July 9, 2013

Published by Michael Novogradac on Tuesday, July 9, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the kickoff of House Ways and Means Committee Chairman Dave Camp and Senate Finance Committee Chairman Max Baucus’s tax reform tour and the soon-to-be-implemented Basel III regulations. In new markets tax credit news, he shares recently released data from the Community Development Financial Institutions Fund about NMTC projects through 2011 and an update on the NMTC market and credit pricing. In historic tax credit news, he alerts listeners to an upcoming meeting of the Advisory Council on Historic Preservation and to an increase in areas eligible for the New York historic tax credit. In low-income housing tax credit news, he tells listeners about a Novogradac and Company Year 15 webinar and a new bridge and construction loan program for multifamily properties in Kentucky. In renewable energy tax credit news, he discusses the recently introduced Qualifying Renewable Chemical Production Tax Credit Act of 2013 (S. 1267) and an American Council on Renewable Energy study on strategies to scale-up renewable energy investment.