December 1, 2015

Published by Michael Novogradac on Tuesday, December 1, 2015 - 3:30pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins this week’s podcast with the general news section, where he talks about where Congress stands on trying to pass an omnibus appropriations bill for 2016. He also provides an update on tax extender discussions. In the low-income housing tax credit section, he discusses HUD’s risk-sharing program for small buildings and what California may do about its growing amount of state lowincome housing tax credit forward commitments. In new markets tax credit news, he tells listeners which entity was named the winner of the CDFI Fund’s Innovation Challenge and how that entity’s proposal could change the way small businesses find loans in underserved areas. Then, he moves on to historic tax credit news, where he talks about this year’s winners of the Maine Preservation Honor Awards. He closes out with renewable energy tax credit news where he discusses a new study on the economic potential of renewable energy and how renewable energy tax credits can play a big role in expanding that potential.