Applicable Federal Rate (AFR)

Annual

Semi-annual

Quarterly

Monthly

Period for Compounding

Short-Term

AFR

 .75%

 .75%

 .75%

 .75%

110% AFR

 .83%

 .83%

 .83%

 .83%

120% AFR

 .90%

 .90%

 .90%

 .90%

130% AFR

 .98%

 .98%

 .98%

 .98%

AFR

2.66%

2.64%

2.63%

2.63%

110% AFR

2.92%

2.90%

2.89%

2.88%

120% AFR

3.20%

3.17%

3.16%

3.15%

130% AFR

3.46%

3.43%

3.42%

3.41%

150% AFR

4.00%

3.96%

3.94%

3.93%

175% AFR

4.67%

4.62%

4.59%

4.58%

AFR

4.10%

4.06%

4.04%

4.03%

110% AFR

4.52%

4.47%

4.45%

4.43%

120% AFR

4.93%

4.87%

4.84%

4.82%

130% AFR

5.35%

5.28%

5.25%

5.22%

Adjusted AFR for October 2009

Period for Compounding

Annual

Semi-annual

Quarterly

Monthly

Short-term adjusted AFR

 .82%

 .82%

 .82%

 .82%

Mid-term adjusted AFR

2.04%

2.03%

2.02%

2.02%

Long-term adjusted AFR

4.16%

4.12%

4.10%

4.09%

Rates Under Section 382 for October 2009

Adjusted federal long-term rate for the current month

4.16%

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).

4.48%

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

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

7.78%

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

3.33%

Rate Under Section 7520 for October 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 October 30, 2008, and before Dec. 31, 2013, is not to be less than 9%.