Applicable Federal Rate (AFR)

Annual

Semi-annual

Quarterly

Monthly

Period for Compounding

Short-Term

AFR

 .19%

 .19%

 .19%

 .19%

110% AFR

 .21%

 .21%

 .21%

 .21%

120% AFR

 .23%

 .23%

 .23%

 .23%

130% AFR

 .25%

 .25%

 .25%

 .25%

AFR

1.12%

1.12%

1.12%

1.12%

110% AFR

1.23%

1.23%

1.23%

1.23%

120% AFR

1.34%

1.34%

1.34%

1.34%

130% AFR

1.47%

1.46%

1.46%

1.46%

150% AFR

1.69%

1.68%

1.68%

1.67%

175% AFR

1.97%

1.96%

1.96%

1.95%

AFR

2.58%

2.56%

2.55%

2.55%

110% AFR

2.84%

2.82%

2.81%

2.80%

120% AFR

3.09%

3.07%

3.06%

3.05%

130% AFR

3.36%

3.33%

3.32%

3.31%

Adjusted AFR for February 2012

Period for Compounding

Annual

Semi-annual

Quarterly

Monthly

Short-term adjusted AFR

 .35%

 .35%

 .35%

 .35%

Mid-term adjusted AFR

1.24%

1.24%

1.24%

1.24%

Long-term adjusted AFR

3.26%

3.23%

3.22%

3.21%

Rates Under Section 382 for February 2012

Adjusted federal long-term rate for the current month

3.26%

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).

3.55%

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

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

7.42%

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

3.18%

Rate Under Section 7520 for February 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

1.4%

* 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%.