Novogradac & Company Llp

Michael J. Novogradac, CPA, shares news about Ways and Means Committee Chairman Dave Camp's plans for comprehensive tax reform. Then he reviews rules published by the Federal Housing Finance Agency regarding Fannie Mae, Freddie Mac and the Federal Home Loan Banks. He also reviews multifamily housing market analysis released by the National Association of Home Builders. Next he discusses two renewable energy topics: a summary of legislation introduced to provide an investment tax credit for waste-to-energy facilities, and news in California regarding the taxability of Section 1603 grant funds. Then he checks in with New Jersey, where lawmakers last week moved one step closer to enacting a state historic tax credit. And finally, he previews some of the planned activities of the Novogradac NMTC Working Group.