Novogradac & Company Llp

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an update from last week's opportunity zones conference that Novogradac hosted in Denver. He will summarize what's next for the opportunity zones community including what the next steps may be for the Treasury Department. He will also share highlights and key takeaways from last week's release by HUD of the 2019 income limits and what those new limits might mean for your low-income housing tax credit property.

In this Special Opportunity Zones Edition of the Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, highlights key points from Treasury's second tranche of opportunity zones guidance. Categories include operating businesses, investors, fund operations, real estate and open items.

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares some news about disaster tax relief legislation [3:03] and new markets tax credit permanence legislation [4:21]. Next, he talks about how the Department of Education is planning to spur investments in charter schools in conjunction with opportunity zones [5:26]. He also has an update on the status of tax extenders in Congress [6:29] and a new energy storage investment tax credit bill [7:18]. Then, he briefly shares some IRS plans to issue guidance on the low-income housing tax credit, historic tax credit and new markets tax credit. He also provides an update on the amount of qualified equity investment issuance that has been finalized through the new markets tax credit. After that, he talks about state incentives to drive opportunity zones and historic tax credit investments [8:07].'

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about confirmation of the new FHFA Director Mark Calabria and allocations to the Housing Trust Fund and Capital Magnet Fund [2:27]. He also recaps the first meeting of the White House Opportunity and Revitalization Council and how federal agencies are aligning initiatives with opportunity zones [4:46]. After that, he will discuss the Disaster Opportunity Zones Act, a bill that aims to spur disaster recovery through opportunity fund investments [8:26]. Then, he will share an IRS Revenue Procedure 2019-17, which clarifies a major question about bond-financed housing for special populations [10:59]. Then he briefly shares some news the Housing the Homeless Students Act of 2019 to allow formerly homeless students to live in low-income housing tax credit and HUD Section 202 funded housing. He also talks about congressional support for extending renewable energy tax credits. He closes with state legislative news from West Virginia, Ohio an

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses the timing of the release of the 2019 income limits for tax credit and bond financed housing [1:46], a Trump administration memo calling for housing finance reform [2:37], a summary of key congressional hearings [5:38] and forthcoming legislation on opportunity zones reporting requirements [7:46]. He also shares, brief news on new markets tax credit extender legislation cosponsors, an updated FAQs document on new markets credit compliance, federal opportunity zones and homelessness prevention bills and some state bills designed to increase private investment in community development [12:51].'

Special Edition of the Tax Credit Tuesday Podcast

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares news on House and Senate hearings on disaster recovery [2:09], tax reform and housing finance reform. He also has an update on the status of the nomination of Mark Calabria as the next Federal Housing Finance Agency director [4:36]. He talks about when Congress may consider tax extender and disaster relief legislation [5:40]. Then, he highlights certain key issues he's hoping will be addressed in opportunity zones guidance that could help increase investment in underserved areas [7:11]. After that, he has some brief news relating to veteran housing and private activity bonds, low-income housing tax credit and private activity bond allocations for 2019 and HUD inspections. He closes with some state efforts to increase community development and historic preservation investments through tax incentives [12:39].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares news of when listeners could expect the next tranche of opportunity zones guidance [2:35]. He also discusses which housing and community development programs the White House 2020 budget request proposes to cut [8:28]. He has new markets tax credit extenders legislation news [12:10] and program updates [15:27], as well as news about a reintroduced bill that could fund 3.2 million new homes for low- and middle-income families over 10 years [18:15]. After that, he shares some brief news including some state-level legislative updates that could attract more affordable housing, community development and renewable energy investment in those states [19:29].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares the latest legislative efforts to extend and expand the new markets tax credit [2:04]. He also talks about a bill to create infrastructure bonds and infrastructure tax credits [8:20], as well as the status of proposals to expand the renewable energy investment tax credit to include energy storage [9:25]. There is also an upcoming hearing on proposed regulations for the base-erosion and anti-abuse tax, or BEAT for which he will share details [10:38]. He also has an important update on the status of certain historic preservation certification applications under review by the National Park Service [12:12]. He closes with state legislation updates on various tax incentives that could help increase private investment in those states [13:12].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares news about the status of tax extenders and what that could mean for the need to extend 2018 returns [2:12]. He also talks about financing infrastructure reform [7:31] and details about released utility allowance regulations for LIHTC'properties [9:41]. From there, he has a brief update on what the confirmation of a new IRS chief counsel means for future tax regulation [11:54]. He also touches on an upcoming affordable housing hearing that could spotlight the Affordable Housing Credit Improvement Act, a LIHTC'bill that could be reintroduced soon [13:23]. After that, he discusses how the White House fiscal year 2020 budget proposal could propose cutting HUD and USDA housing program funds. He also has some announcements from HUD on the inclusion of Section 202 contracts in the Rental Assistance Demonstration program and the expected announcement of Housing Trust Fund allocations. He closes with some state news regarding opportunity zon

