December 17, 2013

Published by Michael Novogradac on Tuesday, December 17, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with a recap of the latest from Capitol Hill about the fiscal year 2014 budget, tax reform and the Volcker Rule. In low-income housing tax credit news, he discusses the Financial Accounting Standards Board’s ratification of the generally accepted accounting principles changes for low-income housing tax credit investments, updates listeners on the U.S. Department of Housing and Urban Development 2014 rent and income limits and provides information about a Harvard University’s Joint Center of Housing Studies report on affordable housing. In new markets tax credit news, he shares a report from Rapoza Associates about projects completed by community development corporations and provides an update about the Community Development Financial Institutions Fund’s CDFI Information Mapping System upgrade. In historic tax credit news, he shares information about a recommendation to cap Maine’s historic tax credit program, an increase in Wisconsin’s historic tax credit and a U.S. Government Accountability Office report on decommissioned federal courthouses. In renewable energy tax credit news, he discusses a report from the Solar Energy Industries Association about residential solar installations.