms before continuing to use our site. By continuing to use our site, you agree to these Terms.
Sign Up Today!
Interest Rates for Tax Credit Recapture
Interest Rates From Jan. 1, 1987 - Dec. 31, 1998
Interest Period | Overpayment Rate |
Jan. 1, 1987—Mar. 31, 1987 | 8% |
Apr. 1, 1987—Jun. 30, 1987 | 8% |
Jul. 1, 1987—Sep. 30, 1987 | 8% |
Oct. 1, 1987—Dec. 31, 1987 | 9% |
Jan. 1, 1988—Mar. 31, 1988 | 10% |
Apr. 1, 1988—Jun. 30, 1988 | 9% |
Jul. 1, 1988—Sep. 30, 1988 | 9% |
Oct. 1, 1988—Dec. 31, 1988 | 10% |
Jan. 1, 1989—Mar. 31, 1989 | 10% |
Apr. 1, 1989—Jun. 30, 1989 | 11% |
Jul. 1, 1989—Sep. 30, 1989 | 11% |
Oct. 1, 1989—Dec. 31, 1989 | 10% |
Jan. 1, 1990—Mar. 31, 1990 | 10% |
Apr. 1, 1990—Jun. 30, 1990 | 10% |
Jul. 1, 1990—Sep. 30, 1990 | 10% |
Oct. 1, 1990—Dec. 31, 1990 | 10% |
Jan. 1, 1991—Mar. 31, 1991 | 10% |
Apr. 1, 1991—Jun. 30, 1991 | 9% |
Jul. 1, 1991—Sep. 30, 1991 | 9% |
Oct. 1, 1991—Dec. 31, 1991 | 9% |
Jan. 1, 1992—Mar. 31, 1992 | 8% |
Apr. 1, 1992—Jun. 30, 1992 | 7% |
Jul. 1, 1992—Sep. 30, 1992 | 7% |
Oct. 1, 1992—Dec. 31, 1992 | 6% |
Jan. 1, 1993—Mar. 31, 1993 | 6% |
Apr. 1, 1993—Jun. 30, 1993 | 6% |
Jul. 1, 1993—Sep. 30, 1993 | 6% |
Oct. 1, 1993—Dec. 31, 1993 | 6% |
Jan. 1, 1994—Mar. 31, 1994 | 6% |
Apr. 1, 1994—Jun. 30, 1994 | 6% |
Jul. 1, 1994—Sep. 30, 1994 | 7% |
Oct. 1, 1994—Dec. 31, 1994 | 8% |
Jan. 1, 1995—Mar. 31, 1995 | 8% |
Apr. 1, 1995—Jun. 30, 1995 | 9% |
Jul. 1, 1995—Sep. 30, 1995 | 8% |
Oct. 1, 1995—Dec. 31, 1995 | 8% |
Jan. 1, 1996—Mar. 31, 1996 | 8% |
Apr. 1, 1996—Jun. 30, 1996 | 7% |
Jul. 1, 1996—Sep. 30, 1996 | 8% |
Oct. 1, 1996—Dec. 31, 1996 | 8% |
Jan. 1, 1997—Mar. 31, 1997 | 8% |
Apr. 1, 1997—Jun. 30, 1997 | 8% |
Jul. 1, 1997—Sep. 30, 1997 | 8% |
Oct. 1, 1997—Dec. 31, 1997 | 8% |
Jan. 1, 1998—Mar. 31, 1998 | 8% |
Apr. 1, 1998—Jun. 30, 1998 | 7% |
Jul. 1, 1998—Sep. 30, 1998 | 7% |
Oct. 1, 1998—Dec. 31, 1998 | 7% |
Corporate and Non-Corporate Interest Rates From Jan. 1, 1999 to Present
Interest Period | Corporate Overpayment Rate | Non-Corporate Overpayment Rate |
Jan. 1, 1999—Mar. 31, 1999 | 6% | 7% |
Apr. 1, 1999—Jun. 30, 1999 | 7% | 8% |
Jul. 1, 1999—Sep. 30, 1999 | 7% | 8% |
Oct. 1, 1999—Dec. 31, 1999 | 7% | 8% |
Jan. 1, 2000—Mar. 31, 2000 | 7% | 8% |
Apr. 1, 2000—Jun. 30, 2000 | 8% | 9% |
Jul. 1, 2000—Sep. 30, 2000 | 8% | 9% |
Oct. 1, 2000—Dec. 31, 2000 | 8% | 9% |
Jan. 1, 2001—Mar. 31, 2001 | 8% | 9% |
Apr. 1, 2001—Jun. 30, 2001 | 7% | 8% |
Jul. 1, 2001—Sep. 30, 2001 | 6% | 7% |
Oct. 1, 2001—Dec. 31, 2001 | 6% | 7% |
Jan. 1, 2002—Mar. 31, 2002 | 5% | 6% |
Apr. 1, 2002—Jun. 30, 2002 | 5% | 6% |
Jul. 1, 2002—Sep. 30, 2002 | 5% | 6% |
Oct. 1, 2002—Dec. 31, 2002 | 5% | 6% |
Jan. 1, 2003—Mar. 31, 2003 | 4% | 5% |
Apr. 1, 2003—Jun. 30, 2003 | 4% | 5% |
Jul. 1, 2003—Sep. 30, 2003 | 4% | 5% |
Oct. 1, 2003—Dec. 31, 2003 | 3% | 4% |
Jan. 1, 2004—Mar. 31, 2004 | 3% | 4% |
Apr. 1, 2004—Jun. 30, 2004 | 4% | 5% |
Jul. 1, 2004—Sep. 30, 2004 | 3% | 4% |
