In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with the general news section, where he talks about what congressional leaders have in mind for tax reform. In the low-income housing tax credit section, he discusses how $2.6 million unused low-income housing tax credits will be reallocated for 2017. He also outlines HUD’s announcement of difficult development areas and qualified census tracts for 2017. After that, he moves on to a HUD final rule that explicitly excludes tax credit investors from previous participation reviews. In community development news, he tells listeners about the CDFI Fund’s draft of its allocation agreement for the upcoming new markets tax credit allocation round and how to submit comments on it. He also highlights H.R. 6213, a new bill that could help increase the amount of new markets tax credit investments in tribal communities. In the historic tax credit section, he summarizes a letter that the Historic Tax Credit Coalition sent to the IRS regarding the proposed temporary regulations on Section 50(d) income. And, he closes out with renewable energy tax credit news, where he discusses a U.S. Energy Information Administration report what role  the investment tax credit and the production tax credit play in the future of carbon dioxide emissions.