In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts the podcast off with a discussion of a new prediction by the Congressional Budget Office that the federal debt limit will be reached later than expected and what that could mean to Congress. He also looks at other key matters facing Congress when it returns next week. In the low-income housing tax credit segment, he shares some good news about HUD’s housing choice voucher program and a final rule that improves its portability. He also touches on a California notice on how to retain current-year difficult development area status. In addition, he talks about how listeners can nominate developments for some upcoming awards as well as how to register for upcoming webinars. In new markets tax credit news, he reviews about the latest Qualified Equity Investment report from the CDFI Fund. In the historic tax credit section, he congratulates the winners of the 2015 Novogradac Historic Rehabilitation Awards. He closes today’s podcast with the renewable energy tax credit section, where he discusses some details of a proposal by Sen. Chuck Schumer to extend and modify the investment tax credit.
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