In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, talks about the status of Senate Appropriations Committee fiscal year 2016 allocations for the Departments of Transportation, Housing and Urban Development. Then, he reviews a proposed rule change by the Federal Reserve that could be good news for municipal bonds. In the low-income housing tax credit section, he discusses what tax credit and tax-exempt bond relief measures were authorized last week for counties affected by severe storms in Oklahoma and Texas. After that, he provides details on an introduced bill that could make it easier for homeless or formerly homeless students and veterans to find affordable housing. He closes out the section with information on how property owners and managers can learn more about operating expense trends for low-income housing tax credit properties. In new markets tax credit news, he tells listeners how much support was received for a sign-on letter urging Congress to permanently extend the new markets tax credit. In historic tax credit news, he shares a change in how a qualified commercial structure is defined for purposes of the Colorado state historic tax credit. In the renewable energy tax credit section, he discusses a new bill that would extend the renewable energy investment tax credit rate for another 5 years. In state-level news, he talks about a bill that makes several changes to state renewable energy tax credit standards in Kansas.