In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts this week's podcast off with an assessment of possible timeframes when Congress might consider acting on a second round of tax reform [2:11] and the possibility of executive action to index capital gains for inflation [4:27]. Next, he focuses on financial institutions with a review of the opportunity for comment on ways to improve Community Reinvestment Act regulations [7:27], as well as an upcoming House Financial Services Committee hearing on the cost of multifamily housing regulations [9:52]. Next, he discusses HUD news, notably news about fiscal year 2019 fair market rents [12:07]. He closes out with an overview of a new Novogradac blog post that addresses common misconceptions about the low-income housing tax credit, and news about state legislation in California that could mean an increase in renewable energy property development over the next few years [14:20].
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