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In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners about three new tax reform letters from Senators and on congressional activities. In low-income housing tax credit news, he analyzes the proposed fiscal year 2014 Fair Market Rents and alerts listeners to a lack of funding for the Section 521 Rental Assistance program. In new markets tax credit news, he reminds listeners of upcoming 2013/2014 allocation round deadlines and the release of the electronic application, as well as discusses the latest qualified equity investment issuance report, including a recent change to the information included in the monthly report. In historic tax credit news, he discusses legislation to incentivize installing elevators and sprinklers in historic buildings, provides state level updates from North and South Carolina, and informs listeners about a National Park Service video about the historic tax credit program. In renewable energy tax credit news, he reveals the results of an American Wi

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses lawmakers' responses to Sens. Max Baucus and Orrin Hatch's request for tax reform proposals, a Treasury Inspector General for Tax Administration audit of the potential for improper or fraudulent bond tax credit claims and upcoming legislative deadlines. In low-income housing tax credit news, he alerts listeners to legislation introduced to make permanent a fixed floor for the 9 percent and 4 percent tax credits and to increase LIHTC allocations to tribal areas, as well as the U.S. Department of Housing and Urban Development's release of its proposed fiscal year 2014 fair market rents. In historic tax credit news, he reveals the results of the National Park Service and Rutgers University's 2012 report on the use of HTCs and Vermont's award of its 2014 Downtown Historic Tax Credits. In new markets tax credit news, he encourages listeners to sign on to the New Markets Tax Credit Coalition's advocacy letter to support the NMTC progra

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners about House Ways and Means Committee Chairman Dave Camp and Senate Finance Committee Chairman Max Baucus's tax reform tour and 18 Senators' responses to the call for proposals, as well as industry groups' responses to those proposals. In new markets tax credit news, he alerts listeners to the opening of the 2013 and 2014 allocation rounds. In historic tax credit news, he discusses a conservation easement case and legislation introduced to make the conservation easement incentive permanent, and he announces the reinstatement of Rhode Island's historic preservation tax credit. In low-income housing tax credit news, he discusses the U.S. Department of Housing and Urban Development's first major change to the HOME program since 1996. In renewable energy tax credit news, he alerts listeners to a Senate committee hearing on principles for energy tax reform, an update on renewable energy generation as compared to conventional en

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, provides updates on tax reform and the debt ceiling. In new markets tax credit news, he reminds listeners that the 11th round of new markets tax credit allocations is expected to open soon. In renewable energy tax credit news, he alerts listeners to the House version of the Biomass Thermal Utilization Act of 2013. In low-income housing tax credit news, he discusses Democrats housing finance reform principles and new U.S. Department of Housing and Urban Development fair housing rules. In historic tax credits, he recaps use of the Missouri state historic tax credit in fiscal year 2013 and calendar year 2012

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, encourages listeners to sign on to organizational support letters for the low-income housing tax credit and new markets tax credit. In low-income housing tax credit news, he alerts listeners to a survey on the LIHTC program that the Community Development Department at the Federal Reserve Bank of St. Louis is conducting and to the Federal Housing Administration's recently announced priorities for its remaining fiscal year 2013 multifamily commitment authority. In new markets tax credit news, he shares the recipients of the fourth round of the state's new markets tax credits and he encourages the public to provide input to the NMTC Working Group. In historic tax credit news, he reports additional support for The Rural Heritage Conservation Act of 2013 (S. 526) and he reminds listeners to nominate projects for the Journal of Tax Credits Historic Rehabilitation Awards.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the kickoff of House Ways and Means Committee Chairman Dave Camp and Senate Finance Committee Chairman Max Baucus's tax reform tour and the soon-to-be-implemented Basel III regulations. In new markets tax credit news, he shares recently released data from the Community Development Financial Institutions Fund about NMTC projects through 2011 and an update on the NMTC market and credit pricing. In historic tax credit news, he alerts listeners to an upcoming meeting of the Advisory Council on Historic Preservation and to an increase in areas eligible for the New York historic tax credit. In low-income housing tax credit news, he tells listeners about a Novogradac and Company Year 15 webinar and a new bridge and construction loan program for multifamily properties in Kentucky. In renewable energy tax credit news, he discusses the recently introduced Qualifying Renewable Chemical Production Tax Credit Act of 2013 (S. 1267) and an Amer

