January 28, 2014

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a letter from Treasury Secretary Jacob Lew that asks Congress to address the debt limit before Treasury once again has to use extraordinary measure to keep the country funded; reveal information about a one-month delay of the release of the President's fiscal year 2015 budget and remind listeners about the 2014 State of the Union address; and share thoughts about extenders legislation. In low-income housing tax credit news, he alerts listeners to the release of a report from Enterprise Community Partners and the Urban Land Institute that examines the cost of building affordable housing and shares a request for comments about setting a baseline for renewable energy capacity at public housing units and multifamily housing portfolios from the U.S. Department of Housing and Urban Development. In historic tax credit news, he has information about more than $2.2 million in historic preservation grants that the National Park Service has awarded to American Indian tribes across the country. In renewable energy tax credit news, he provides information about Department of Energy webinars on tribal communities and renewable energy and energy efficiency in multifamily housing, shares information about Wisconsin legislation that extends the state's renewable energy tax credit to older facilities and reveals that RECs will be used at this year's Super Bowl. In new markets tax credit news, he recaps a keynote speech from the CDFI Fund's Bob Ibanez.