Applicable Federal Rate (AFR)

Annual

Semi-annual

Quarterly

Monthly

Period for Compounding

Short-Term

AFR

 .71%

 .71%

 .71%

 .71%

110% AFR

 .78%

 .78%

 .78%

 .78%

120% AFR

 .85%

 .85%

 .85%

 .85%

130% AFR

 .92%

 .92%

 .92%

 .92%

AFR

2.59%

2.57%

2.56%

2.56%

110% AFR

2.85%

2.83%

2.82%

2.81%

120% AFR

3.10%

3.08%

3.07%

3.06%

130% AFR

3.37%

3.34%

3.33%

3.32%

150% AFR

3.90%

3.86%

3.84%

3.83%

175% AFR

4.55%

4.50%

4.47%

4.46%

AFR

4.01%

3.97%

3.95%

3.94%

110% AFR

4.42%

4.37%

4.35%

4.33%

120% AFR

4.82%

4.76%

4.73%

4.71%

130% AFR

5.23%

5.16%

5.13%

5.11%

Adjusted AFR for November 2009

Period for Compounding

Annual

Semi-annual

Quarterly

Monthly

Short-term adjusted AFR

 .80%

 .80%

 .80%

 .80%

Mid-term adjusted AFR

1.89%

1.88%

1.88%

1.87%

Long-term adjusted AFR

3.92%

3.88%

3.86%

3.85%

Rates Under Section 382 for November 2009

Adjusted federal long-term rate for the current month

3.92%

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).

4.33%

Appropriate Percentages Under Section 42(b)(1)* for November 2009

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

7.76%

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

3.33%

Rate Under Section 7520 for November 2009

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

3.2%

* 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%.