Novogradac & Company Llp

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general news section, with a discussion about the status of the Senate Transportation, Housing and Urban Development (THUD) funding bill for fiscal year 2016. Then, he talks about when House Ways and Means Chairman Paul Ryan would like Congress to tackle tax extenders legislation. In the low-income housing tax credit segment, he shares the latest guidance from the U.S. Department of Housing and Urban Development on its Rental Assistance Demonstration, or RAD, program. Then, he touches on the Federal Housing Finance Agency's annual report to Congress. After that, he shares a California Supreme Court decision that gives significant power to local governments when setting affordable housing standards for developers. Also in that section, he highlights a report on how the federal low-income housing tax credit is doing in Tennessee. In new markets tax credit news, he provides details about a new awards management information sys