Septe,ber 29, 2009

Published by Michael Novogradac on Tuesday, September 29, 2009 - 5:45pm

On our podcast this week we will review recently released updated guidance regarding the IRS safe harbor for allocating Section 45 production tax credits among partners in a wind energy partnership. On a related subject, we will review the details of proposed legislation that would expand the existing Section 45L tax credit for builders of energy-efficient new homes to cover residential rental housing. We also will review an IRS request for public comment on a recent notice about the qualifying advanced energy tax credit under Section 48C that was created by the Recovery Act. Then, we’ll share updates from the Treasury Department about the housing and energy programs it administers under the Recovery Act. We also have related news from state housing agencies about their implementation of the Recovery Act’s programs. And finally, we’ll summarize the most recent round of bank evaluations conducted by the Office of the Comptroller of the Currency.