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July 27, 2021: Middle-Income Housing Tax Credit
In the 700th weekly Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Dirk Wallace, CPA, discuss the proposed middle-income housing tax credit (MIHTC), including the incentive’s purpose, how it compares to the low-income tax credit in size and mechanics, where it would work best and what developers should be considering now to be prepared if the proposal becomes law. They also discuss what stakeholders are saying about the MIHTC, who the likely investors would be and how listeners can participate in helping shape the MIHTC, both in terms of statutory and regulatory moves.