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In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the second House Ways and Means Committee's tax extenders markup. In low-income housing tax credit news, he discusses recent changes to the U.S. Department of Housing and Urban Development's accessibility standards, as well as the latest effort in Oklahoma to create a state low-income housing tax credit program. He also shares have news from Colorado regarding the reenactment of the Colorado state LIHTC. In new markets tax credit news, he alerts listeners to Novogradac & Company's upcoming new market tax credit conference and an opportunity to nominate community development entities for this year's Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards. He also shares the latest rumors about the announcement of the 2013 NMTC allocations. In historic tax credit news, he shares the governor of North Carolina's plan to replace the state's expiring historic tax credit program with a comparable program and a

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses President Obama's official nomination of Shaun Donovan to lead the Office of Management and Budget and Julian Castro to lead the U.S. Department of Housing and Urban Development; he also provides an update on the EXPIRE Act. In new markets tax credit news, he shares the names of five new cosponsors for the New Markets Tax Credit Extension Act, testimony on the president's proposed budget for the Community Development Financial Institutions Fund and the name of a new qualified issuer for the CDFI Bond Guarantee program. In this week's lowincome housing tax credit section, he summarizes legislation introduced that would create a permanent tax rate floor for both the 9 percent and 4 percent low-income housing tax credits, and discusses fiscal year 2015 funding for rural housing and the Department of Housing and Urban Development, and an increase in compliance fees in Louisiana. In historic tax credit news, he shares a report that su

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses possible changes in leadership at the U.S. Department of Housing and Urban Development and the Office of Management and Budget, and provides an update on tax extenders legislation. In new markets tax credit news, he shares a new guide from Federal Deposit Insurance Corporation that helps community banks identify and evaluate opportunities to partner with Community Development Financial Institutions, the opening of the 2014 application round for the Bond Guarantee program and two new cosponsors for the New Markets Tax Credit Extension Act. In this week's low-income housing tax credit news, he summarizes a talk that Federal Housing Finance Agency Director Mel Watt gave last week about the future of Fannie Mae and Freddie Mac. In renewable energy tax credit news, he shares a report from the Lawrence Berkeley National Laboratory that explores three different scenarios for making the most of renewable energy tax credits. In historic t

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest developments in Congress to extend expired and expiring tax provisions. In new markets tax credit news, he reviews the most recent Qualified Equity Investment Issuance Report, updates listeners about the status of the 2013 allocation round and discusses an Enterprise Community Partners report about the role of new markets tax credits in bringing healthy food options to lowincome communities. In low-income housing tax credit news, he shares the latest information about S. 1217, the Johnson-Crapo bill that would eliminate Fannie Mae and Freddie Mac, alerts listeners to property compliance training opportunities and details a bill in Louisiana that could negatively affect low-income housing tax credit properties. In historic tax credit news, he reviews the fiscal year 2015 appropriations to the Historic Preservation Fund and describes changes to the Alabama historic tax credit program. In renewable energy tax credit news,

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a House Ways and Means Committee mark up of several bills that are part of the tax reform package, and potential changes to the generally accepted accounting principles for tax credit investments. In new markets tax credit news, he shares a report from the Wisconsin Housing and Economic Development Authority about how tax credit projects have provided jobs and support to emerging businesses, and discusses a new Mississippi law that requires the state to evaluate the effectiveness of its tax incentive programs. In low-income housing tax credit news, he addresses the cancelation of a mark up of the Johnson-Crapo bill, as well as reveals the results of a Government Accountability Office report on the Rental Assistance Demonstration program. In historic tax credit news, he shares good news about an extension of the Mississippi historic tax credit program and information about an Iowa bill that would improve the use of the state's his

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses new Community Reinvestment Act guidance from the Office of the Comptroller of the Currency and a new score for the president's fiscal year 2015 budget from the Congressional Budget Office, and shares the results of Novogradac & Company's analysis of the National Disaster Tax Relief Act. In low-income housing tax credit news, he discusses a report from Moody's Investment Service that found that housing finance agency multifamily programs remained strong and profitable through 2013. In new markets tax credit news, he invites listeners to attend the Novogradac New Markets Tax Credit Spring Conference this June and alerts them to a temporary shutdown of the CDFI Fund website. In historic tax credit news, he shares a report about the disposal of historic post office buildings and reminds listeners about the opening of Pennsylvania's historic tax credit program. In renewable energy tax credit news, he provides a recap of the Novogradac

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses legislation that would extend the New Markets Tax Credit program for one year and enable military families to exclude their basic housing allowance from income when calculating their eligibility for lowincome housing tax credit units in certain areas. In new markets tax credit news, he invites listeners to participate in the New Markets Tax Credit Working Group's activities. In low-income housing tax credit news, he shares information about legislation that would create a renter's tax credit and a plan in California that could direct billions of dollars to transit-oriented development. In historic tax credit news, he shares an update about the Mississippi historic tax credit. In renewable energy tax credit news, he alerts listeners to proposed extensions of the production and investment tax credits.

