Novogradac & Company Llp

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about a continuing resolution signed last week [1:53] and the latest on Tax Reform 2.0 legislation [2:45]. He also goes over what was discussed last week at the Novogradac 2018 Historic Tax Credit Conference in Nashville [7:35]. He closes with some significant updates on cosponsors for important legislation, as well as several federal bills introduced last week [10:01].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, will discuss the swearing in of Charles Rettig as IRS Commissioner [1:35], as well as a request for IRS guidance on energy investment tax credit technologies [2:09]. Then he moves on to a private-activity bond issuance report [3:21], CDE Certification Applications [7:09]'and a new proposal for a distressed zone tax credit [8:03]. He closes with a HUD milestone, a state low-income housing tax credit bill and some announcements from the CDFI Fund [9:32].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks more about Tax Reform 2.0 [1:56], the confirmation of new IRS Commissioner Charles Rettig [5:09], as well as progress toward opportunity zones regulations [6:01]. Next, he talks about the national volume cap report for private-activity bonds. He closes with Ohio state opportunity zones news, income limit estimates, a HUD notice on regulatory relief and an update on a California energy bill [9:42].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses Tax Reform 2.0 could mean for various tax credit communities [3:16]. He also provides an update on the confirmation of a new IRS commissioner [5:22], as well as a letter the U.S. Conference of Mayors sent to Treasury requesting guidance on the opportunity zones incentive [6:22]. Then he shares a brief report on the recent House committee hearing on the cost of multifamily housing development regulations. After that, he talks about a report released by the National Council of State Housing Agencies on the cost of developing LIHTC properties [11:03]. Next, he reviews a recent house hearing on efforts to reform or unwind Fannie and Freddie [16:37], as well as FY 2019 fair market rents [19:28]. Before closing, he shares rural housing news and announcements from HUD and the CDFI Fund [23:09].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts this week's podcast off with an assessment of possible timeframes when Congress might consider acting on a second round of tax reform [2:11] and the possibility of executive action to index capital gains for inflation [4:27]. Next, he focuses on financial institutions with a review of the opportunity for comment on ways to improve Community Reinvestment Act regulations [7:27], as well as an upcoming House Financial Services Committee hearing on the cost of multifamily housing regulations [9:52]. Next, he discusses HUD news, notably news about fiscal year 2019 fair market rents [12:07]. He closes out with an overview of a new Novogradac blog post that addresses common misconceptions about the low-income housing tax credit, and news about state legislation in California that could mean an increase in renewable energy property development over the next few years [14:20].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses affordable housing legislation recently introduced in Congress: the Middle-Income Housing Tax Credit Act of 2018 [2:11] and the Rent Relief Act of 2018 [5:47]. Then, he discusses the new Section 199A deduction created under the 2017 tax reform legislation [8:07]. After that, he shares other headlines that include efforts to overhaul the Community Reinvestment Act, an interim rule that could result in lower interest rates on housing bond debt and a new report on the importance of the renewable energy production tax credit for growing wind power capacity [14:05].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses the intentions of certain Republican Senate Finance Committee members to advance tax reform technical corrections and to encourage Treasury guidance on some of the new tax law changes [1:47]. Then, he moves on to housing, where he talks about a recent fair housing ruling [5:46] and a new bill to promote housing affordability, the Housing, Opportunity, Mobility and Equity Act of 2018 [9:48]. He wraps up today's podcast with discussion of 2019 difficult-to-develop areas and information about the Capital Magnet Fund [11:11].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses the confirmation status of some key Treasury Department nominees [2:55], news about an oversight meeting on the Federal Housing Finance Administration [5:01], proposed regulations on depreciation deduction [5:42] and the 2018 demand for new markets tax credit allocation authority 8:09]. He wraps up today's podcast with other industry headlines on community development, administration of the Illinois state historic tax credit, an expected low-income housing tax credit report and an update on when to expect opportunity zones guidance [9:47].'

