In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses how the Office of Management and Budget might try to roll back billions of dollars from the recent omnibus spending bill [2:12]. He also discusses a new framework for reviewing tax regulations. Then, he touches briefly on a Ways and Means roundtable discussion on expiring tax provisions [4:00]. After that, he outlines a new executive order on work reforms for welfare and housing assistance programs [4:25]. After that, he shares some brief news from HUD on the CDBG disaster recovery program and on Choice Neighborhood planning grants. He also provides an update on rural housing preservation legislation and a quick update on how the renewable energy production tax credit influences national and global wind power capacity [7:15].
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