In this week's Tax Credit podcast, Michael J. Novogradac, CPA, discusses new legislation that would increase tax credits for areas recently affected by natural disasters, and he updates listeners about Ways and Means tax reform hearings and the House of Representatives' passage of a fiscal year 2015 budget. In new markets tax credit news, he shares legislation from Kentucky that has doubled the amount of credit available through the state's new markets tax credit program. In low-income housing tax credit news, he discusses the reorganization of the U.S. Department of Housing and Urban Development's Office of Multifamily Housing and a report on low-income housing tax credit housing in Nevada. In historic tax credit news, he shares information about legislation that would make it easier for large, multiphase projects to claim the Maine historic tax credit. In renewable energy tax credit news, he comments on ongoing issues surrounding the sequestration cuts to the Section 1603, Grants for Specified Energy Proper

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a Senate Finance Committee tax extenders package, a House Ways and Means Committee hearing on tax reform and a House Budget Committee fiscal year 2015 budget proposal. In low-income housing tax credit news, he discusses the latest Low-Income Housing Credit Newsletter from the IRS and update listeners on a bill that would create a state low-income housing tax credit in Oklahoma. In new markets tax credit news, he covers legislation that would make permanent the New Markets Tax Credit program, as well as the latest Qualified Equity Investment Issuance Report from the CDFI Fund. In historic tax credit news, he shares information about changes to the historic tax credit program application and fee payment method. In renewable energy tax credit news, he shares the results of an audit of the Section 48C, the Qualifying Advanced Energy Project Credit, a report on the energy marketplace and two Iowa renewable energy tax credit bills.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest in the tax reform and tax extenders debate, and reminds listeners about the effective date of the final Volcker rule. In low-income housing tax credit news, he discusses updated investment guidance on the Low-Income Housing Tax Credit program from the Office of Comptroller of the Currency, another housing finance reform bill, a report that compares average rents to average wages and a Georgia bill that would create more favorable property tax assessment rules for LIHTC properties. In new markets tax credit news, he discusses a report on the Capital Magnet Fund and a bill that would change Ohio's new markets tax credit program. In historic tax credit news, he shares the results of an audit of Missouri's historic tax credit program. In renewable energy tax credit news, he reminds listeners about the upcoming San Francisco Renewable Energy Conference.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, explores tax extender legislation and a request from the Treasury and Internal Revenue Service for suggestions on priority guidance in 2014 and 2015. In low-income housing tax credit news, he discusses an audit of New Mexico's management of Section 1602 tax credit exchange program funds and the U.S. Department of Agriculture's plan for implementing the new definition of "rural." In new markets tax credit news, he discusses a call from Sen. Sherrod Brown of Ohio to extend the New Markets Tax Credit program and set aside funds specifically for communities affected by manufacturing job losses, and shares a letter about the New Markets Tax Credit program application process that the New Markets Tax Credit Working Group sent to the CDFI Fund. In historic tax credit news, he has information about a Mississippi bill that would have extended the state's historic tax credit program and an Indiana bill that orders a state commission to compare the e

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, explores possible successors to House Ways and Means Committee Chairman Dave Camp and potential reform at Fannie Mae and Freddie Mac. In low-income housing tax credit news, he discusses legislation that would alter tenant eligibility rules for low-income housing tax credit housing, legislation to create a low-income housing tax credit in Washington, D.C. and an audit of Missouri's low-income housing tax credit program. In new markets tax credit news, he alerts listeners to a recent job announcement from the Community Development Financial Institutions Fund and a letter from the New Markets Tax Credit Coalition that asks congressional leaders to extend the program. In historic tax credit news, he shares information about the National Park Service's annual report on the historic tax credit program, an Advisory Council on Historic Preservation report on protecting cities as they adjust to the changing economy, an update on potential Tennessee

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses President Obama's fiscal year 2015 budget proposal and discuss possible candidates for the next House Ways and Means Committee Chairman. In low-income housing tax credit news, he discusses the U.S. Department of Housing and Urban Development and low-income housing tax credit provisions in the president's budget, as well as legislation that would create an Oklahoma lowincome housing tax credit. In new markets tax credit news, he shares the president's plans for the new markets tax credit program and a new tax credit program, as well as the latest Qualified Equity Investment Issuance Report and a request for information about community development entities' 2013 new markets tax credit program activities. In historic tax credit news, he shares information about a sign-on letter sent in response to Rep. Camp's proposal to eliminate the historic tax credit, information about conservation easements from the FY 2015 budget proposal and

