August 4, 2020

Published by Michael Novogradac on Tuesday, August 4, 2020 - 12:45pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses negotiations for the next round of COVID-19 relief legislation and the extension of the now-expired federal eviction moratorium and rental assistance. Then, he talks about coronavirus-related guidance from the IRS for the historic tax credit. Next, he discusses how the CDFI Fund plans to continue to handle COVID-19 relief guidance for the new markets tax credit. He also talks about presidential candidate Joe Biden’s latest economic plan and what it says about the new markets tax credit and opportunity zones. He wraps up with a minibus appropriations bill for fiscal year 2021 passed in the House and news from HUD on how to access funding made available in the CARES Act earlier this year.