November 12, 2013

Published by Michael Novogradac on Tuesday, November 12, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest reports on tax reform and an upcoming budget conference committee hearing, as well as the Financial Accounting Standards Board Emerging Issues Task Force’s upcoming meeting about accounting for tax credit investments. In low-income housing tax credit news, he discusses the impending release of the 2014 qualified census tracts and difficult development areas, and a housing finance reform hearing. In historic tax credit news, he alerts listeners to Sen. Angus King of Maine’s support of the Rural Heritage Conservation Act. In renewable energy tax credit news, he discusses new solar project contract templates that could reduce costs for solar projects and a newsletter from the Office of the Comptroller of the Currency about public welfare investments in wind energy. In new markets tax credit news, he alerts listeners to the Community Financial Institutions Fund’s delay of its launch of the third version of the CDFI Information Mapping System.