Novogradac Tax Credit Tuesdays Videocast

Budget Impasse in Calif. Impacts Affordable Housing Developments; Investors and Syndicators Comment on the LIHTC Equity Market; Tax Credit Provisions Being Considered for Economic Recovery Package

cpas@novoco.com (Novogradac & Company LLP) — Tue, 23 Dec 2008 3:20:00 -1000

Michael J. Novogradac, CPA, discusses how the state budget crisis in California is affecting the construction of affordable housing. He also reports on current conditions in the LIHTC equity investment market and shares updates on tax credit proposals being suggested for inclusion in an economic recovery package.

Obama Names HUD Secretary Pick; Congress Considers Economic Recovery Options; Revenue Raising Strategies Concern Real Estate Investors; IRS Holds Hearing on NMTC Regs

cpas@novoco.com (Novogradac & Company LLP) — Fri, 19 Dec 2008 3:20:00 -1000

Michael J. Novogradac, CPA, shares breaking news about president-elect Barack Obama's pick for HUD Secretary and updates about the ongoing development of an economic recovery package. He also reviews some of the revenue raising strategies that Congress may consider in the coming year. He also discusses the testimony that he and others provided at an IRS hearing last Friday on proposed changes to the new markets tax credit regulations.

NMTC Program News; More Economic Stimulus Planned; LIHTC Agency Updates

cpas@novoco.com (Novogradac & Company LLP) — Wed, 10 Dec 2008 3:20:00 -1000

Michael J. Novogradac, CPA, shares several timely updates on the NMTC program, discusses the status of a new economic stimulus package and follows up on LIHTC allocating agency responses to current financial conditions.

Another Economic Stimulus Bill; Survey of LIHTCs Returned to State Agencies; Preview of Upcoming LIHTC Conferences

cpas@novoco.com (Novogradac & Company LLP) — Wed, 26 Nov 2008 12:20:00 -1000

Michael J. Novogradac, CPA, discusses breaking news about the status of another economic stimulus bill in Washington, D.C., shares the results of an informal survey taken to assess how many 2008 tax credit allocations have been returned by developers and previews some of the key panels planned for upcoming LIHTC conferences in Las Vegas and in Miami.

IRS Gives Guidance on 9 Percent Floor; Obama Administration Plans Transition; Congress Considers Economic Stimulus

cpas@novoco.com (Novogradac & Company LLP) — Wed, 19 Nov 2008 12:20:00 -1000

Michael J. Novogradac, CPA, shares breaking news about the IRS new notice providing clarification on the 9% applicable percentage floor. He also discusses the latest news from President-elect Barack Obama’s transition team and reviews developments in Congress as lawmakers consider strategies for shoring up the sagging economy.

Election's Impact on LIHTC, NMTC, RETC and More

cpas@novoco.com (Novogradac & Company LLP) — Thu, 13 Nov 2008 12:20:00 -1000

Michael J. Novogradac, CPA, discusses what the results of the 2008 elections mean for affordable housing, community development, renewable energy and related matters.

Ways & Means Hearing on Economic Stimulus; Profiles of Community Development Foundation Award Winners

cpas@novoco.com (Novogradac & Company LLP) — Wed, 5 Nov 2008 12:20:00 -1000

Michael J. Novogradac, CPA, reviews a hearing held last week by House Ways and Means Chairman Charlie Rangel regarding economic recovery and job creation. He alsos profile the winners of the Novogradac Community Development Foundation Awards announced last month.

New Economic Stimulus Package; LIHTCs and TARP; Ohio HTC Awards; Analysis of NMTC Allocations; Year-End Checklist for LIHTC Developers

cpas@novoco.com (Novogradac & Company LLP) — Tues, 28 Oct 2008 12:20:00 -1000

Michael J. Novogradac, CPA, discusses the likelihood of another economic stimulus package that could potentially include proposals related to the NMTC and/or LIHTC. He also talks about a letter from the AHTCC to Treasury and members of Congress that discourages the treatment of low-income housing tax credits as troubled assets under the Emergency Economic Stabilization Act of 2008. He then shares recent news about new awards made under Ohio's historic tax credit program, shares analysis of the sixth round of new markets tax credit allocation awards, and reviews a list of some tax and accounting items that all LIHTC developers should be considering as the end of the year approaches.

Sixth Round NMTC Allocations; Report on NMTC Results through 2007; LIHTC and Bond Caps for 2009; 2008 National Pool for LIHTC; State Tax Credit Agencies' Responses to Law and Market Changes; NMTC Conference Preview

cpas@novoco.com (Novogradac & Company LLP) — Tues, 21 Oct 2008 12:20:00 -1000

Michael J. Novogradac, CPA, shares breaking news about the sixth round of NMTC allocations and the results of a new report about the NMTC program's performance through 2007, as well as breaking news about the 2009 LIHTC and bond caps and the IRS's announcement of National Pool credits for the LIHTC program. He then discusses recent announcements by state housing tax credit allocation agencies regarding adjustments in response to changes in the tax credit equity market and changes related to legislation. He also previews some of the panel discussions that will be presented at the New Markets Tax Credit Investors conference later this week.

