Novogradac & Company Llp

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general section, where he recaps a corporate integration hearing that was held in the Senate Finance Committee last week and shares important insights from that hearing on the possible adverse effects of corporate - individual income tax integration on investable community development tax credits. In the low-income housing tax credit section, he discusses a bill that was introduced in the Senate last week to increase federal allocations of the low-income housing tax credit by 50 percent. He also provides information on a proposed rule that would affect applicants of HUD's multifamily and health care programs who have participated in HUD programs before. In other news from HUD, a proposed rule was issued last week that would mandate broadband infrastructure be installed at all HUD multifamily properties during construction. In new markets tax credit news, he reviews details of a recent meeting that was held by the Community