In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the general section, where he shares a recent report from the Office of Management and Budget on the appropriations bills approved by the House and Senate. In affordable housing news, he discusses HUD's proposed fiscal year 2016 fair market rents. And he lets listeners know how they can submit nominations for the Novogradac Journal of Tax Credits Developments of Distinction Awards. In new markets tax credit news, he provides a recap of the CDFI Fund's recent listening tour and what CDFIs have suggested for improving the CDFI program. He also shares information on the latest Qualified Equity Investment Issuance Report. After that, he moves to the historic tax credit section, where the topic is how Massachusetts considers the transfer of its state historic tax credit for multiphase projects. He closes out with the renewable energy tax credit section, where he talks about a private letter ruling that meant good news for one investor in community solar.
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