Novogradac & Company Llp

Michael J. Novogradac, CPA, updates listeners about tax extenders hearings and upcoming Congressional hearings and discusses the Municipal Bond Market Support Act of 2012. In the new markets tax credit section, he reports on potential program regulatory changes and a recent report on access to supermarkets in America. He also highlights a bill intended to increase low-income housing tax credits available to areas affected by Hurricane Irene and Tropical Storm Lee and discusses the U.S. Department of Housing and Urban Development's Unique Building Identifier File and informs listeners about a recent document issued by the Internal Revenue Service that addresses the responsibilities of conduit issuers of tax-exempt bonds. He wraps up low-income housing tax credit news with the latest development in the Texas Department of Housing and Community Affairs' Fair Housing Act case. Finally, he summarizes President Obama's recent visit to Iowa in support of extending the wind energy production tax credit and the 48C ad