February 23, 2016

Published by Michael Novogradac on Tuesday, February 23, 2016 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with the general news section, where he discusses the results of the South Carolina presidential primary and Nevada caucus. In the low-income housing tax credit section, he shares news about fiscal year 2016 allocations through HUD’s Public Housing Capital Fund. Then, he talks about a recent report on the challenges faced by low- and moderate-income working renter households. In new markets tax credit news, he talks about the availability of fiscal year 2016 funding for the CDFI Program and the Native American CDFI Assistance Program. He also has a reminder about the upcoming deadline to submit nominations for the Novogradac Community Development Individual Achievement Awards. Then in the historic tax credit section, he shares what leaders of the National Park Service and the National Conference of State Historic Preservation Officers had to say about a bill that would reauthorize the Historic Preservation Fund for another 10 years. And he closes out with renewable energy tax credit news where he discusses recent comments made by energy industry groups about the potential use of renewable energy tax credits for facilities that store but don’t produce electricity. He also has an update on efforts to extend New Mexico’s rooftop solar tax credit.