In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general news section, where he shares news on the Trump administration's plans to release a detailed tax plan. Then, he discusses one path that House appropriators are considering for passing 12 appropriations bills for fiscal year 2018. After that, he announces two congressional hearings. One is in the House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies and concerns the Trump administration's proposed fiscal year 2018 budget. The other is in the Senate Committee on Banking, Housing and Urban Affairs on the nomination of Pam Patenaude as HUD deputy secretary. In affordable housing news, he discusses a new methodology proposed by HUD on calculating fair market rents. Then, he outlines a Louisiana state court decision on affordable housing property valuations that could have significant consequences for affordable housing in New Orleans. He closes out with historic tax credit news, where he shares good news from Alabama and Louisiana.'
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