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Sinopsis

Michael J. Novogradac, CPA, discusses the status of tax reform and deficit reduction talks in Washington, D.C. He also discusses the Affordable Housing Tax Credit Coalition's rebuttal of Senator Coburn's proposal to eliminate the low-income housing tax credit; the latest edition of the IRS's Low Income Housing Credit Newsletter; an announcement about the Novogradac New Markets Tax Credit Mapping Tool which has been updated to include USDA Food Desert data; the extended nomination window for then Novogradac Community Development Foundation's 4th Annual Community Development Awards; the provisions of the Historic Homeownership Revitalization Act; a state level update regarding the Missouri historic tax credit; the provisions of legislation introduced last week to provide tax credits for investment in offshore wind energy; a report that analyzed the clean economy of the nation's 100 largest metropolitan areas.