In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general section, where he talks about the appointment of California Democrat Judy Chu to the House Ways and Means Committee. He also provides an update on when there might be tax reform. In low-income housing tax credit news, he has two announcements from the California Tax Credit Allocation Committee. One is an update to the state's proposed hybrid 9 percent-4 percent low-income housing tax credit. The other announcement is a reminder about the tenant demographic data collection deadline for all low-income housing tax credit properties in California. In new markets tax credit news, he discusses updates to the CDFI Fund's new markets tax credit certification, compliance monitoring and evaluation FAQs. He also shares some highlights from the CDFI Fund's fiscal year 2016 in review. He closes out with the historic tax credit section, where he discusses Virginia bill S.B. 1034, legislation that could create a cap on the amount of state historic tax credit that taxpayers can claim per year.'