In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA discusses more details on the Trump administration’s fiscal year 2021 budget request and how the request could affect affordable housing and community development. Next, he talks about mention of the low-income housing tax credit during a Senate Finance Committee hearing on the president’s budget request. Then, he shares an announcement on HUD’s capital fund program and a letter from Senate Finance Committee Chairman Chuck Grassley on renewable energy tax credit incentives. He closes with state-level opportunity zones legislation that was introduced in Utah and Illinois.
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