Applicable Federal Rate (AFR)

Annual

Semi-annual

Quarterly

Monthly

Period for Compounding

Short-Term

AFR

 .24%

 .24%

 .24%

 .24%

110% AFR

 .26%

 .26%

 .26%

 .26%

120% AFR

 .29%

 .29%

 .29%

 .29%

130% AFR

 .31%

 .31%

 .31%

 .31%

AFR

 .95%

 .95%

 .95%

 .95%

110% AFR

1.05%

1.05%

1.05%

1.05%

120% AFR

1.14%

1.14%

1.14%

1.14%

130% AFR

1.24%

1.24%

1.24%

1.24%

150% AFR

1.44%

1.43%

1.43%

1.43%

175% AFR

1.67%

1.66%

1.66%

1.65%

AFR

2.40%

2.39%

2.38%

2.38%

110% AFR

2.65%

2.63%

2.62%

2.62%

120% AFR

2.89%

2.87%

2.86%

2.85%

130% AFR

3.13%

3.11%

3.10%

3.09%

Adjusted AFR for December 2012

Period for Compounding

Annual

Semi-annual

Quarterly

Monthly

Short-term adjusted AFR

 .27%

 .27%

 .27%

 .27%

Mid-term adjusted AFR

 .95%

 .95%

 .95%

 .95%

Long-term adjusted AFR

2.83%

2.81%

2.80%

2.79%

Rates Under Section 382 for December 2012

Adjusted federal long-term rate for the current month

2.83%

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).

2.87%

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

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

7.38%

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

3.16%

Rate Under Section 7520 for December 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

1.2%

Rates Under Sections 846 and 807

Applicable rate of interest for 2013 for purposes of sections 846 and 807

2.16%

* 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%.