October 29, 2013

Published by Michael Novogradac on Tuesday, October 29, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses tax credit reform. In new markets tax credit news, he shares information about the applications that the Community Development Financial Institutions Fund received for the 2013/2014 allocation round. In low-income housing tax credit news, he discusses Low-Income Housing Credit Newsletter #53, a favorable property tax court ruling in Mississippi and the possible extension of California’s readiness deadline. In renewable energy tax credit news, he discusses a report from the Interstate Renewable Energy Council about trends in renewable energy and a letter from the Western Governors’ Association requesting a change to the production tax credit. In historic tax credit news, he has an update on the Internal Revenue Service’s safe harbor guidance for historic tax credit transactions.