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In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a tax reform hearing about the use of dynamic scoring of the Tax Reform Act of 2014 and alerts listeners to Congress's August recess and retirement of former House Majority Leader Eric Cantor. In the low-income housing tax credit news, he discusses three new bills introduced last week that would affect affordable housing and provides an update on efforts to resume payments to the National Housing Trust Fund. In new markets tax credit news, he provides a more in-depth analysis of the Community Development Financial Institutions Fund's release of New Markets Tax Credit program data and shares the latest Qualified Equity Investment Issuance Report. In renewable energy tax credit news, he shares information about one Senator's effort to draw attention to the expired production tax credit and another's efforts to extend the investment tax credit to biogas projects. In historic tax credit news, he has an update on how the North Carolin

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, alerts listeners to a House Subcommittee on Select Revenue Measures hearing on the Tax Reform Act of 2014 and dynamic scoring. In low-income housing tax credit news, he shares his analysis of the Council of Development Finance Agencies' report on the use of 2013 volume cap and discusses the results of an audit of the Delaware State Housing Authority's compliance with the low-income housing tax credit exchange program. In new markets tax credit news, he briefly discusses the Community Development Financial Institutions Fund's release of New Markets Tax Credit program data, provides an update on the 2014-2015 New Markets Tax Credit program Notice of Allocation Availability and shares information about legislation that would create a state-level new markets tax credit program in North Carolina. In renewable energy tax credit news, he has an update about a case that Alta Wind has brought against the federal government regarding the payment of

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, notifies listeners about a bill that would increase low-income housing tax credits, new markets tax credits and historic tax credits for disaster areas; discusses some long-term deficit and national debt projections from the Congressional Budget Office; and alerts listeners to some updates to two of Novogradac & Company's online mapping tools. In new markets tax credit news, he shares a request for comments from the Internal Revenue Service, a report on the use of new markets tax credits in rural areas and the status of a California new markets tax credit bill. In low-income housing tax credit news, he alerts listeners to a request for comments on Form 8823, checks in on the Housing Trust Fund and announces the opening of the nomination round for the Journal of Tax Credits Developments of Distinction awards. In our renewable energy tax credit news, he shares a recent report that found that renewing the investment and production tax credits

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners on the progress of a bonus depreciation bill making its way through the House of Representatives, shares the details of an upcoming Community Reinvestment Act webinar and provides a quick update on the new leadership at the Office of Management and Budget and the U.S. Department of Housing and Urban Development. In new markets tax credit news, he discusses the Community Development Financial Institutions Fund's annual performance report and the latest Qualified Equity Investment Issuance report. In low-income housing tax credit news, he has more information about the U.S. Department of Housing and Urban Development's revision of the 2014 extremely low-income limits, California's Affordable Housing and Sustainable Communities program and PrezCat a new affordable housing preservation policy resource that was launched earlier this year. In renewable energy tax credit news, he shares a recent blog post written in response to

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners on the progress of a bonus depreciation bill making its way through the House of Representatives and shares the 2014 list of distressed or underserved nonmetropolitan middle-income geographies. In historic tax credit news, he discusses the next meeting of the Advisory Council on Historic Preservation and legislation in Pennsylvania that would suspend the state's historic tax credit program. In low-income housing tax credit news, he has an update about the U.S. Department of Housing and Urban Development's revision of the 2014 extremely low-income limits, as well as the latest information about new funding for affordable housing in California. In renewable energy tax credit news, he shares a letter asking Congress to take up the EXPIRE Act and discusses a new tool to help state and local officials gather data as they consider their energy policies. In new markets tax credit news, he discusses a recent Senate Indian Affairs

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners on the progress of Shaun Donovan and Julian Castro's nominations for the top spots at the Office of Management and Budget and the U.S. Department of Housing and Urban Development, and he discusses new House Majority Whip Steve Scalise's voting record and a new report from the U.S. National Advisory Board on Impact Investing. In new markets tax credit news, he alerts listeners to a request for information related to the Community Development Financial Institutions Fund's efforts to bring more minority community development entities into the New Markets Tax Credit program, discusses a letter from 50 U.S. Representatives that urges an extension of the New Markets Tax Credit program and reminds listeners of the soon-to-beclosed window for nominating CDEs for the Community Development QLICIs of the Year Awards. In low-income housing tax credit news, he discusses the latest "State of the Nation's Housing" report from the Harvar

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses House Majority Leader Kevin McCarthy's voting record, Shaun Donovan's confirmation hearings for the top spot at the Office of Management and Budget, and Sen. Ron Wyden's 15-month window for tax reform. In new markets tax credit news, he shares some remarks about the next round of the New Markets Tax Credit program from New Markets Tax Credit Program Director Bob Ibanez, a report from Native American Capital that compares the loan loss rates of new markets tax credit loans to those of collateralized mortgage-backed securities, and the addition of a new qualified issuer for the Bond Guarantee program. In low-income housing tax credit news, he discusses a call from A.C.T.I.O.N. to support for legislation that creates a permanent 9 percent floor for the low-income housing tax credit program, Julian Castro's remarks at his confirmation hearing for Secretary of the Department of Housing and Urban Development and good news about Califor

