December 8, 2015

Published by Michael Novogradac on Tuesday, December 8, 2015 - 11:00am

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with the general news section, where he talks about the status of omnibus appropriations legislation for 2016 and the status of tax extender discussions. In the low-income housing tax credit section, he discusses how listeners can learn more about HUD’s significant changes to the 2016 designations for difficult development areas and qualified census tracts. In new markets tax credit news, he shares an update to the CDFI Fund’s NMTC Certification, Compliance and Monitoring FAQs. He will also talk about the amount of qualified equity investments issued last month. Then, he moves on to historic tax credit news, where he shares the latest awardees of Maryland’s very successful state historic tax credit program. And he closes out with renewable energy tax credit news where he discusses the possibility of a phase-out for both the production and investment tax credits.