In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with a brief summary of how federal agencies are working to minimize the effects of the government shutdown on affordable housing, community development and historic preservation incentives [3:07]. He then shares an update on a possible legislative vehicle for extending many expired tax provisions, known as tax extenders [11:05]. He follows with news on housing finance reform [13:21]. He closes with news about updated national median income estimates and a request to the IRS to clarify a certain use of multifamily private activity bonds [16:40].
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