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 – October 2017

The 4% Rate (30% present value) 3.23%
The 9% Rate (70% present value) 7.53%

Effective date: Oct 1, 2017. Click on the link above to see historical charts of past trends and percentages.

Source: United States Internal Revenue Service

Applicable Federal Rates (AFR) – October 2017

Short-Term Monthly AFR 1.38%
Mid-Term Monthly AFR 1.98%
Long-Term Monthly AFR 2.57%

Effective date: October 1, 2017. Click on the link above to see historical charts of past trends and percentages.

Source: United States Internal Revenue Service

Rates are subject to change.

*Under Section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008, and before December 31, 2013, shall not be less than 9%.