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 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
 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 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.