In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with the general section, where he discusses the latest in tax reform efforts. He also talks about the canceling of a planned presidential infrastructure advisory council. In low-income housing tax credit news, he discusses a change to when HUD's new small-area fair market rent designations will go into effect. In new markets tax credit news, he talks about the NMTC Working Group's tax reform recommendations to the Senate Finance Committee. And, he shares the CDFI Fund's latest qualified equity investment issuance report. He closes with an update on the Illinois state historic tax credit extension bill and on a court ruling that could mean good news for New York State historic tax credit investments.