November 24, 2015

Published by Michael Novogradac on Tuesday, November 24, 2015 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts this week’s podcast with the general news section, where he talks about some key changes to the House Select Revenue Measures Subcommittee. In the affordable housing section, he provides an update on the fiscal year 2016 funding bill for the Departments of Transportation and HUD. He also has big news on HUD’s 2016 designations for difficult development areas and qualified census tracts. In new markets tax credit news, he provides a legislative update on bills that would make the new markets tax credit a permanent part of the tax code. Then, he moves on to historic tax credit news, where he shares information on technical guidance training sessions that could help historic preservationists working on federal property developments. He closes out with renewable energy tax credit news, where he discusses a new bill that would extend the production tax credit through the end of 2016.