May 3, 2016

Published by Novogradac & Company LLP on Tuesday, May 3, 2016 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with a brief look at the presidential primary races. He also looks at a business depreciation proposal by Senate Finance Committee Ranking Member Ron Wyden.  In the low-income housing tax credit section, he outlines a new bill that would reform tenant screening and eviction policies for HUD-assisted properties—specifically, relating to tenants and potential tenants with criminal backgrounds. In new markets tax credit news, he talks about an upcoming meeting for the CDFI Fund’s Community Development Advisory Board. In the historic tax credit section, he discusses a recent hearing on Ohio’s state historic tax credit program and a proposal to turn the tax credit into a grant. And he closes out with renewable energy tax credit news, where he talks about a legislative amendment that could reallocate millions of dollars to wind energy research.