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses proposed "blank slate" tax reform and the upcoming dates for Congress. In renewable energy tax credit news, he covers the Prioritizing Energy Efficient Renewables (PEER) Act, which would permanently extend the production tax credit, and the Solar Uniting Neighborhoods (SUN) Act, which would make solar systems installed off-site eligible for the residential renewable energy tax credit. In historic tax credit news, he alerts listeners to upcoming National Park Service's Technical Preservation Services educational webinars and the potential reinstatement of Rhode Island's historic tax credit. In low-income housing tax credit news, he discusses an annual housing report from the Harvard Joint Center for Housing Studies and what's next for the farm bill in the House. In new markets tax credit news, he alerts listeners to CDFI Bond Guarantee Program update, including new information sessions and legal documents.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses building momentum for tax reform and what may need to happen for tax reform to be successful this year. In historic tax credit news, he alerts listeners to the reintroduction of the Creating American Prosperity Through Preservation Act, or CAPP Act, as well as an update on promised guidance from the Internal Revenue Service on safe harbor for HTC transactions. In low-income housing tax credit news, he explores a final rule that the U.S. Department of Housing and Urban Development has issued on the Section 202 and Section 811 programs and how that affects LIHTC properties. In new markets tax credit news, he alerts listeners to a conference recording of the Novogradac Spring New Markets Tax Credit Conference, this month's Qualified Equity Investment Issuance Report and a correction from Treasury about the master servicer/trustee application for the CDFI Bond Guarantee Program.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the comment letters submitted in response to the Financial Accounting Standards Board's exposure draft of the proposed accounting standards update regarding affordable housing investments. In new markets tax credit news, he alerts listeners to a bill to make the new markets tax credit permanent and to the launch of the CDFI Bond Guarantee program. In historic tax credit news, he discusses an extension of Louisiana's historic tax credit and reminds listeners that there is still time to nominate projects for the Novogradac Journal of Tax Credits Historic Rehabilitation Awards. In low-income housing tax credit news, he invites listeners to Novogradac's first Nonprofit Developers Conference and updates them on the fiscal year 2014 farm bill, which includes a rural status provision. In renewable energy tax credit news, he talks about the Solar Energy Industries Association's Q1 2013 report on solar energy installed and a Nebraska sale

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the start of the fiscal year 2015 budget process and two Congressional hearings: a House Financial Services Committee hearing on alternative housing finance models and a Ways and Means Committee hearing on tax reform. In new markets tax credit news, he alerts listeners to the end of the census tract transition period and the New Markets Tax Credit Coalition's 2013 NMTC Progress Report. In renewable energy tax credit news, he tells listeners about the National Renewable Energy Laboratory 2012 Utility Green Power Leaders. In historic tax credit news, he reminds listeners that there is still time to nominate developments for the Novogradac Journal of Tax Credits Historic Rehabilitation Awards. In low-income housing tax credit news, he reports on the National Association of Home Builders annual legislative conference at which more than 750 builders urged Congress to support policies that sustain the housing recovery and increase the

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, in new markets tax credit news, discusses non-real estate investment guidance from the Internal Revenue Service and encourages people to send their comments on the new markets tax credit to TaxReform.gov. In historic tax credit news, he explains a bill introduced to expand and increase the historic tax credit and a Texas historic tax credit bill that has been sent to the governor, as well as a report on the benefit of the historic tax credit in Montana. In low-income tax credit news, he alerts listeners to the IRS's suspension of certain requirements in Oklahoma and to a new tool to evaluate syndicators. In renewable energy tax credit news, he covers the recently introduced Storage Technology for Renewable and Green Energy Act, which would create a 30 percent tax credit for technologies that store energy from renewable sources for use during offpeak hours.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a bipartisan bill for Hurricane Sandy tax relief. In historic tax credit news, he updates listeners to the Supreme Court's recent decision on the Historic Boardwalk Hall case and on state-level tax credits from Louisiana, Minnesota and Missouri, as well as alerts listeners to a letter from members of urging the Internal Revenue Service to issue guidance on historic tax credit partnerships and. In new markets tax credit news, he tells listeners about the Louisiana New Markets Job Act. In low-income housing tax credit news, he reminds listeners of the Financial Accounting Standards Board Emerging Issues Task Force's upcoming deadline for comments on proposed accounting changes for the low-income housing tax credit and alerts them to a Massachusetts housing bond bill that is advancing through the state house. In renewable energy tax credit news, he discusses a report from the Solar Energy Industries Association on the Department of

