Dec. 15, 2020: Year-End Funding and COVID-19 Relief Legislation

Published by Michael Novogradac on Tuesday, December 15, 2020 - 12:15pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, and Peter Lawrence, director of public policy and government relations at Novogradac, discuss year-end legislation in Congress, including a continuing resolution to fund the government into 2021 and a potential COVID-19 relief bill. They start by discussing the chances for provisions to extend or expand community development tax incentives to be included in continuing resolution legislation. Then, they talk about highlights of the latest proposed COVID-19 relief bill and the chances of community development and affordable housing provisions being attached to it. Next, they share insight into President-elect Biden’s nominations to lead the Treasury and U.S. Department of Housing and Urban Development. They wrap up by discussing what to look out for in the weeks leading up to inauguration day for President-elect Joe Biden.