Tax Credit Percentages 2013

 30%70%
December
Rev. Rul. 2013- 26
3.25%7.57*%
November
Rev. Rul. 2013- 22
3.25%7.59*%
October
Rev. Rul. 2013- 21
3.27%7.63*%
September
Rev. Rul. 2013- 18
3.24%7.57*%
August
Rev. Rul. 2013- 13
3.24%7.55*%
July
Rev. Rul. 2013-15
3.20%7.46*%
June
Rev. Rul. 2013-12
3.17%7.39*%
May
Rev. Rul. 2013-11
3.18%7.41*%
April
Rev. Rul. 2013-9
3.19%7.43*%
March
Rev. Rul. 2013-7
3.18%7.43*%
February
Rev. Rul. 2013-3
3.17%7.40*%
January
Rev. Rul. 2013-1
3.16%7.36*%

*Note:

Under Section 42(b)(2), the applicable percentage for LIHTC allocations made after July 29, 2008, shall not be less than 9%. As extended by H.R. 8, the American Taxpayer Relief Act, this fixed rate applies only to allocations, it does not apply to forward commitments. For more information see IRS Notice 2008-106, which provides guidance on applying the 9% floor, the Housing and Economic Recovery Act of 2008, which set the 9% minimum tax credit percentage rate for the 70% credit, or H.R. 8, the American Taxpayer Relief Act of 2012, which amended and extended the provision. The Protecting Americans from Tax Hikes Act of 2015 permanently extended the minimum low-income housing tax credit rate for non-federally subsidized buildings. 

 

Historical Low-Income Housing Tax Credit Percentages 1988 - 2011

novogradac-historical-tax-credit-percentages-70-2011_0.jpg

 

novogradac-historical-tax-credit-percentages-30-2011_0.jpg

Source: Novogradac & Company LLP