June 20, 2017

Published by Michael Novogradac on Tuesday, June 20, 2017 - 1:00pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general section, where he talks about Sen. Orrin Hatch’s call for stakeholder feedback on tax reform. Then, he discusses the appointments of Kipp Kranbuhl and Jared Sawyer to Treasury Department staff. After that, he provides listeners with an update on the nomination of Pam Patenaude as HUD deputy secretary. He also shares proposed partnership audit rule changes. In low-income housing tax credit news, he highlights findings from two reports: one is the Federal Housing Finance Agency’s annual report to Congress and the other is the 2017 State of the Nation’s Housing report. He then touches briefly on HUD’s announced fiscal year 2017 allocations for the Office of Community Planning and Development grant programs. In new markets tax credit news, he talks about upcoming program deadlines and he shares what CDFI Fund Director Annie Donovan said about when to expect the 2017 NMTC award announcement.