May 16, 2017

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with the general news section, where he talks about President Donald Trump's nominees for two key posts: the Assistant Secretary of the Treasury for Tax Policy and the commissioner of the Federal Housing Administration. He also discusses when to expect the Congressional Budget Office and Joint Committee on Taxation to release its updated cost estimate for the American Health Care Act'and how that affects tax reform efforts. After that, he shares information about this week's House Ways and Means Committee hearing on tax reform.' In low-income housing tax credit news, he discusses the Federal Housing Finance Agency's two recent announcements concerning the role of Fannie Mae and Freddie Mac in the low-income housing tax credit market. After that, he shares news from the California Debt Limit Allocation Committee on its meeting date to discuss tax-exempt bond allocations. He closes out with historic tax credit news where he provides listeners with an update on Alabama H.B. 345, legislation to extend the Alabama state historic tax credit