Tax Credit Percentages 2014
| 30% | 70% | |
December | 3.22% | 7.51*% |
| November Rev. Rul. 2014-28 | 3.24% | 7.55*% |
| October Rev. Rul. 2014-26 | 3.23% | 7.54*% |
| September Rev. Rul. 2014-22 | 3.24% | 7.56*% |
| August Rev. Rul. 2014-19 | 3.25% | 7.57*% |
| July Rev. Rul. 2014-20 | 3.24% | 7.56*% |
| June Rev. Rul. 2014-16 | 3.25% | 7.58*% |
| May Rev. Rul. 2014-13 | 3.26% | 7.60*% |
| April Rev. Rul. 2014-12 | 3.25% | 7.59*% |
| March Rev. Rul. 2014-8 | 3.26% | 7.60*% |
| February Rev. Rul. 2014-6 | 3.27% | 7.64*% |
| January Rev. Rul. 2014-1 | 3.26% | 7.60*% |
*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
Source: Novogradac & Company LLP