Novogradac & Company Llp

Today is Tuesday, February 17th, 2009. This week we will discuss the final version of the economic recovery package that was signed by president Obama today.

Today is Tuesday, February 10th, 2009. This week we will share some of the highlights of the New Markets Tax Credit Investors Conference that Novogradac & Company hosted two weeks ago. We also have an update on the recent activities of the LIHTC Working Group.

Today is Tuesday, February 3rd, 2009. This week our focus will be the current status of the economic recovery bill that is being crafted by Congress. This legislation is significant in size and scope, and most likely will be passed with provisions that affect affordable housing, community development and renewable energy.

Today is Tuesday, January 27th, 2009. This week we will discuss the opening of the seventh round of NMTC allocation applications in more detail. We will also share an update about the financing of affordable housing developments in New York. A new equity fund was announced last week and we will share some of the details with you today. And as promised, we have the very latest news on the development of economic recovery legislation in Congress. Our first planned topic for this week is an update on a discussion from our January 13th podcast about the actions housing officials in New York are taking to address the recent shift in the low-income housing tax credit investment market.

Today is Tuesday, January 20th, 2009 and today marks the inauguration of the country's 44th president, Barack Obama. As the eyes of the nation and the world are focused on our capitol today, it's fitting that many of the topics planned for today's discussion are also centered in Washington, D.C. This week we will discuss potential changes to the Troubled Asset Recovery Program, commonly referred to as TARP. We will also preview the comments that I will be making at the Treasury hearing this week on the proposed targeted population regulations.

Today is Tuesday, January 13th, 2009. This week I am recording the podcast from Washington D.C., where I am attending and speaking at the National Council of State Housing Agencies' HFA Institute. During this week's podcast, we will review some highlights from the Washington Wire panel I moderated at the Novogradac & Company annual conference of affordable housing developers held last week in Miami. We also have an update from the HFA Institute here in D.C.

Today is Tuesday, January 6th, 2009 and our first podcast of the year will focus on the latest developments surrounding the economic recovery bill that Congress plans to consider this month. We also have a summary of last month's meeting of a subcommittee that was formed by the CDFI Fund to consider policy and program recommendations it might consider related to the impact of the current global financial crisis.

Today is Tuesday, December 23rd and this is the final Report on Tax Credits for 2008. Today we will discuss the current conditions in the housing tax credit equity investment market and what the future may hold for developers, investors and syndicators. We also have an update on proposals being suggested for inclusion in an economic recovery package.

Today is Tuesday, December 16th, 2008. This week we have two major topics. For our first topic we will review some of the revenue raising strategies, yes, I do mean tax increases, that Congress may consider in the coming year. We're also going to evaluate how these possible tax increase will affect tax credit investors. For our second topic, we will discuss the testimony that I and others provided at an IRS hearing last Friday on proposed changes to the new markets tax credit regulations.

Today is Tuesday, December 9th, 2008 and this week we have some updates on the discussions in Washington about what should be included in the new economic stimulus package that will be considered when Congress reconvenes next month. We will also follow up on developments as some LIHTC allocating agencies and affordable housing developers work together to weather the current financial storm.

Today is Tuesday, November 25th, 2008 and this week we have the results of our informal survey to assess how many 2008 tax credit allocations have been returned by developers. We will also preview some of the key panels planned for our upcoming LIHTC conferences in Las Vegas and in Miami.

Today is Tuesday, November 18th, 2008 and this week we'll discuss the latest news from President-elect Barack Obama's transition team regarding the policies and players that will shape the incoming administration. We'll also check in on developments in Congress as lawmakers in Washington continue to consider strategies for shoring up the sagging economy.

Today is Tuesday, November 11th, 2008 and this week we'll discuss the impact that the results of last week's election will have on affordable housing, community development, renewable energy and related matters. We all waited anxiously on November 4th as the nation set about to elect a new president as well as legislators to serve in the 111th United States Congress. Now that the results are in, let's consider the overall results of the 2008 election.

Today is Tuesday, November 4th, 2008. This week we will review the hearing held last week by House Ways and Means Chairman Charlie Rangel regarding economic recovery and job creation. We will also profile the winners of the Novogradac Community Development Foundation Awards announced last month. But first, a note about today. Today is also election day throughout the nation. Democrats are expected to pick up a significant number of seats in both the House and the Senate, further solidifying their majorities in both houses. The presidential polls also show Obama with a substantial lead. If the polls are accurate, then the Democrats will have sizable majorities in the House, the Senate and will control the presidency. Next week, we will share some insights as to what Democratic control of the House, Senate and presidency will mean to those of us concerned about affordable housing, community development and renewable energy. If John McCain' proves the pollsters wrong, and wins the presidency, then we will share

Today is Tuesday, October 28th, 2008. This week we will take a more in-depth look at the sixth round of new markets tax credit allocation awards we discussed last week. We will also review a list of some tax and accounting items that all LIHTC, low-income housing tax credit, developers should be considering as the end of the year approaches. But first, we have a couple breaking news items. Discussion among members of congress continues about the likelihood of another economic stimulus package.

Today is Tuesday, October 21st, 2008. This week we will discuss recent announcements by several state housing tax credit allocation agencies regarding adjustments they have' made in response to changes in the tax credit equity market and changes related to not-so-recently-passed Housing and Economic Recovery Act of 2008 and the more-recently-passed Emergency Economic Stabilization Act of 2008. We will also preview some of the panel discussions that will be presented at our New Markets Tax Credit Investors conference later this week.

This week we will discuss details about the numerous energy tax credits that were included in the recently passed extender legislation. We also have an update on SB 585, a bill that was signed recently by Governor Arnold Scharzenegger that will allow the California state housing tax credit to be sold separately from the federal housing tax credit. Let's start with our review of some of the recently-extended energy incentives that can be used by developments financed by new markets tax credits and low-income housing tax credits.

Today is Tuesday, October 7th, 2008. This week we will discuss proposed regulations regarding targeted populations under the new market tax credit program. We also have news about additional guidance from the IRS regarding certain provisions contained in the recently passed Low Income Housing Tax Credit Modernization Act.

Today is Tuesday, September 30th, 2008. This week we have an update on the fate of tax extender legislation. We will also share more news about how state housing tax credit allocating agencies are implementing the tax credit and bond changes made by the Housing and Economic Recovery Act of 2008.

Today is Tuesday, September 23rd, 2008. This week we'll bring you up to speed on the current status of energy and new markets tax credit extension legislation. We will also discuss recent guidance from the Office of the Comptroller of the Currency, or OCC, which regulates national banks, regarding banks' investments in solar tax credit projects. We will also share some highlights from an IRS survey that assessed the ability of tax-exempt entities that issue tax-exempt bonds to satisfy all applicable federal tax requirements both at the time of issuance and while the bonds remain outstanding.