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses doubts raised about tax reform in the wake of recent scandals at the Internal Revenue Service, a Senate Finance Committee paper that details tax reform options and a House Ways and Means Committee hearing on small business tax reform. In historic tax credit news, he tells listeners about a National Park Service report commemorating the 35th anniversary of the historic tax credit program, the recently enacted Alabama historic tax credit program and the possible reestablishment of the Rhode Island historic tax credit. In low-income housing tax credits, he reports on a Center for Housing Policy report that found that the low-income housing tax credit promotes the interests and wellbeing of children. In new markets tax credit news, he discusses Louisiana state tax credits that avoided the chopping block.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, announces the Senate Finance Committee, House Ways and Means Committee and Joint Committee on Taxation's launch of TaxReform.gov, a new website dedicated to obtaining public input about tax reform, and announces a Ways and Means Select Revenue Measures Subcommittee hearing about the small business and pass-through entity tax reform discussion draft, as well as a few other congressional committee meetings, and a reminder about the debt ceiling. In new markets tax credit news, he reports on the potential introduction of legislation to make the new markets tax credit permanent and describes a Texas bill to create a new markets tax credit program in that state. In historic tax credit news, he relays Rep. Niki Tsongas's call for guidance on the historic tax credit program, and alerts listeners to bills that would affect state-level programs in Missouri and Iowa. In low-income housing tax credit news, he alerts listeners to Novogradac and Compan

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a recent Joint Committee on Taxation Report and its implications for tax credit programs. In new markets tax credit news, he discusses the 2012 allocation agreement template and the latest qualified equity investment issuance report. In historic tax credit news, he alerts listeners to upcoming safe harbor guidance from the Internal Revenue Service. In low-income housing tax credit news, he covers the National Housing Council's Center for Housing Policy's 2013 Housing Landscape report and the search for a new executive director of the Texas Affiliation of Affordable Housing Providers. In renewable energy tax credit news, he discusses the U.S. Department of the Treasury's annual report on the Section 1603 program.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses tax reform, the retirement of Senate Finance Committee Chairman Max Baucus and residential real estate. In new markets tax credit news, he announces the results of the 2012 allocation round. In lowincome housing tax credit news, he discusses a recent House Ways and Means Committee on tax reform and residential real estate. In renewable energy tax credit news, he alerts listeners to additional binding written contract guidance from the Internal Revenue Service and the reintroduction of the Master Limited Partnerships Parity Act. In historic tax credit news, he provides an update on the Historic Boardwalk Hall case and information from the National Park Service's Federal Tax Incentives for Rehabilitating Historic Buildings Annual Report for Fiscal Year 2012.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a letter that representatives have sent House Speaker John Boehner a letter urging Hurricane Sandy relief, as well as an updated Simpson-Bowles deficit plan and a Ways and Means Committee hearing on residential real estate and tax reform. In renewable energy tax credit news, he alerts listeners to long-awaited Internal Revenue Service guidance on when projects have "begun construction" for investment tax credit and production tax credit purposes, and alerts listeners to the reintroduction of the Security in Energy and Manufacturing Act (SEAM) Act and the Make It in America: Create Clean Energy Manufacturing Jobs in America Act. In low-income housing tax credit (LIHTC) news, he discusses the Financial Accounting Standards Board Emerging Issues Task Force proposed changes to LIHTC-related GAAP rules and Standard & Poor's proposed changes to how it rates multifamily housing bonds. In new markets tax credit news, he discusses the Sen

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses provisions related to the low-income housing tax credits, new markets tax credits and renewable energy tax credit in President Obama's proposed fiscal year 2014 budget. In other low-income housing tax credit news, he discusses a new qualified allocation plan for the Northern Mariana Islands. In other new markets tax credit news, he discusses guidance from the Community Development Financial Institutions Fund on reporting project information for projects involving multiple community development entities. In historic tax credit news, he discusses a proposed change to conservation easement rules that was included in the President's budget proposal and the progress of a state historic tax credit bill in Indiana.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the upcoming release of the president's fiscal year 2014 budget, several congressional committee hearings and the postponement of a U.S. Department of Housing and Urban Development meeting. In low-income housing tax credit news, he analyzes the FY2013 tax credit allocations and a National Council of State Housing Agencies report on LIHTC Utilization, as well as alerts listeners to an impending audit of Missouri's LIHTC program. In historic tax credit news, he shares the latest developments about an Alabama state HTC program. In new markets tax credit news, he reveals the Community Development Financial Institutions Fund's latest qualified equity investment issuance report. In renewable energy tax credit news, he alerts listeners to the recently issued section 45 reference rates

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, reminds listeners about President Obama's soon-to-be-released fiscal year 2014 budget and upcoming congressional hearings and alerts listeners to a potential change in the business interest deduction and an upcoming U.S. Department of Housing and Urban Development oversight hearing. In low-income hosing tax credit news, he discusses Novogradac & Company's new analysis of the effect of tax reform on the LIHTC and provides some preliminary analysis about the 2013 population figures released last week. In historic tax credit news, he covers the latest in the Historic Boardwalk Hall case and an extension of the New York HTC program. In new markets tax credit news, he discusses bills in California and Arkansas that would create statelevel NMTC programs. Finally, in renewable energy tax credit news, he discusses a recent audit of the advanced energy manufacturing tax credit and a rulemaking hearing for Oregon's business energy tax credit.