Oct. 1, 2004—Dec. 31, 2004 | 4% | 5% |
Jan. 1, 2005—Mar. 31, 2005 | 4% | 5% |
Apr. 1, 2005—Jun. 30, 2005 | 5% | 6% |
Jul. 1, 2005—Sep. 30, 2005 | 5% | 6% |
Oct. 1, 2005—Dec. 31, 2005 | 6% | 7% |
Jan. 1, 2006—Mar. 31, 2006 | 6% | 7% |
Apr. 1, 2006—Jun. 30, 2006 | 6% | 7% |
Jul. 1, 2006—Sep. 30, 2006 | 7% | 8% |
Oct. 1, 2006—Dec. 31, 2006 | 7% | 8% |
Jan. 1, 2007—Mar. 31, 2007 | 7% | 8% |
Apr. 1, 2007—Jun. 30, 2007 | 7% | 8% |
Jul. 1, 2007—Sep. 30, 2007 | 7% | 8% |
Oct. 1, 2007—Dec. 31, 2007 | 7% | 8% |
Jan. 1, 2008—Mar. 31, 2008 | 6% | 7% |
Apr. 1, 2008—Jun. 31, 2008 | 5% | 6% |
Jul. 1, 2008Sep. 30, 2008 | 4% | 5% |
Oct. 1, 2008—Dec. 31, 2008 | 5% | 6% |
Jan. 1, 2009 —Mar. 31, 2009 | 4% | 5% |
Apr. 1, 2009—Jun. 30, 2009 | 3% | 4% |
Jul. 1, 2009—Sep. 30, 2009 | 3% | 4% |
Oct. 1, 2009—Dec. 31, 2009 | 3% | 4% |
Jan. 1, 2010—Mar. 31, 2010 | 3% | 4% |
Apr. 1, 2010—Jun. 30, 2010 | 3% | 4% |
Jul. 1, 2010—Sep. 30, 2010 | 3% | 4% |
Oct. 1, 2010—Dec. 31, 2010 | 3% | 4% |
Jan. 1, 2011—Mar. 31, 2011 | 2% | 3% |
Apr. 1, 2011—Jun. 30, 2011 | 3% | 4% |
Jul. 1, 2011—Sep. 30, 2011 | 3% | 4% |
Oct. 1, 2011—Dec. 31, 2011 | 2% | 3% |
Jan. 1, 2012—Mar. 31, 2012 | 2% | 3% |
Apr. 1, 2012—Jun. 30, 2012 | 2% | 3% |
Jul. 1, 2012—Sep. 30, 2012 | 2% | 3% |
Oct. 1, 2012—Dec. 31, 2012 | 2% | 3% |
Jan. 1, 2013—Mar. 30, 2013 | 2% | 3% |
Apr. 1, 2013—Jun. 30, 2013 | 2% | 3% |
Jul. 1, 2013—Sep. 30, 2013 | 2% | 3% |
Oct. 1, 2013—Dec. 31, 2013 | 2% | 3% |
Jan. 1, 2014—Mar. 31, 2014 | 2% | 3% |
Apr. 1, 2014—Jun. 30, 2014 | 2% | 3% |
Jul. 1, 2014—Sep. 30, 2014 | 2% | 3% |
Oct. 1, 2014—Dec. 31, 2014 | 2% | 3% |
Jan. 1, 2015—Mar. 31, 2015 | 2% | 3% |
Apr. 1, 2015—Jun. 30, 2015 | 2% | 3% |
Jul. 1, 2015—Sep. 30, 2015 | 2% | 3% |
Oct. 1, 2015—Dec. 31, 2015 | 2% | 3% |
Jan. 1, 2016—Mar. 31, 2016 | 2% | 3% |
Apr. 1, 2016—Jun. 30, 2016 | 3% | 4% |
Jul. 1, 2016—Sep. 30, 2016 | 3% | 4% |
Oct. 1, 2016—Dec. 31, 2016 | 3% | 4% |
Jan. 1, 2017—Mar. 31, 2017 | 3% | 4% |
Apr. 1, 2017—Jun. 30, 2017 | 3% | 4% |
Jul. 1, 2017—Sep. 30, 2017 | 3% | 4% |
Jan. 1, 2018—Mar. 31, 2018 | 3% | 4% |
Apr. 1, 2018—Jun. 30, 2018 | 4% | 5% |
Jul. 1, 2018—Sep. 30, 2018 | 4% | 5% |
Oct. 1, 2018—Dec. 31, 2018 | 4% | 5% |
Jan. 1, 2019—Mar. 31, 2019 | 5% | 6% |
Apr. 1, 2019—Jun. 30, 2019 | 5% | 6% |
Jul. 1, 2019—Sep. 30, 2019 | 4% | 5% |
Oct. 1, 2019—Dec. 31, 2019 | 4% | 5% |
Jan. 1, 2020—Mar. 31, 2020 | 4% | 5% |
Apr. 1, 2020—Jun. 30, 2020 | 4% | 5% |
Jul. 1, 2020—Sep. 30, 2020 | 2% | 3% |
Oct. 1, 2020—Dec. 31, 2020 | 2% | 3% |
Jan. 1, 2021—Mar. 31, 2021 | 2% | 3% |
Apr. 1, 2021—Jun. 30, 2021 | 2% | 3% |
- 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
- Legislation and Court Rulings
- Research and Resources
- Related Programs
- Working Group
Events Calendar
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
|
|
|
|
|
1 |
2 |
3 |
|
4 |
5 |
6 |
7 |
8
|
9 |
10 |
|
11 |
12 |
13
|
14
|
15 |
16 |
17 |
|
18 |
19 |
20 |
21 |
22
|
23
|
24 |
|
25 |
26 |
27 |
28 |
29
|
30
|
|