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In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with the general news section where he discusses the unexpectedly dramatic race to elect a new speaker of the House and what fiscal deadlines the speaker will need to address before the end of the year. In the affordable housing section, he'll talk about a new housing reform bill that was introduced to streamline several housing programs. Then, he highlights HUD's upcoming deadlines for processing mixed-finance developments. In state-level news, he shares an update on two California low-income housing tax credit bills. In new markets tax credit news, he tells listeners which entity the CDFI Fund chose to provide group training and assistance to minority certified community development entities. After that, he moves to the historic tax credit section, where he talks about which preservation advocate received an award for her part in getting her state's historic tax credit program reinstated. He closes out with the renewable energ

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general news section by discussing a stopgap bill that was enacted last week to keep the federal government funded for another two months. Plus, he has updates on the other fiscal deadlines that Congress must address before the end of the year. In the affordable housing section, he talks about the mortgage insurance premiums released by HUD for fiscal year 2016. He also shares news about how two housing forums could affect the presidential race. In new markets tax credit news, he provides updates on the CDFI Fund's new program data system that is replacing the myCDFIFund portal. Then, he reviews the amount of qualified equity investments issued last month and the amount of new markets tax credits remaining to be allocated. After that, he moves to the historic tax credit section, where he addresses an expanded resource that will provide industry participants with updated historic tax credit basics. He closes with the renewab

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with a discussion on the Speaker of the House John Boehner's retirement announcement and what it could mean for budget bill negotiations. In the affordable housing section, he talks about a report on how the number of severely rent overburdened households is projected to change over the next 10 years. He also shares news about which affordable housing community leader is retiring this spring. In new markets tax credit news, he announces the winners of the 2015 Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards. After that, he moves to the historic tax credit section, where he talks about a great resource for updated information on the historic tax credit. He closes out with the renewable energy tax credit section, with news about a Senate bill that would temporarily renew and then replace the energy production and investment tax credits. Then, he discusses how listeners can win recognition for thei

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with a discussion on the fiscal deadlines that Congress has to face in the next few months. In the affordable housing section, he talks about the status of two California bills that would make the state low-income housing tax credit an even more effective development tool. In new markets tax credit news, he provides information about the CDFI Fund's new website. After that, he moves to the historic tax credit section, where he talks about which state has officially restored its expired state historic tax credit. He closes out with the renewable energy tax credit section, with two reports on the importance of preserving renewable energy incentives. One is from the American Wind Energy Association and the other is from the Solar Energy Industries Association.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins the general news section by sharing two bills that could affect how the federal government will deal with the debt ceiling and other federal obligations. He also talks about the status of tax extenders in Congress and what a group of more than 2,000 organizations had to say about tax extenders and economic growth. In the affordable housing section, he discusses a report from the Congressional Budget Office on federal housing assistance programs and a range of options on how they can be changed or eliminated. Then, he talks about HUD's new capital fund guidebook and how it can be useful for public housing authorities and HUD field offices. He also has a reminder about how listeners can nominate their favorite affordable housing developments for the Novogradac Developments of Distinction Awards. In new markets tax credit news, he addresses a new rule in Maine that prevents the state new markets tax credit from using one-day bridge loa

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general section, where he shares a recent report from the Office of Management and Budget on the appropriations bills approved by the House and Senate. In affordable housing news, he discusses HUD's proposed fiscal year 2016 fair market rents. And he lets listeners know how they can submit nominations for the Novogradac Journal of Tax Credits Developments of Distinction Awards. In new markets tax credit news, he provides a recap of the CDFI Fund's recent listening tour and what CDFIs have suggested for improving the CDFI program. He also shares information on the latest Qualified Equity Investment Issuance Report. After that, he moves to the historic tax credit section, where the topic is how Massachusetts considers the transfer of its state historic tax credit for multiphase projects. He closes out with the renewable energy tax credit section, where he talks about a private letter ruling that meant good news for one invest

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts the podcast off with a discussion of a new prediction by the Congressional Budget Office that the federal debt limit will be reached later than expected and what that could mean to Congress. He also looks at other key matters facing Congress when it returns next week. In the low-income housing tax credit segment, he shares some good news about HUD's housing choice voucher program and a final rule that improves its portability. He also touches on a California notice on how to retain current-year difficult development area status. In addition, he talks about how listeners can nominate developments for some upcoming awards as well as how to register for upcoming webinars. In new markets tax credit news, he reviews about the latest Qualified Equity Investment report from the CDFI Fund. In the historic tax credit section, he congratulates the winners of the 2015 Novogradac Historic Rehabilitation Awards. He closes today's podcast with th

