Novogradac & Company Llp

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off the general news section by talking about the president's State of the Union address and tax reform. He then moves on to discuss the formation of a new advisory council that was formed this month by the Federal Reserve Board. In the low-income housing tax credit section, he gives an update on the disparate impact case that was heard in the Supreme Court last week. He also talks about the 2015 poverty guidelines released by the U.S. Department of Health & Human Services and why it can be expected that HUD will soon release its own fiscal year 2015 income limits. He also shares some news about $3.2 million in grants that were awarded through the Choice Neighborhood Planning program. In a state-level update, he talks about what California's state treasurer John Chung is planning to do to increase the supply of affordable housing in the state. He also briefly discusses a new report that highlights achievements of the low-income hous