Tax Credit Percentages 2015
| 30% | 70% |
December | 3.21% | 7.49*% |
November | 3.20% | 7.48*% |
October | 3.21% | 7.49*% |
September | 3.22% | 7.51*% |
August | 3.23% | 7.53*% |
July | 3.22% | 7.52*% |
June | 3.20% | 7.47*% |
May | 3.19% | 7.44*% |
April | 3.21% | 7.48*% |
March | 3.18% | 7.42*% |
February | 3.20% | 7.47*% |
January | 3.22% | 7.51*% |
*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
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