File: 
HC_Bulletin_Nov_2011.pdf
File: 
rr-11-25.pdf

Summary

  • The Internal Revenue Service has released Revenue Ruling 2011-25, which establishes the applicable Housing Credit percentages under Section 42(b)(2) for November 2011. 

     
    Note: Under Section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008, and before December 31, 2013, shall not be less than 9%.

    The November 2011 Housing Credit percentages are as follows:
    7.44% for the 70% Present Value Credit
    3.19% for the 30% Present Value Credit