In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general section with news about HUD Secretary nominee Ben Carson's highly anticipated Senate confirmation hearing last week. He provides details on where Carson stands on fair housing, HUD programs and the low-income housing tax credit. He then discusses Rep. Lloyd Doggett's appointment as the new ranking member of the House Ways and Means Tax Policy Subcommittee. After that, he shares a brief update about the House Ways and Means Committee's energy tax reform working group. In low-income housing tax credit news, he talks about the report, "California's Housing Future: Challenges and Opportunities" and what it had to say about how the federal and state low-income housing tax credit can help California address its housing challenges. In new markets tax credit news, he discusses the Creating Opportunities for Rural Communities Act, legislation that was reintroduced in the House (H.R. 405) and Senate (S. 76) to direct more investments to coal communities affected by job losses. Then, he has details about the next Community Development Advisory Board Meeting. He also has an update on the New Markets Tax Credit Coalition sign-on letter in support of expanding and making permanent the New Markets Tax Credit program. In historic tax credit news, he talks about Novogradac's recent blog post on how tax reform would affect historic tax credit investments. He closes out with renewable energy tax credit news, where he discusses a Virginia bill to create a state renewable energy property credit.'
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