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares the latest updates on Republican efforts to advance phase two of tax reform [2:12]. After that, he discusses one bill to expand the low-income housing tax credit [5:24] and another bill to expand the new markets tax credit for certain rural areas [8:34]. The introduction of these two bill is a notable milestone to potentially getting them enacted in the fall, setting the stage for their enactment next year. He closes out today's podcast with other industry headlines, including a blog post on HUD income data and good news for the state historic tax credit programs in Delaware and Illinois [11:04].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, provides an update on the nomination of Charles Rettig as the next IRS commissioner [2:23]. Then, he outlines priority guidance requests from the Opportunity Zones Working Group [4:06]. After that, he discusses several bills related to affordable housing [7:58]. He wraps up today's podcast with other industry headlines, including a low-income housing tax credit report, a few announcements from the CDFI Fund and news about a proposed Ohio state tax credit [11:17].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, provides an update on Treasury appropriations legislation [2:40] and when listeners can expect Treasury to release opportunity zones guidance [3:20]. Then, he revisits an important discussion on why a tax credit structure for the new markets tax credit subsidy is more efficient than a proposed grant replacement program [6:40]. After that, he discusses information about Fannie Mae and Freddie Mac's Duty-to-Serve plans [9:49]. He wraps up today's podcast with an announcement from the CDFI Fund about new markets tax credit allocation application reviewers for 2018 and news about the state historic tax credit programs in Missouri and Delaware [11:20].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares some news about two notices concerning the HUD Rental Assistance Demonstration program [1:39]. He also provides information about a recent Opportunity Zones Coalition letter requesting guidance from the Treasury Department and IRS concerning opportunity zones [5:01]. He wraps up this week's episode with a roundup of other industry headlines [9:31].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an announcement from the CDFI Fund on issues with its Community Investment Impact System [1:59]. Then, he provides an update on the status of Republican plans to roll out a second round of proposed tax cuts [2:37]. After that, he shares how a proposal by the Trump administration to reorganize federal agencies could affect departments that administer housing and community development programs [4:18]. He also has a brief recap of the HUD oversight hearing last week for the House Financial Services Committee and discusses a new bill to restore HUD fair housing tools [6:56]. Then, he discusses a quick update on the nomination of a new IRS commissioner [7:43]. He wraps wrap up the episode with a roundup of industry headlines related to opportunity zones and the wind production tax credit [8:19].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an update on legislation to cut funding for critical affordable housing and community development programs [2:18]. After that, he discusses a Senate committee hearing to consider the nomination of Charles Rettig as the next IRS commissioner [3:41]. Then, he talks about a bill advanced by the Senate Appropriations Committee to provide fiscal year 2019 appropriations for financial services and general government appropriations [5:14], followed by highlights from the annual State of the Nation's Housing report [6:21]. In renewable energy news, he outlines new guidance from the IRS on begin-construction requirements (Notice 2018-59) for the investment tax credit [8:33]. He wraps up this week's episode with a roundup of other industry headlines related to opportunity zones, fair housing and a Massachusetts State Supreme Court ruling on a nonprofit's right of first refusal to purchase a low-income housing tax credit property [9:53].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the latest news on reforming the Community Reinvestment Act [2:10] and some recommendations for the IRS on clarifying income-averaging requirements [3:33]. He also discusses the final round of opportunity zones designations [4:45] and the recently updated opportunity zones frequently asked questions page [5:27]. He also talks about a new bill that could help strengthen the federal historic tax credit [7:32] and he'll have an update on efforts to increase appropriations for the CDFI Fund [9:14]. Finally, he shares a roundup of other industry headlines, including news about Section 8 renewal funding inflation factors, the 2018 round of the CDFI Bond Guarantee program and more [10:02].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares some insights from the NMTC Coalition's Bob Rapoza on a possible vehicle for new markets tax credit extender legislation. He also provides updates on the recently revised new markets tax credit allocation application and FAQs document. After that, he discusses the Senate Appropriations Committee's Transportation-HUD funding bill and efforts by a House Democratic group to increase affordable housing funding. Finally, he shares some news on Housing Trust Fund allocations and new guidance on California's state low-income housing tax credit.

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses a revised low-income housing tax credit Form 8609 that reflects the new income averaging minimum set aside [2:04], as well as how a change in Missouri's state leadership can affect the state's low-income housing tax credit and historic tax credit [4:27]. He also talks about changes to the Community Reinvestment Act suggested by a group of Democratic senators [8:08]. Then, he briefly touches on the status of a HUD appropriations bill for 2019 [9:29]. After that, he shares some other affordable housing, community development and historic preservation headlines from the past week [10:48].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about Brian Montgomery's confirmation as Federal Housing Administration commissioner [2:15]. He also shares details about the recently enacted banking regulatory reform bill (S. 2155) [3:50], about a recent hearing on reforming Fannie Mae and Freddie Mac [5:26], and shares information on a fiscal year 2019 financial services appropriations bill [7:07]. After that, he discusses some important news about the new markets tax credit allocation electronic application. And from there, he provides information about a couple of Financial Services Committee bills and about HUD Capital Fund allocations. He closes with an update on Colorado's state low-income housing tax credit [8:26].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares some insights from the25th Annual Novogradac Affordable Housing Conference last week [2:41]. Then, he talks briefly about the latest opportunity zone designations [4:50]. After that, he goes over the Housing Choice Voucher Mobility Demonstration Act of 2018 (H.R. 5793) [5:39], some fair housing announcements from HUD [7:10] and a couple of upcoming hearings on tax reform and housing finance reform [7:55]. Then, he shares some state-level news on the Wisconsin state low-income housing tax credit and the Missouri state historic tax credit, as well as an affordable housing resident report [8:52].

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, tells listeners what they need to know about the new markets tax credit application period that opened last week [1:22]. He also shares some news about legislation introduced last week to rescind more than $15 billion in budget authority and explains how it affects some housing and community development programs [4:51]. The he discusses an upcoming tax reform hearing [7:37]. After that, he shares some news about fair housing, the 2018 round of the Capital Magnet Fund and the latest qualified equity investment issuance report [9:57].