Provisions in last summer's Inflation Reduction Act (IRA) created "adders" to the renewable energy investment tax credit when solar power is installed on affordable housing properties. In this week's Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Dirk Wallace, CPA, discuss the provisions'both for affordable housing and for other low-income communities. They take a brief detour to discuss the Internal Revenue Code Section 45L credit expansion that was part of the IRA, then talk about Internal Revenue Service guidance concerning the allocation plan for 1.8 gigawatts of solar power, including how many properties may receive allocation, the timeline for the applications and what developers should be doing now to get ready. They also discuss issues for investors and syndicators of low-income housing tax credits and forthcoming guidance, including how benefits to tenants will be measured.