June 11, 2013

Published by Michael Novogradac on Tuesday, June 11, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the start of the fiscal year 2015 budget process and two Congressional hearings: a House Financial Services Committee hearing on alternative housing finance models and a Ways and Means Committee hearing on tax reform. In new markets tax credit news, he alerts listeners to the end of the census tract transition period and the New Markets Tax Credit Coalition’s 2013 NMTC Progress Report. In renewable energy tax credit news, he tells listeners about the National Renewable Energy Laboratory 2012 Utility Green Power Leaders. In historic tax credit news, he reminds listeners that there is still time to nominate developments for the Novogradac Journal of Tax Credits Historic Rehabilitation Awards. In low-income housing tax credit news, he reports on the National Association of Home Builders annual legislative conference at which more than 750 builders urged Congress to support policies that sustain the housing recovery and increase the availability of affordable housing.