In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses possible changes in leadership at the U.S. Department of Housing and Urban Development and the Office of Management and Budget, and provides an update on tax extenders legislation. In new markets tax credit news, he shares a new guide from Federal Deposit Insurance Corporation that helps community banks identify and evaluate opportunities to partner with Community Development Financial Institutions, the opening of the 2014 application round for the Bond Guarantee program and two new cosponsors for the New Markets Tax Credit Extension Act. In this week's low-income housing tax credit news, he summarizes a talk that Federal Housing Finance Agency Director Mel Watt gave last week about the future of Fannie Mae and Freddie Mac. In renewable energy tax credit news, he shares a report from the Lawrence Berkeley National Laboratory that explores three different scenarios for making the most of renewable energy tax credits. In historic tax credit news he shares news from Nebraska, where the governor recently signed legislation that creates a new state historic tax credit.
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