Applicable Federal Rate (AFR)

Annual

Semi-annual

Quarterly

Monthly

Period for Compounding

Short-Term

AFR

 .23%

 .23%

 .23%

 .23%

110% AFR

 .25%

 .25%

 .25%

 .25%

120% AFR

 .28%

 .28%

 .28%

 .28%

130% AFR

 .30%

 .30%

 .30%

 .30%

AFR

 .93%

 .93%

 .93%

 .93%

110% AFR

1.02%

1.02%

1.02%

1.02%

120% AFR

1.12%

1.12%

1.12%

1.12%

130% AFR

1.21%

1.21%

1.21%

1.21%

150% AFR

1.40%

1.40%

1.40%

1.40%

175% AFR

1.64%

1.63%

1.63%

1.62%

AFR

2.36%

2.35%

2.34%

2.34%

110% AFR

2.61%

2.59%

2.58%

2.58%

120% AFR

2.84%

2.82%

2.81%

2.80%

130% AFR

3.08%

3.06%

3.05%

3.04%

Adjusted AFR for October 2012

Period for Compounding

Annual

Semi-annual

Quarterly

Monthly

Short-term adjusted AFR

 .23%

 .23%

 .23%

 .23%

Mid-term adjusted AFR

1.04%

1.04%

1.04%

1.04%

Long-term adjusted AFR

2.87%

2.85%

2.84%

2.83%

Rates Under Section 382 for October 2012

Adjusted federal long-term rate for the current month

2.87%

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).

3.01%

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

* 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%.