Today is Tuesday, August 12th, 2008. This week we'll review policy changes that state housing finance agencies are making following the enactment of the Housing and Economic Recovery Act of 2008. We will also discuss the renewed focus on energy in Congress and what it means for renewable energy tax credits. Before we start today's discussion, we have breaking news about the new market tax credit program. Last week the IRS issued the long awaited proposed amendments to the NMTC regulations. The amendments revise and clarify certain rules relating to recapture of the new markets tax credit. It also covers certain situations where you can now clearly rely on the reasonable expectations test. We will discuss them in more detail in next week's podcast.