Novogradac & Company Llp

Michael J. Novogradac, CPA, discusses the estimated effects of budget sequestration cuts on affordable housing, community development and renewable energy programs and updates listeners on tax extenders legislation and tax reform efforts. In new markets tax credit news, he reminds prior round allocatees about the deadline to meet the minimum QEI issuance requirement and announces an update to the Novogradac NMTC Mapping Tool to reflect 2010 census data. In the historic tax credit segment, he shares news about the National Park Service's five-year Call to Action plan. Low-income housing tax credit news includes findings from the federal rental alignment pilot's interim evaluation report that was released this summer by the Rental Policy Working Group. Mr. Novogradac concludes the podcast with renewable energy tax credit news about Sen. Patrick Leahy's support for PTC extension as well as some recent renewable energy industry trends.