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general news section where he discusses what could be on tap for Congress in the next few months and where tax reform discussions might fit in. In the low-income housing tax credit segment, he shares information on two recent HUD publications. One revises Section 8 renewal guidance and the other proposes revising HUD's previous participation reviews. He also talks about an upcoming webinar that could save LIHTC property owners and managers a lot of worry when it comes to lease ups and maximizing tax credits in the first year. In new markets tax credit news, he shares information about a job opening at the CDFI Fund. In the historic tax credit section, he tells listeners who was selected to head up the historic preservation lobby group, Preservation Action. He closes with the renewable energy tax credit section, where he discusses two reports released by the Department of Energy and what they say about wind power and renewab

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with by discussing how much a tax extenders package passed by the Senate Finance Committee is expected to cost over the next 10 years. In the low-income housing tax credit segment, he shares the results of the Council of Development Finance Agencies' 2014 private activity bond and volume cap report. He also talks about a report on how cities can make inclusionary housing policies more balanced between addressing housing needs and keeping requirements financially feasible for developers. In new markets tax credit news, he provides an update on legislation that would permanently extend the federal New Markets Tax Credit (NMTC) program. In the historic tax credit section, he shares an opportunity for listeners to gain insights from some of the leading experts in the historic tax credit community. He closes with the renewable energy tax credit section, where he talks about a recently enacted Oregon bill and what it means for renewab

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with an update on what the IRS included in its 2015-2016 Priority Guidance Plan. In the low-income housing tax credit segment, he discusses a recent report on how housing finance agencies are faring with a shift in multifamily subsidy types. Then, he talks about the proposed selection process for the third and final round of the Promise Zones Initiative. In the same section, he shares an opportunity to learn about low-income housing tax credit compliance rules and strategies. In new markets tax credit news, he shares the monthly Qualified Equity Investment Issuance or QEI report update. In the historic tax credit section, he discusses the latest meeting of the Advisory Council on Historic Preservation. In the renewable energy tax credit section, he talks about the amount of wind energy generation capacity installed during the second quarter of this year and how renewable energy tax credits helped fuel that growth.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts the podcast off with the general news section, where he provides details about the tax extenders package that was advanced by the Senate Finance Committee last week. He will tell listeners which expired incentives made the cut and when Congress is expected to take up the extenders. He also discusses a bill designed to help victims of natural disasters by expanding the federal lowincome housing tax credit, new markets tax credit and historic tax credit in designated disaster zones. In the low-income housing tax credit (LIHTC) segment, he shares a report from the Government Accountability Office on why it thinks HUD and the IRS should team up to administer the Low-Income Housing Tax Credit program. Then, he talks about some significant changes being proposed to California's qualified allocation plan. He also shares how listeners can learn more about the options available to LIHTC property owners when their 15-year compliance period en

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general news discussion, where he shares what was included in the Senate Finance Committee chairman's tax extender legislation markup and what was left out. In the low-income housing tax credit segment, he outlines a new initiative launched by the U.S. Department of Housing and Urban Development that should come as good news for small affordable housing properties. In new markets tax credit news, he discusses how listeners can provide their questions and comments on programs run by the Community Development Financial Institutions (CDFI) Fund. In the historic tax credit section, he talks about how the state of Massachusetts is working to clarify its state historic tax credit recapture rules. He closes with the renewable energy tax credit section, where he discusses an extension for small wind turbines to meet performance and quality standards for the investment tax credit. He also shares information on a new bill that could

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with a discussion of the reports released last week by the Senate Finance Committee's tax reform working groups. He informs listeners about what was said about the low-income housing tax credit, new markets tax credit, historic tax credit and renewable energy tax credits'and what their mere inclusion in the report signifies. In the low-income housing tax credit segment, he talks about what HUD said last week about affirmatively furthering fair housing and how it affects program participants. He also shares news about an upcoming webinar that will discuss the Supreme Court's recent ruling on disparate impact and what the consequences are for affordable housing. After that, he discusses what one HUD study found about the effectiveness of housing choice vouchers for homeless families. He will also talk about how listeners can submit nominations for the annual Novogradac Journal of Tax Credits Developments of Distinction Awards. In

