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Rates

Listed below are the current rates for the low-income housing tax credit industry. For historical information on the interest rates below, please follow any of the links to the left.

Applicable Percentages - November 2008

Applicable Percentages
Applicable Percentage Charts

The 4% rate (30% present value)

3.36%

The 9% rate (70% present value)

7.83%

Effective date: November 4, 2008. Click on the chart to the left to see historical charts of past trends and percentages.

Source: United States Internal Revenue Service

Applicable Federal Rates (AFR) - November 2008

Applicable Federal Rates
AFR Chart

Short-term Monthly AFR

1.61%

Mid-term Monthly AFR

2.93%

Long-term Monthly AFR

4.16%

Effective date: November 4, 2008. Click on the chart to the left to see the previous year's trends.

Source: United States Internal Revenue Service

Other Federal Rates - November 2008

Other Federal Rates
Other Federal Rates Charts

Prime Rate

4.00%

Fannie Mae three month LIBOR

2.86%

Effective date: November 4, 2008. Click on the chart to the left to see the previous year's trends.

Rates are subject to change.