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
May 2017 3.24%
Recent Months
30% PVC
April 2017 3.24%
March 2017 3.24%
February 2017 3.24%
January 2017 3.23%
December 2016 3.18%
November 2016 3.17%
October 2016 3.16%
September 2016 3.15%
August 2016 3.15%
July 2016 3.18%
June 2016 3.18%
May 2016 3.18%