March 31, 2015

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off by talking about the budget proposals that the House and Senate passed last week, and what the next procedural steps will be in the coming weeks. In the affordable housing section, he discusses the final rule issued by the Federal Housing Finance Agency on allocations made by Fannie Mae and Freddie Mac to the Housing Trust Fund and Capital Magnet Fund. Then, he talks about a new HUD proposal that would further protect survivors of domestic violence against housing discrimination. After that, he shares some state-level news about what Wisconsin is doing to incentivize high-impact affordable housing. In new markets tax credit news, he provides cosponsor updates to both House and Senate legislation that would make the new markets tax credit permanent. In the historic tax credit section, he discusses the extension of the Arkansas state historic tax credit program. He closes the podcast with the renewable energy tax credit section. He discusses recent comments from the Secretary of the Interior in support of renewable energy tax credits. He also talks about a renewable energy tax credit proposal in North Carolina.