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Novogradac Journal of Tax Credits Volume 14 Issue 12

Abridged version of the December 2023 issue of the Novogradac Journal of Tax Credits. For more content, please subscribe to the Journal.

Journal Cover December 2023

Articles

Nick DeCicco

Friday, December 8, 2023

The possibilities presented in the 2022 Inflation Reduction Act (IRA) for renewable energy tax credits (RETCs) continue to evolve from concept to reality and the industry is adapting, said speakers during the Monetizing Tax Credits: Tax Equity, Transferability, More panel Nov. 2 at the Novogradac 2023 Fall Renewable Energy and Environmental Tax Credits Conference.

Teresa Garcia

Thursday, December 7, 2023

The new markets tax credit (NMTC) had a strong year for investment activity in 2023, with investors predicting more than $4 billion in qualified equity investment (QEI) issuance by year-end. Looking ahead at 2024, investors expect another busy year for the NMTC as demand for the community development tax credit continues to outpace supply.

Thomas Stagg

Wednesday, December 6, 2023

The U.S. Census Bureau released data in September showing one of the strongest periods of growth in the history of the American Community Survey (ACS) data, with national median income up 7.39%.

Nick DeCicco

Wednesday, December 6, 2023

Building multifamily properties that function as touch points in a larger community ecosystem drive investing in qualified opportunity funds (QOFs), said participants in the QOF-y Talk panel Nov. 1 at the Novogradac 2023 Fall Opportunity Zones Summit.

Michael J. Novogradac

Monday, December 4, 2023

Over the past few years, community development stakeholders have been anxiously awaiting revisions to the Community Reinvestment Act (CRA) regulations, fearing that the elimination of the investment test would adversely affect the tax credit equity investment market. CRA regulations outline the rules bank regulators follow to rate how well banks are addressing the needs of the communities they serve, particularly low- and moderate-income (LMI) households.


News Briefs

Friday, December 8, 2023

New markets tax credits news briefs for December 2023 from the CDFI Fund, the state of Wisconsin and the Economic Opportunity Coalition.

Friday, December 8, 2023

Historic tax credits news briefs for December 2023, with updates from Montana, Colorado and Maryland.

Friday, December 8, 2023

Renewable energy tax credits news briefs for December 2023, with updates from the Department of Energy, Texas and Alaska.

Thursday, December 7, 2023

U.S. Department of Housing and Urban Development news briefs for December 2023 about the Green and Resilient Retrofit program and small area fair market rents.

Wednesday, December 6, 2023

Propert compliance news briefs for December 2023 from California and Iowa.

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