In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with the general news section where he describes a comprehensive anti-poverty plan released by House Republican leaders and how the plan can potentially influence tax reform discussions. In the low-income housing tax credit section, he discusses new legislation that was introduced to completely restructure nearly all federal affordable housing programs into a single block grant. Then, he talks about what one report from the Government Accountability Office discovered about compliance issues and the administration of the low-income housing tax credit. After that, he shares news about one state’s successful efforts to extend its state low-income housing tax credit for three years. In new markets tax credit news, he highlights the latest New Markets Tax Credit Progress Report. He also shares a newsletter from the Office of the Comptroller of the Currency on how health care centers and community development incentives can be a great fit for each other. In the historic tax credit section, he briefly discusses changes made to Iowa’s state historic tax credit that make it more attractive to more investors. And he closes out with renewable energy tax credit news, where he talks about Senate Finance Committee Chairman Orrin Hatch’s latest inquiries into administration of the Section 1603 cash grant and renewable energy incentive programs. After that, he outlines a report from the Joint Committee on Taxation about the different energy tax incentives offered by the federal government.