April 11, 2017

Published by Michael Novogradac on Tuesday, April 11, 2017 - 1:00pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general section, where he provides an update on congressional priorities once lawmakers return from their spring recess. Namely, where does Congress stand on avoiding a government shutdown and how close or far are legislators from tackling tax reform? Then, he shares what HUD Secretary Ben Carson said last week about the Trump administration’s proposed cuts to affordable housing and community development programs. After that, he shares what Rep. Maxine Waters is doing to challenge those proposed cuts to HUD funding. In low-income housing tax credit news, he talks about last week’s American Enterprise Institute Conference on Housing Affordability. Then, he outlines what the California Debt Limit Allocation Committee is doing to adjust for the disruption in the low-income housing tax credit debt and equity market. He closes out with our renewable energy tax credit section, where he goes over the National Resources Defense Council’s “Engine of Growth: The Extensions of Renewable Energy Tax Credits will Power Huge Gains in the Clean Energy Economy ,”a report that compares how the energy sector and the economy would be different with and without renewable energy tax credits.