In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins this week's podcast with the general news section, where he shares updates on the deadlines that Congress will need to address in the coming months. In the affordable housing section, he talks about the 2015 low-income housing tax credit national pool and which five states were the top recipients. Then, he'll have two updates from HUD. One is on the 2016 operating cost adjustment factors for project-based assistance contracts. The second concerns public housing authorities' use and reporting of administrative fee reserves. He will also discuss the significant regulation changes proposed by California's Tax Credit Allocation Committee. In new markets tax credit news, he tells listeners about an updated and expanded resource for community development professionals, the 2015 Novogradac New Markets Tax Credit Handbook. After that, he moves on to historic tax credits, where he talks about proposed rule changes for Georgia's state historic tax credit that were prompted by the expansion of the state credit enacted in May. He closes out with renewable energy tax credit discussion, which features information on a new bill that would make the renewable energy production tax credit a permanent part of the tax code.
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