December 17, 2019

Published by Michael Novogradac on Tuesday, December 17, 2019 - 1:45pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares breaking news on government funding bills that were introduced in the House that include extensions of the new markets tax credit, wind production tax credit and a disaster allocation of California low-income housing tax credits. Next, he discusses proposed Community Reinvestment Act regulations that were introduced last week. Then he talks about a HUD notice announcing fiscal year 2020 annual adjustment factors for the Section 8 housing assistance payments program and the Eviction Crisis Act. Finally, he talks about a memo that was released by California TCAC clarifying requirements for the use of a low-income unit for a property manager in a low-income housing development.