Applicable Federal Rate (AFR)

Annual

Semi-annual

Quarterly

Monthly

Period for Compounding

Short-Term

AFR

 .25%

 .25%

 .25%

 .25%

110% AFR

 .28%

 .28%

 .28%

 .28%

120% AFR

 .30%

 .30%

 .30%

 .30%

130% AFR

 .33%

 .33%

 .33%

 .33%

AFR

 .88%

 .88%

 .88%

 .88%

110% AFR

 .97%

 .97%

 .97%

 .97%

120% AFR

1.06%

1.06%

1.06%

1.06%

130% AFR

1.14%

1.14%

1.14%

1.14%

150% AFR

1.32%

1.32%

1.32%

1.32%

175% AFR

1.55%

1.54%

1.54%

1.54%

AFR

2.23%

2.22%

2.21%

2.21%

110% AFR

2.45%

2.44%

2.43%

2.43%

120% AFR

2.68%

2.66%

2.65%

2.65%

130% AFR

2.91%

2.89%

2.88%

2.87%

Adjusted AFR for August 2012

Period for Compounding

Annual

Semi-annual

Quarterly

Monthly

Short-term adjusted AFR

 .25%

 .25%

 .25%

 .25%

Mid-term adjusted AFR

1.07%

1.07%

1.07%

1.07%

Long-term adjusted AFR

3.01%

2.99%

2.98%

2.97%

Rates Under Section 382 for August 2012

Adjusted federal long-term rate for the current month

3.01%

Long-term tax-exempt rate for ownership changes during the current month (the highest of the adjusted federal long-term rates for the current month and the prior two months).

3.06%

Appropriate Percentages Under Section 42(b)(1)* for August 2012

Appropriate Percentage for the 70% present value low-income housing credit

7.36%

Appropriate Percentage for the 30% present value low-income housing credit

3.15%

Rate Under Section 7520 for August 2012

Applicable federal rate for determining the present value of an annuity, an interest for life or a term of years, or a remainder or reversionary interest

1.0%

* Note: Under Code Sec. 42(b)(2), the applicable percentage for non-federally subsidized new buildings place in service after July 30, 2008, and before Dec. 31, 2013, is not to be less than 9%.