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 - September 2008
 Applicable Percentage Charts
|
The 4% rate (30% present value) |
3.40% |
The 9% rate (70% present value) |
7.93% |
Effective date: September 11, 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) - September 2008
 AFR Chart
|
Short-term Annual AFR |
2.38% |
Mid-term Annual AFR |
3.46% |
Long-term Annual AFR |
4.58% |
Effective date: September 11, 2008. Click on the chart to the left to see the previous year's trends.
Source: United States Internal Revenue Service |
Other Federal Rates - September 2008
 Other Federal Rates Charts
|
Prime Rate |
5.00% |
Fannie Mae three month LIBOR |
2.81% |
Effective date: September 11, 2008. Click on the chart to the left to see the previous year's trends. |
Rates are subject to change.