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins the general news discussion with an update on the status of the Senate Finance Committee working groups and when they're scheduled to provide feedback on reforming the tax code. In the low-income housing tax credit segment, he shares the latest news on companion legislation that would create a minimum credit rate for the federal low-income housing tax credit (S. 1193 and H.R. 1142). In new markets tax credit news, he discusses a recent letter that was signed by 55 House members, urging the House Ways and Means Committee to extend the federal new markets tax credit. He also provides information about an upcoming webinar on NMTC exit strategies and information on how listeners can nominate outstanding community development entities for the annual Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards. Then in the historic tax credit section, he has news about one state historic tax credit program that escape

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off talking about the fiscal year 2016 funding bill approved by the Senate Appropriations Committee for Transportation, Housing and Urban Development, and Related Agencies. In particular, he discusses which affordable housing program could get slashed by more than $800 million. In the low-income housing tax credit segment, he shares what the Supreme Court's recent ruling on housing discrimination could mean for the affordable housing community. Then, he highlights a new report on the state of the nation's housing and how cuts to federal programs could be detrimental to low-income families. In new markets tax credit news, he updates listeners on the status of legislation to make the new markets tax credit a permanent part of the tax code. In the historic tax credit section, he shares news about three state historic tax credit programs. They include an extension and an expansion, plus a new provision in one state historic tax credit p

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general news section, with a discussion about the status of the Senate Transportation, Housing and Urban Development (THUD) funding bill for fiscal year 2016. Then, he talks about when House Ways and Means Chairman Paul Ryan would like Congress to tackle tax extenders legislation. In the low-income housing tax credit segment, he shares the latest guidance from the U.S. Department of Housing and Urban Development on its Rental Assistance Demonstration, or RAD, program. Then, he touches on the Federal Housing Finance Agency's annual report to Congress. After that, he shares a California Supreme Court decision that gives significant power to local governments when setting affordable housing standards for developers. Also in that section, he highlights a report on how the federal low-income housing tax credit is doing in Tennessee. In new markets tax credit news, he provides details about a new awards management information sys

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with a discussion about the status of the House Transportation, Housing and Urban Development funding bill for fiscal year 2016 and why both House and Senate leadership may consider legislation to increase spending caps. In the low-income housing tax credit segment, he provides updates on a handful of California affordable housing bills, including one that could increase the amount of state low-income housing tax credits by $300 million per year. Then, he shares an opportunity for listeners to learn or get a refresher on what they need to know about determining low-income housing tax credit eligible basis. In new markets tax credit news, he highlights the new markets tax credit allocations for the 2014 funding round. Then, he discusses what the New Markets Tax Credit Coalition learned about program investments in the past year through its annual progress report. Following that, he shares some highlights from our Novogradac New M

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with a discussion about why the president has issued an early veto threat to the fiscal year 2016 THUD appropriations bill that the House Appropriations Committee approved in May. He also shares how that veto threat could affect Republicans' strategy to advance their budget plan. In the low-income housing tax credit segment, he talks about changes HUD is considering for how it calculates rental limits in certain housing markets. Then, he shares news about the president's new top housing advisor. Next, he addresses a state bill that would alter the rights of first refusal for acquiring low-income housing tax credit properties in Texas. In new markets tax credit news, he'll share some informative statistics on NMTC investments from the program's inception through fiscal year 2013. After that, he'll discuss changes to Nebraska's state NMTC that could make it more attractive to a larger number of investors. In historic tax credit news,

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, talks about the status of Senate Appropriations Committee fiscal year 2016 allocations for the Departments of Transportation, Housing and Urban Development. Then, he reviews a proposed rule change by the Federal Reserve that could be good news for municipal bonds. In the low-income housing tax credit section, he discusses what tax credit and tax-exempt bond relief measures were authorized last week for counties affected by severe storms in Oklahoma and Texas. After that, he provides details on an introduced bill that could make it easier for homeless or formerly homeless students and veterans to find affordable housing. He closes out the section with information on how property owners and managers can learn more about operating expense trends for low-income housing tax credit properties. In new markets tax credit news, he tells listeners how much support was received for a sign-on letter urging Congress to permanently extend the new market

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, opens the podcast with the general news section, discussing progress on a bill that could advance evidence-based policymaking within the federal government. Then, he gives the latest news on the Senate Finance Committee's five tax reform working groups. In the low-income housing tax credit section, he shares a report illustrating the gap between wages and rents across the country. Then, he discusses why California could potentially see an extra $200 million available for green housing investments. He also talks about an upcoming webinar on low-income housing tax credit acquisition and rehabilitation developments. In new markets tax credit news, he provides an update on two companion bills that would permanently extend the New Markets Tax Credit program. He also tells listeners how they can participate in a sign-on letter that two congressmen are circulating in support of a new markets tax credit extension. Next, he shares the three winners