4% LIHTC/Tax Exempt Bond Round Three

4% LIHTC/Tax Exempt Bond Round Three

Current rates

Program
Name
Conventional
Loan Rate
Government
Loan Rate
Military Home N/A 5.625%*
First Home Targeted 6.125%* 5.625%*
First Home 6.375%* 5.875%*
Homebuyer Assistance (HBA) 6.625%* - 1st loan
1.000%* - 2nd loan
6.125%* - 1st loan
1.000%* - 2nd loan
Welcome Home+ 7.000%* 6.500%*
Welcome Home Assistance (WHA)+ 7.250%* - 1st loan
1.000%* - 2nd loan
6.750%* - 1st loan
1.000%* - 2nd loan
Build Home++ Varies* Varies*
Refinance Home 7.750%* 7.250%*

Rates Page

Last changed 07/21/2026 at 9:00 a.m
*This is not an advertisement for credit as defined in Reg.Z; contact a participating NIFA lender for Annual Percentage Rate (APR) information. Rates are subject to change without prior notice. 

+An origination fee up to 0.50% of the loan amount may be charged by Lender.

++ Interest rate based on program eligibility. See program details.

Investor Residential Developer/Property Manager Home / About Community Development

Jul 25, 2021

4% LIHTC/Tax Exempt Bond Round Three

Due to strong demand for the Private Activity Volume Cap, which has significantly depleted availability, NIFA will not hold a third round of the 4% LIHTC/Tax Exempt Bond cycle. Rather, in an effort to accelerate the 2022 4% LIHTC/Tax Exempt bond cycle, NIFA will endeavor to begin the first round of the 2022 cycle in late 2021.

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