Tax Credit Tuesday Podcasts

Each Tax Credit Tuesday, Novogradac & Company LLP's audio broadcast offers an in-depth weekly look at tax credit topics. A new episode is posted here and on the RSS Feed by 1 p.m. Pacific Time every Tuesday.

Published by Michael Novogradac on April 20, 2021

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, Peter Lawrence, Novogradac’s director of public policy and government relations and Karen Destorel, Novogradac’s tax policy research associate, discuss the Affordable Housing Credit Improvement Act (AHCIA) of 2021. They focus on the provisions in the bill, looking at the history of the legislation, as well as provisions directed at production/preservation, financial feasibility and affordable housing rental policy.

Published by Michael Novogradac on April 13, 2021

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Thomas Stagg, CPA, discuss HUD income limits for fiscal year 2021. They discuss income limits basics, year-over-year income limits changes and factors that can affect future income limits, including the effects of the pandemic.

Published by Michael Novogradac on April 6, 2021

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Amanda Read, CPA, discuss community development financial institutions (CDFIs) and the Capital Magnet Fund (CMF), including explanations of each. They discuss how to apply for the CMF, how the CMF interacts with tax incentives, what CMF applicants should be doing now, what makes a successful CMF application and how previous applicants should look at their experience. They also discuss the interaction between CDFIs and the Federal Home Loan Bank.

Published by Michael Novogradac on March 30, 2021

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Brad Elphick, CPA, discuss equity pricing for new markets tax credits (NMTCs), what factors are involved and what businesses and community development entities (CDEs) should do to address issues that arise out of lower NMTC equity pricing. They also compare the prices to those during the Great Recession, discuss the impact of the five-year extension of the NMTC and look at the importance of knowing the “language” of NMTCs.

Published by Michael Novogradac on March 23, 2021

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Craig Staswick, CPA, discuss cost segregation studies, including why they have become more popular in recent years, when and why low-income housing tax credit (LIHTC) stakeholders should start considering the studies, how cost segregation studies can accelerate depreciation deductions and what’s involved in the studies. They also discuss the future of the studies, how cost segregation studies apply to non-LIHTC properties and more.

Published by Michael Novogradac on March 16, 2021

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Brad Weinberg, MAI, CVA, CRE, discuss rent reasonableness determinations and rent comparability studies, including how public housing authorities (PHAs) can benefit from them, what considerations go into rent reasonableness determinations and how the COVID-19 pandemic has affected rental trends in the United States. They also discuss how a PHA should evaluate a service provider, the intersection of Section 8 and low-income housing tax credit (LIHTC) properties in rent reasonableness determinations and more.

Published by Michael Novogradac on March 9, 2021

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Christina Apostolidis, CPA, discuss several legislative and regulatory tax changes that took effect over the past few years of which owners and investors in low-income housing tax credit (LIHTC) and tax-exempt bond financed properties need to be aware. They discuss the consequences of those changes, as well as strategic planning opportunities presented.

Published by Michael Novogradac on March 2, 2021

The use of 4% low-income housing tax credits and private activity bonds for the construction and rehabilitation of affordable housing has increased steadily since 2016, in spite of the adverse effects of the 2017 tax bill and other financing challenges. The recent enactment of the 4% LIHTC minimum will likely create a surge in this financing activity. Learn about which developments qualify for the 4% LIHTC minimum, how the LIHTC floor is affecting equity pricing and more in this week’s Novogradac Tax Credit Tuesday podcast with Michael Novogradac, CPA, and guest Novogradac partner Dirk Wallace, CPA.

Published by Michael Novogradac on February 23, 2021

Under the Rental Assistance Demonstration (RAD) program, public housing authorities (PHAs) can purchase, resyndicate, develop and manage affordable housing properties. These opportunities are part of the reason why an increasing number of PHAs are creating low-income housing tax credit (LIHTC) entities and other affiliate entities. In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, and Novogradac partner Rich Larsen, CPA, discuss what PHAs should know about setting up affiliate entities, from structuring options to important LIHTC regulations.

Published by Michael Novogradac on February 16, 2021

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses renewable energy with Novogradac renewable energy incentive expert, Tony Grappone, CPA. They discuss the state of the renewable energy community including debt and equity updates. Next, they talk about renewable energy tax credit transaction structure trends and the advantages of each structure. They wrap up with an overview of key renewable energy tax incentives that were extended in December, extended investment tax credit (ITC) and production tax credit (PTC) deadlines and the GREEN Act.