In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with the general section, where he discusses a recent report from the Federal Housing Finance Agency on how federal home loan banks have helped boost investments in low-income housing and community development. In the low-income housing tax credit section, he tells listeners about HUD's proposed energy benchmarking for assisted multifamily housing and public housing agencies. He also discusses a state law passed in California that allows local school districts to create housing programs for its employees, using federal and state low-income housing tax credits. In new markets tax credit news, he discusses how much new markets tax credit allocation authority was finalized by allocatees in the past month. In the historic tax credit section, he talks about the National Trust for Historic Preservation's list of 11 Most Endangered Historic Places and the role that historic tax credits could play in preserving those places. And, he closes with renewable energy tax credit news, where he covers a report on how widely U.S. energy services companies use renewable energy tax credits.
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