Novogradac & Company Llp

Michael J. Novogradac, CPA, reviews testimony about the new markets tax credit given by CDFI Fund Director Donna Gambrell; summarizes changes made last week to the procedures for obtaining historic preservation certifications for rehabilitating historic structures; previews findings of the second annual study on the economic impact of the federal historic tax credit; reviews the contents of the newest LIHTC Newsletter; shares information about the latest round of HOPE VI grantees; and discusses a recently released private letter ruling that addresses the question regarding when the costs of structural components are eligible for energy tax credits.