January 12, 2016

Published by Michael Novogradac on Tuesday, January 12, 2016 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with the general news section, where he talks about a list of tax provisions on which the IRS will not issue private rulings or determination letters this year. In the low-income housing tax credit section, he discusses when listeners can expect HUD to release its 2016 income limits for tenants in low-income housing tax credit properties and what the delayed release date could mean for properties. In new markets tax credit news, he shares news about the CDFI Bond Guarantee program and how much guarantee authority has been authorized for 2016. Then in the historic tax credit section, he discusses efforts to create a county-wide historic tax credit program in Maryland. And he closes out with renewable energy tax credit news where he talks about how listeners can comment on guidance regarding the election of renewable energy investment tax credits in lieu of production tax credits.