In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general news section, where he provides an update on the presidential primaries. Then, he touches on legislation that Congress has sent to the President, for his signature, that could affect the future of various spending and tax expenditure programs. Also, he shares where listeners can go to learn more about the Joint Committee on Taxation’s (JCT’s) estimates of President Obama’s fiscal year 2017 tax proposals, and how the JCT estimates compare to projections previously prepared by the Office of Management and Budget. In the low-income housing tax credit section, he discusses one senator’s campaign to expand the low-income housing tax credit allocation by 50 percent. He will also talk about another lawmaker’s $13.3 billion proposal to fund programs that combat homelessness. After that, he shares news on how to comment on HUD’s fair housing assessment tools. In new markets tax credit news, he talks about an IRS notice that allows state or local governments to automatically extend empowerment zones through the end of this year. In the historic tax credit section, he talks about what action was taken to clarify provisions of the Louisiana state historic tax credit program. And he closes out with renewable energy tax credit news, where he announces the winners of the 2016 Novogradac Renewable Energy Power Awards.