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Tax Credit Percentages 2017

 30%70%
December
Rev. Rul. 2017-24
3.23%7.55*%
November
Rev. Rul. 2017-21
3.23%7.53*%
October
Rev. Rul. 2017-20
3.21%7.50*%
September
Rev. Rul. 2017-17
3.22%7.52*%
August
Rev. Rul. 2017-15
3.22%7.52*%
July
Rev. Rul. 2017-14
3.22%7.52*%
June
Rev. Rul. 2017-13
3.23%7.53*%
May
Rev. Rul. 2017-11
3.24%7.55*%
April
Rev. Rul. 2017-08
3.24%7.57*%
March
Rev. Rul. 2017-07
3.24%7.56*%
February
Rev. Rul. 2017-04
3.24%7.56*%
January
Rev. Rul. 2017-02
3.23%

7.54*%

*Note:

Under Section 42(b)(2), the applicable percentage for LIHTC allocations made before Jan. 1, 2015, 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. 5771, the Tax Increase Prevention Act of 2014, 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 - 2014

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