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, has news about a high-profile stop on Sen. Tim Scott's Opportunity Tour, a tour that highlights the opportunity zones tax incentive [2:12]. He also shares news regarding HUD's announcement last week of an expanded pilot debt program for low-income housing tax credit properties [5:22], as well as a significant shortening of the notification period before a HUD physical inspection [7:57]. After that, he talks about the Senate Banking Committee's consideration of key nominations, including that of Mark Calabria as the head of the Federal Housing Finance Agency. He also discusses some delayed CDFI Bond Guarantee deadlines. He closes with several state-level updates about low-income housing tax credit, historic tax credit and opportunity zones legislation [8:39].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the enacted appropriations bill for fiscal year 2019 [1:49], last week's opportunity zones hearing [4:17] and announcements from the CDFI Fund [8:32, 10:12]. He closes with the nomination of Mark Calabria as head of the FHFA, as well as a summary of three introduced state tax bills [10:45].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, will start with a brief update on efforts to prevent another government shutdown [1:20], as a tentative agreement was reached last night. From there, he shares an overview of two important upcoming IRS [3:38] and congressional hearings [7:19], an update on potential infrastructure financing reform [11:51] and a brief tidbit on a recent summary judgement ruling in a low-income housing tax credit disparate impact case [13:12]. He closes with opportunity zones news from New York and low-income housing tax credit news from California [15:39].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with a brief summary of how federal agencies are working to minimize the effects of the government shutdown on affordable housing, community development and historic preservation incentives [3:07]. He then shares an update on a possible legislative vehicle for extending many expired tax provisions, known as tax extenders [11:05]. He follows with news on housing finance reform [13:21]. He closes with news about updated national median income estimates and a request to the IRS to clarify a certain use of multifamily private activity bonds [16:40].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses an agreement to temporarily reopen the federal government, a letter sent to Treasury by the co-sponsors of the Investing in Opportunity Act, a proposal to index capital gains for inflation and highlights from the Novogradac new markets tax credit conference last week. He also shares news about a new House Ways and Means subcommittee on special national interests, an important affordable housing report and introduced legislation to create state tax incentives.

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares a congressional letter on how the government shutdown is affecting affordable housing [1:38], updates on the membership of the House Ways and Means Committee [3:27] and the House Financial Service Committee [5:10], news on reforming Fannie Mae and Freddie Mac [6:11], details of an infrastructure bill [7:58], and news on the re-nomination of Michael Desmond as IRS chief counsel and Treasury assistant general counsel [10:37]. He also talks about state legislation news about opportunity zones, affordable housing and historic preservation [12:26].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses new members of the House Ways and Means Committee [2:01], provides an overview of how the government shutdown is affecting various housing and community development programs [3:43], and shares some insights from the Novogradac housing conference in Miami [7:42]. He also has a brief update on California state news on opportunity zones and affordable housing, as well as news about the Solar EDGE Act, a bill to temporarily increase the renewable energy investment tax credit [13:24].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an update on the government shutdown [1:58], discusses proposed funding for Treasury and HUD, talks about Congressional committee roles and assignments [8:04], and goes over updates on FHFA leadership [11:29] and duty to serve plans for Fannie Mae and Freddie Mac [12:56]. He also has brief news on opportunity zones, IRS regulations and a new markets tax credit report [14:06].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about Congressional committee assignments and leadership changes at the CDFI Fund, FHFA, HUD and Treasury [2:05]. He discusses opportunity zones news [11:13] and proposed regulations for the base-erosion and anti-abuse tax [15:15]. He also provides a brief update on a Montana state low-income housing tax credit proposal and the latest qualified equity investment report from the CDFI Fund [18:38].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, will talk about stop-gap funding for the federal government and'the prospects of a "skinny" tax bill [1:24], a new co-chairman for the Municipal Finance Caucus [3:59] and potential changes at Treasury and HUD [5:16]. He will also discuss a bill to create an affordable housing task force [6:22], share a new opportunity zones related resource [8:08], as well as outline a report on state historic tax credits [9:12].