A Novogradac special report released today examines the implications of a Democratic sweep of the House of Representatives, Senate and White House in November’s election. “Blue Wave Effects: What a Democratic Sweep Could Mean for Affordable Housing, Community Development, Renewable Energy and Historic Preservation” describes what might be in store for general tax policy should there be a Democratic sweep, as well as current and proposed tax-incentive provisions for affordable housing and community development, budgeting and regulatory issues. The report also explores key Senate races and analyzes which Senators could be most influential in 2021, as well as what issues would be at the forefront should Joe Biden win the presidency and the Democratic Party control both the House and Senate. Michael Novogradac, CPA, the report’s lead author, wrote a blogpost that shares some insights from the report.

The topics covered in the report will be discussed in depth at the Novogradac 2020 Historic Tax Credit Virtual Conference Thursday and Friday, the Novogradac 2020 Credit and Bond Financing for Affordable Housing Virtual Conference Oct. 1-2 and other upcoming Novogradac conferences.