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the end of Eric Cantor's tenure as House majority leader and what that could mean for tax reform. In new markets tax credit news, he shares a report from the New Markets Tax Credit Coalition about the use of the new markets tax credit in 2013 and an emergency rule from Kentucky that addresses recent changes to the state's new markets tax credit program. In this week's lowincome housing tax credit news, he discusses support for legislation that creates a permanent 9 percent floor for the low-income housing tax credit program and the passage in the House of a U.S. Department of Housing and Urban Development fiscal year 2015 appropriations bill, as well as an upcoming webcast from the Office of Tax-Exempt Bonds. In historic tax credit news, he has updates from Rhode Island and North Carolina. In renewable energy tax credit news, he discusses guidance from the Internal Revenue Service that addresses sequestration, the Section 1603 pr

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest information about potential tax reform and more tax extenders hearings. In new markets tax credit news, he provides a few details about the results of the 2013 new markets tax credit allocation round allocatees, the latest effort to extend the NMTC program and an update on the latest Qualified Equity Investment Issuance report. In low-income housing tax credit news, he provides a few highlights from the Senate Appropriations Committee's fiscal year 2015 appropriations for Transportation, Housing and Urban Development and related agencies, shares news about the death of a Louisiana property valuation bill that would have raised taxes for low-income housing tax credit properties, discusses legislative efforts to increase the amount of affordable housing in Washington, D.C. and celebrates the Oklahoma low-income housing tax credit. In historic tax credit news, he updates listeners about historic tax credit programs in Cal

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the second House Ways and Means Committee's tax extenders markup. In low-income housing tax credit news, he discusses recent changes to the U.S. Department of Housing and Urban Development's accessibility standards, as well as the latest effort in Oklahoma to create a state low-income housing tax credit program. He also shares have news from Colorado regarding the reenactment of the Colorado state LIHTC. In new markets tax credit news, he alerts listeners to Novogradac & Company's upcoming new market tax credit conference and an opportunity to nominate community development entities for this year's Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards. He also shares the latest rumors about the announcement of the 2013 NMTC allocations. In historic tax credit news, he shares the governor of North Carolina's plan to replace the state's expiring historic tax credit program with a comparable program and a

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses President Obama's official nomination of Shaun Donovan to lead the Office of Management and Budget and Julian Castro to lead the U.S. Department of Housing and Urban Development; he also provides an update on the EXPIRE Act. In new markets tax credit news, he shares the names of five new cosponsors for the New Markets Tax Credit Extension Act, testimony on the president's proposed budget for the Community Development Financial Institutions Fund and the name of a new qualified issuer for the CDFI Bond Guarantee program. In this week's lowincome housing tax credit section, he summarizes legislation introduced that would create a permanent tax rate floor for both the 9 percent and 4 percent low-income housing tax credits, and discusses fiscal year 2015 funding for rural housing and the Department of Housing and Urban Development, and an increase in compliance fees in Louisiana. In historic tax credit news, he shares a report that su

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses possible changes in leadership at the U.S. Department of Housing and Urban Development and the Office of Management and Budget, and provides an update on tax extenders legislation. In new markets tax credit news, he shares a new guide from Federal Deposit Insurance Corporation that helps community banks identify and evaluate opportunities to partner with Community Development Financial Institutions, the opening of the 2014 application round for the Bond Guarantee program and two new cosponsors for the New Markets Tax Credit Extension Act. In this week's low-income housing tax credit news, he summarizes a talk that Federal Housing Finance Agency Director Mel Watt gave last week about the future of Fannie Mae and Freddie Mac. In renewable energy tax credit news, he shares a report from the Lawrence Berkeley National Laboratory that explores three different scenarios for making the most of renewable energy tax credits. In historic t

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest developments in Congress to extend expired and expiring tax provisions. In new markets tax credit news, he reviews the most recent Qualified Equity Investment Issuance Report, updates listeners about the status of the 2013 allocation round and discusses an Enterprise Community Partners report about the role of new markets tax credits in bringing healthy food options to lowincome communities. In low-income housing tax credit news, he shares the latest information about S. 1217, the Johnson-Crapo bill that would eliminate Fannie Mae and Freddie Mac, alerts listeners to property compliance training opportunities and details a bill in Louisiana that could negatively affect low-income housing tax credit properties. In historic tax credit news, he reviews the fiscal year 2015 appropriations to the Historic Preservation Fund and describes changes to the Alabama historic tax credit program. In renewable energy tax credit news,

