In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general news section, where he talks about bonus depreciation guidance issued by the IRS last week through Revenue Procedure 2016-48. In the low-income housing tax credit section, he shares the recently released fiscal year 2017 fair market rents. Then, he talks about an important fair housing discrimination lawsuit that was dismissed last week, the Inclusive Communities Project Inc. vs. the Texas Department of Housing and Community Affairs. He also has news about how listeners can comment on HUD’s fair housing Local Government Assessment tool. In new markets tax credit news, he talks about how one new community development entity in the Northern Mariana Islands has the potential to bring the new markets tax credit to the U.S. territory for the first time. In the historic tax credit section, he discusses a recent historic preservation milestone that Montana recently reached. And he closes out with renewable energy tax credit news, where he shares projections of solar tax credit redemptions in Iowa.