In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general news section, where he talks about President-elect Donald Trump's pick for Treasury Secretary, Steven Mnuchin, and what Mnuchin has planned for Trump's first 90 days in office. He then talks about Trump's nomination of Ben Carson as HUD Secretary and shares his thoughts on what Carson's appointment could mean for affordable housing. After that, he discusses how Rep. Richard Neal has become the top Democrat on the House's powerful Ways and Means Committee. Then, he looks at where lawmakers stand on passing a continuing resolution and certain tax extenders. In low-income housing tax credit news, he highlights some of the important points in California's new final proposed regulations for the low-income housing tax credit. In new markets tax credit news, he shares with listeners a list of qualified equity investment issuance thresholds that new markets tax credit allocatees need to meet to be eligible for another allocation. And he closes out with the historic tax credit section, where he provides an update on Illinois' state historic tax credit that is scheduled to expire at the end of this month, but is only one signature away from being extended another year.