In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest tax credit news. In new markets tax credit news, the opening of the 2014 New Markets Tax Credit program application round and the release of the 2013 allocation agreement template. In low-income housing tax credit news, he discusses a bill that would enable homeless students to qualify for low-income housing tax credit units, as well as a bill to reauthorize the Native American Housing Assistance and Self-Determination Act through the end of fiscal year 2018. In historic tax credit news, he discusses ongoing issues regarding how to treat master tenant income in historic tax credit transactions that use a pass-through structure and a letter that the National Trust for Historic Preservation that calls on Congress to preserve the historic tax credit in a reformed tax code. In renewable energy tax credit news he shares an article in the August Novogradac Journal of Tax Credits that provides some "rules of thumb" for energy investment and production tax credit projects.