July 3, 2018

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an announcement from the CDFI Fund on issues with its Community Investment Impact System [1:59]. Then, he provides an update on the status of Republican plans to roll out a second round of proposed tax cuts [2:37]. After that, he shares how a proposal by the Trump administration to reorganize federal agencies could affect departments that administer housing and community development programs [4:18]. He also has a brief recap of the HUD oversight hearing last week for the House Financial Services Committee and discusses a new bill to restore HUD fair housing tools [6:56]. Then, he discusses a quick update on the nomination of a new IRS commissioner [7:43]. He wraps wrap up the episode with a roundup of industry headlines related to opportunity zones and the wind production tax credit [8:19].