June 19, 2018
In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the latest news on reforming the Community Reinvestment Act [2:10] and some recommendations for the IRS on clarifying income-averaging requirements [3:33]. He also discusses the final round of opportunity zones designations [4:45] and the recently updated opportunity zones frequently asked questions page [5:27]. He also talks about a new bill that could help strengthen the federal historic tax credit [7:32] and he’ll have an update on efforts to increase appropriations for the CDFI Fund [9:14]. Finally, he shares a roundup of other industry headlines, including news about Section 8 renewal funding inflation factors, the 2018 round of the CDFI Bond Guarantee program and more [10:02].