Housing Credit Percentages

  • Multifamily Partners:  Residents

Each month, the Internal Revenue Service publishes housing credit percentages that apply to buildings placed in service each month under the Housing Tax Credit program.


Maximum 30% present value credit (PVC) rate

For property acquisition expenditures and federally subsidized new construction or substantial rehabilitation expenditures.

NOTE: 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%.

For more information, see IRS Notice 2008-106, which provides guidance on applying the new 9% floor, or the Housing and Economic Recovery Act of 2008, which set the 9% minimum housing tax credit percentage rate for the 70% credit.


Current Month
30% PVC
December 2018 3.32%
Recent Months
30% PVC
November 2018 3.31%
October 2018 3.29%
September 2018 3.29%
August 2018 3.28%
July 2018 3.29%
June 2018 3.29%
May 2018 3.28%
April 2018 3.28%
March 2018 3.27%
February 2018 3.25%
January 2018 3.24%
December 2017 3.23%