Michael J. Novogradac, CPA, shares an update on the Super Committee; discusses a report that compares the New Markets Tax Credit program to a comparable cash grant program; updates listeners on the status of New Markets Tax Credit Extension legislation; shares encouraging words of support for the historic tax credit from Congressman Brian Higgins; discusses the ongoing debate over the state historic and low-income housing tax credits in Missouri; reviews a bill that would extend the investment tax credit to offshore wind power projects; discusses two reports about the domestic renewable energy industry; examines the inflation-adjusted low-income housing tax credit and tax-exempt bond caps for 2012; reviews a sign-on letter being circulated by the affordable housing community; mentions a White House affordable housing event; and discusses HUD’s future research plans.