April 29, 2008

Published by Michael Novogradac on Tuesday, April 29, 2008 - 3:00pm

In this week’s podcast we will review the details of the Neighborhood Stabilization Act of 2008, legislation being discussed in the house that would create a 15 billion dollar, HUD-administered loan and grant program for the purchase and rehabilitation of owner-vacated, foreclosed homes. This week will also discuss the approximate size of the 2008 low-income housing tax credit equity market and the key dynamics at play in determining the pricing for low-income housing tax credits. This podcast is presented each week by Novogradac & Company LLP, a national accounting and consulting firm that specializes in the fields of affordable housing, community development and renewable energy. We encourage you to learn more about our firm by visiting us online at www.novoco.com.