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses House Ways and Means Committee Chairman Dave Camp's release of a discussion draft of tax code reform proposals and a little about the fiscal year 2015 budget. In low-income housing tax credit news, he analyzes the calendar year 2014 population estimates, discusses the extension of the Physical Inspection Pilot program and alerts listeners to changes in Ohio's policies for change of management or ownership of LIHTC properties. In new markets tax credit news, he alerts listeners to a change in the amount of allocation authority the Community Development Financial Institutions Fund will award this year. In historic tax credit news, he discusses a recent U.S. Tax Court case in which the court ruled that a state tax credit transaction was a disguised sale. In renewable energy tax credit news, he shares responses from the U.S. Department of the Treasury about the possibly of using investment or production tax credits to offset lower am

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a memo from Ways and Means Committee Chairman Dave Camp about tax reform legislation that he plans to introduce this week. In low-income housing tax credit news, he shares an update about the Neighborhood Stabilization program, the latest about the Colorado low-income housing tax credit and a call for entries in Charles L. Edson Tax Credit Excellence Awards. In historic tax credit news, he alerts listeners to an upcoming Advisory Council on Historic Preservation meeting and changes to legislation that would create a Nebraska historic tax credit. In renewable energy tax credit news, he shares information about the Novogradac Renewable Energy Conference. In new markets tax credit news, he reminds listeners about a sign-on letter from the New Markets Tax Credit Coalition that requests an extension of the program and a request for comments on the NMTC program allocation application from the Community Development Financial Institution

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest periodic raising of the debt limit, the Congressional Budget Office's Budget Outlook 2014-2024, Sen. Ron Wyden's takeover of the Senate Finance Committee and tax reform. In low-income housing tax credit news, he alerts listeners to congressional efforts to reform Freddie Mac and Fannie Mae and an upcoming Novogradac & Company LIHTC compliance webinar. In new markets tax credit news, he encourages listeners to sign on to a letter from the NMTC Coalition that asks Congress to extend the new markets tax credit, and he shares information about a new co-sponsor for the New Markets Tax Credit Extension of 2013 (S. 1133) and a plan to double the Kentucky new markets tax credit. In renewable energy news, he discusses the introduction of the Renewable Energy Parity Act of 2014 (S. 2003). In historic tax credit news, he shares the results of a report about the use of state historic tax credits in Virginia.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest about the debt limit and the confirmation of Sen. Max Baucus as the next U.S. ambassador to China and what it might mean for tax reform. In new markets tax credit news, he shares news about legislation that would permanently extend the New Markets Tax Credit program, a report on the Community Development Financial Institutions Fund's release of comments on its Community Investment Impact System and compliance reporting, and February's Qualified Equity Investment Issuance Report. In our low-income housing tax credit news, he covers the passage of the Agriculture Act of 2014 and an additional co-sponsor of the Low-Income Housing Tax Credit Rate Act. In renewable energy tax credit news, he shares the results of a report from the Treasury Inspector General for Tax Administration about potential double dipping in the Section 1603 grant program and a report from the American Wind Energy Association about activity in the wind

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses President Obama's State of the Union address, the fiscal year 2015 budget and another call from lawmakers for tax extenders legislation. In low-income housing tax credit news, he shares a letter that 33 Democratic senators sent to Federal Housing Finance Agency Director Mel Watt asking Watt to begin contributing to the National Housing Trust Fund and the Capital Magnet Fund, as well as a proposed state low-income housing tax credit in Colorado. In historic tax credit news, he shares a report from an Oregon historic preservation advocacy group that shows the impact a state historic tax credit could have for cities and towns throughout the state. In renewable energy tax credit news, he discusses calls for production tax credit and investment tax credit extensions from the Advance Energy Economy and the Center for the New Energy Economy at Colorado State University, and a report from the Solar Foundation that cites the number of job

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a letter from Treasury Secretary Jacob Lew that asks Congress to address the debt limit before Treasury once again has to use extraordinary measure to keep the country funded; reveal information about a one-month delay of the release of the President's fiscal year 2015 budget and remind listeners about the 2014 State of the Union address; and share thoughts about extenders legislation. In low-income housing tax credit news, he alerts listeners to the release of a report from Enterprise Community Partners and the Urban Land Institute that examines the cost of building affordable housing and shares a request for comments about setting a baseline for renewable energy capacity at public housing units and multifamily housing portfolios from the U.S. Department of Housing and Urban Development. In historic tax credit news, he has information about more than $2.2 million in historic preservation grants that the National Park Service has

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the federal fiscal year 2014 budget, tax extenders and a request from nearly 30 congressional representatives to hold hearings on poverty in America. In low-income housing tax credit news, he alerts listeners to the release of Accounting Standards Update No. 2014-01, which contains the new guidelines for accounting for low-income housing tax credit investments, and discusses a letter to Sen. Max Baucus from the LIHTC Working Group that addresses his proposed tax reform measures. In historic tax credit news, he shares information about a new Section 106 toolkit from the Advisory Council on Historic Preservation and recaps a Cincinnati event that highlighted the use of Ohio's state historic tax credits. In renewable energy tax credit news, he has an update on Oregon's Business Energy Tax Credit program. In new markets tax credit news, he shares a request from the CDFI Fund for comments about the New Markets Tax Credit program appli