May 9, 2017

Published by Michael Novogradac on Tuesday, May 9, 2017 - 1:00pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general news section, where he talks about how the House’s recent passage of a health care reform bill affects efforts to advance tax reform legislation. In low-income housing tax credit news, he discusses a teleconference and web conference series hosted by the U.S. Department of Agriculture that’s designed to enhance its multifamily housing program. Then, he shares the results of a recent poll on how voters feel about keeping tax incentives in tax reform, including the low-income housing tax credit. After that, he discusses a bill that would create a Maine state low-income housing tax credit. In the new markets tax credit section, he talks about the official opening of the calendar year 2017 new markets tax credit allocation round and which deadlines you should mark on your calendar. He closes out with renewable energy tax credit news, where he discusses a bill introduced by Sen. Ron Wyden that would create a new renewable energy tax credit program that is technology neutral and would extend expired or expiring clean energy incentives through the end of 2018.