November 1, 2016

Published by Michael Novogradac on Tuesday, November 1, 2016 - 1:00pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general section, where he talks about how Paul Ryan’s bid to keep his job as speaker of the House could affect the future of tax reform. In the low-income housing tax credit section, he discusses the inflation-adjustment caps for the low-income housing tax credits and private activity bonds in 2017. He also talks about HUD’s initial guidance for the Housing Opportunities through Modernization Act. In community development news, he outlines the CDFI Fund’s five-year strategic plan and how it’ll affect administration of CDFI Fund programs, including the new markets tax credit. In the historic tax credit section, he talks about a sign-on letter being circulated by historic preservation groups to ramp up support for the Historic Tax Credit Improvement Act. He closes with renewable energy tax credit news, where he discusses some important deadlines regarding the renewable energy investment tax credit and production tax credit.