Recording of The American Recovery and Reinvestment Act of 2009 Webinar

Information

This event was recorded live 10:00 a.m. to 12:00 p.m. Pacific Standard Time, on February 25, 2009. Upon registering, a link to the recorded webinar will be emailed to you.

The American Recovery and Reinvestment Act of 2009 looks to give the new markets (NMTC), renewable energy (RETC) and low-income housing (LIHTC) tax credit programs a boost, some more beneficial than others. Hear how the $787 billion economic stimulus package will affect the three industries and listen as Michael J. Novogradac, managing partner in the San Francisco office of Novogradac & Company LLP talks you through the pluses and minuses:

• • the additional $1.5 billion allotted for the 2008 new markets tax credit allocation round and an additional $1.5 billion for the 2009 allocation round
• • the extension of the placed in service date for wind through December 31, 2012 and through December 31, 2013 for certain other qualifying facilities
• • temporary permission to elect the investment tax credit in lieu of the production tax credit
• • the LIHTC exchange provision and $2 billion gap filler