February 28, 2017

Published by Michael Novogradac on Tuesday, February 28, 2017 - 12:00pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with the general news section, where he talks about Treasury Secretary Steve Mnuchin’s tax reform timeline. He also discusses when the House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies (T-HUD) may consider a new fiscal year 2017 spending bill. In low-income housing tax credit news, he talks about the recently released 2017 calendar year resident population figures. He also discusses a sign-on letter from the Affordable Rental Housing ACTION Campaign. Then he details the Housing for Homeless Students Act of 2017. In new markets tax credit news, he discusses a CDFI Coalition and NMTC Coalition advocacy letter sent to Mnuchin. Then, he summarizes the latest qualified equity investment (QEI) issuance report. After that, he shares CDFI Bond Guarantee program deadlines. He closes with historic tax credit news, where he talks about West Virginia’s H.B. 2545, which would increase the state historic tax credit from 10 percent to 25 percent.