Novogradac & Company Llp

Michael J. Novogradac, CPA, discusses the possible effect of new Basel III regulations on tax credit investing. He also reviews a report from the Government Accountability Office regarding the Recovery's Act's low-income housing tax credit programs, as well as a proposal to implement an LIHTC program in Canada. Then he summarizes new markets tax credit investment data through 2009; new legislation regarding an AMT offset for NMTCs; and a job opening at the CDFI Fund. Next, he checks in on the Missouri state tax credit review commission. Finally, he discuss the pace at which the Department of Energy expects to disperse Recovery Act funds in the coming months, a prediction about the pace of wind turbine installations in 2011, and a review of recently introduced energy legislation.