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a House Ways and Means Committee mark up of several bills that are part of the tax reform package, and potential changes to the generally accepted accounting principles for tax credit investments. In new markets tax credit news, he shares a report from the Wisconsin Housing and Economic Development Authority about how tax credit projects have provided jobs and support to emerging businesses, and discusses a new Mississippi law that requires the state to evaluate the effectiveness of its tax incentive programs. In low-income housing tax credit news, he addresses the cancelation of a mark up of the Johnson-Crapo bill, as well as reveals the results of a Government Accountability Office report on the Rental Assistance Demonstration program. In historic tax credit news, he shares good news about an extension of the Mississippi historic tax credit program and information about an Iowa bill that would improve the use of the state's his

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses new Community Reinvestment Act guidance from the Office of the Comptroller of the Currency and a new score for the president's fiscal year 2015 budget from the Congressional Budget Office, and shares the results of Novogradac & Company's analysis of the National Disaster Tax Relief Act. In low-income housing tax credit news, he discusses a report from Moody's Investment Service that found that housing finance agency multifamily programs remained strong and profitable through 2013. In new markets tax credit news, he invites listeners to attend the Novogradac New Markets Tax Credit Spring Conference this June and alerts them to a temporary shutdown of the CDFI Fund website. In historic tax credit news, he shares a report about the disposal of historic post office buildings and reminds listeners about the opening of Pennsylvania's historic tax credit program. In renewable energy tax credit news, he provides a recap of the Novogradac

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses legislation that would extend the New Markets Tax Credit program for one year and enable military families to exclude their basic housing allowance from income when calculating their eligibility for lowincome housing tax credit units in certain areas. In new markets tax credit news, he invites listeners to participate in the New Markets Tax Credit Working Group's activities. In low-income housing tax credit news, he shares information about legislation that would create a renter's tax credit and a plan in California that could direct billions of dollars to transit-oriented development. In historic tax credit news, he shares an update about the Mississippi historic tax credit. In renewable energy tax credit news, he alerts listeners to proposed extensions of the production and investment tax credits.

In this week's Tax Credit podcast, Michael J. Novogradac, CPA, discusses new legislation that would increase tax credits for areas recently affected by natural disasters, and he updates listeners about Ways and Means tax reform hearings and the House of Representatives' passage of a fiscal year 2015 budget. In new markets tax credit news, he shares legislation from Kentucky that has doubled the amount of credit available through the state's new markets tax credit program. In low-income housing tax credit news, he discusses the reorganization of the U.S. Department of Housing and Urban Development's Office of Multifamily Housing and a report on low-income housing tax credit housing in Nevada. In historic tax credit news, he shares information about legislation that would make it easier for large, multiphase projects to claim the Maine historic tax credit. In renewable energy tax credit news, he comments on ongoing issues surrounding the sequestration cuts to the Section 1603, Grants for Specified Energy Proper

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a Senate Finance Committee tax extenders package, a House Ways and Means Committee hearing on tax reform and a House Budget Committee fiscal year 2015 budget proposal. In low-income housing tax credit news, he discusses the latest Low-Income Housing Credit Newsletter from the IRS and update listeners on a bill that would create a state low-income housing tax credit in Oklahoma. In new markets tax credit news, he covers legislation that would make permanent the New Markets Tax Credit program, as well as the latest Qualified Equity Investment Issuance Report from the CDFI Fund. In historic tax credit news, he shares information about changes to the historic tax credit program application and fee payment method. In renewable energy tax credit news, he shares the results of an audit of the Section 48C, the Qualifying Advanced Energy Project Credit, a report on the energy marketplace and two Iowa renewable energy tax credit bills.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest in the tax reform and tax extenders debate, and reminds listeners about the effective date of the final Volcker rule. In low-income housing tax credit news, he discusses updated investment guidance on the Low-Income Housing Tax Credit program from the Office of Comptroller of the Currency, another housing finance reform bill, a report that compares average rents to average wages and a Georgia bill that would create more favorable property tax assessment rules for LIHTC properties. In new markets tax credit news, he discusses a report on the Capital Magnet Fund and a bill that would change Ohio's new markets tax credit program. In historic tax credit news, he shares the results of an audit of Missouri's historic tax credit program. In renewable energy tax credit news, he reminds listeners about the upcoming San Francisco Renewable Energy Conference.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, explores tax extender legislation and a request from the Treasury and Internal Revenue Service for suggestions on priority guidance in 2014 and 2015. In low-income housing tax credit news, he discusses an audit of New Mexico's management of Section 1602 tax credit exchange program funds and the U.S. Department of Agriculture's plan for implementing the new definition of "rural." In new markets tax credit news, he discusses a call from Sen. Sherrod Brown of Ohio to extend the New Markets Tax Credit program and set aside funds specifically for communities affected by manufacturing job losses, and shares a letter about the New Markets Tax Credit program application process that the New Markets Tax Credit Working Group sent to the CDFI Fund. In historic tax credit news, he has information about a Mississippi bill that would have extended the state's historic tax credit program and an Indiana bill that orders a state commission to compare the e