NAHMA LIHTC Update: Low-Income Housing Tax Credit Rates for April, 2018

April 4 2018 | News
The Internal Revenue Service (IRS) recently issued Revenue Ruling 2018-09, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted long-term and tax-exempt rates for April, 2018.

As provided in the ruling, Table 4 contains LIHTC Appropriate Percentages Under Section 42(b)(1) for April, 2018:

Note: Under section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008, shall not be less than 9%.
To view the revenue ruling from the IRS, please click here.

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