Energy Tax Incentives for Affordable Housing and Community Development; CA LIHTC Bifurcated from Federal LIHTC

cpas@novoco.com (Novogradac & Company LLP) — Tues, 14 Oct 2008 12:20:00 -1000

Michael J. Novogradac, CPA, discusses details about the numerous energy tax credits that were included in recently-passed extender legislation. He also provides an update on SB 585, a bill that was signed recently by Governor Arnold Scharzenegger that will allow the California state housing tax credit to be sold separately from the federal housing tax credit.

Extender Legislation Signed Into Law; Proposed Targeted Population Rules for NMTC Program; New Guidance from IRS Regarding the LIHTC Modernization Act

cpas@novoco.com (Novogradac & Company LLP) — Tues, 7 Oct 2008 12:20:00 -1000

Michael J. Novogradac, CPA, shares breaking news about tax extender legislation signed into law. He also discusses proposed regulations regarding targeted populations under the new market tax credit program as well as additional guidance from the IRS regarding certain provisions contained in the recently passed Low Income Housing Tax Credit Modernization Act.

Renewable Energy, Tax Extender Legislation; How State Agencies are Implementing Housing Act

cpas@novoco.com (Novogradac & Company LLP) — Thu, 2 Oct 2008 12:20:00 -1000

Michael J. Novogradac, CPA, provides an update on the fate of tax extender legislation and shares more news about how state housing tax credit allocating agencies are implementing the tax credit and bond changes made by the Housing and Economic Recovery Act of 2008.

IRS Guidance on the Housing Act of 2008; Status of Tax Extender Legislation; OCC Guidance on Bank Investment in RETC Transactions; IRS Survey of Tax-Exempt Entities

cpas@novoco.com (Novogradac & Company LLP) — Tue, 25 Sep 2008 11:00:00 -1000

Michael J. Novogradac, CPA, disucusses the latest guidance issued by the IRS regarding the Housing Assistance Tax Act of 2008 and brings listeners up to speed on the current status of of energy and new markets tax credit extension legislation. He also discusses recent guidance from the Office of the Comptroller of the Currency regarding banks’ investments in solar tax credit projects and shares highlights from an IRS survey tax-exempt entities.

IRS/Treasury 2008-2009 Priority Guidance Plan; Tax Credit Extension Legislation; Status of Calif. Senate Bill 585

cpas@novoco.com (Novogradac & Company LLP) — Tue, 16 Sep 2008 11:00:00 -1000

Michael J. Novogradac, CPA, shares breaking news about upcoming guidance expected from the Treasury Department. He also discusses what can be expected from Congress in the coming weeks regarding tax credit extension legislation, as well as the status of SB 585, a bill that would allow the California state LIHTC to be bifurcated from the federal LIHTC.

Conservatorship of Fannie Mae and Freddie Mac; Current Status of NMTC Applications, Expected Award Announcements; How State Agencies are Implementing Housing Act

cpas@novoco.com (Novogradac & Company LLP) — Tue, 9 Sep 2008 11:00:00 -1000

Michael J. Novogradac shares breaking news about the futures of Fannie Mae and Freddie Mac. He also discusses the current status of NMTC applications and the expected award announcements and shares some updates on how state housing tax credit allocating agencies are implementing the LIHTC changes made by the Housing and Economic Recovery Act of 2008.

National Non-metropolitan Median Income Questions; Status of NMTC, RETC Extension Legislation; Midwest Disaster Relief Bill

cpas@novoco.com (Novogradac & Company LLP) — Tue, 2 Sep 2008 11:00:00 -1000

Michael J. Novogradac, CPA, discusses uncertainty about implementing the national non-metropolitan median income provision of the Housing and Economic Recovery Act of 2008. He also reviews the status of NMTC and energy tax credit extension legislation and discusses the progress of the Midwest Disaster Relief Bill.

Recent Activities of the NMTC Working Group; Profiles of Panels Planned for the San Francisco LIHTC Conference; Historic Tax Credit Provisions Of Housing and Economic Recovery Act

cpas@novoco.com (Novogradac & Company LLP) — Tue, 19 Aug 2008 11:00:00 -1000

Michael J. Novogradac, CPA, updates listeners on the recent activities of the NMTC Working Group. He also profiles a few of the panels that we have planned for the San Francisco LIHTC conference in early September and highlights some of the provisions in the Economic and Tax Recovery Act of 2008 that are of interest to the historic tax credit community.

Updated NTMC Regulations; NMTC Coalition's 50 Projects - 50 States Project; Large LIHTC Finance Agreement in Puerto Rico

cpas@novoco.com (Novogradac & Company LLP) — Tue, 19 Aug 2008 11:00:00 -1000

Michael J. Novogradac, CPA, reviews the updated NTMC regulations the IRS released on August 8 and discusses the New Markets Tax Credit Coalition's 50 Projects - 50 States Project. He also talks about a recent finance agreement in Puerto Rico that HUD describes as the largest single equity investment in the 22-year history of the Low-Income Housing Tax Credit program.

Housing Stimulus Bill Approved by Congress; Senate to Consider Tax Extenders; Highlights of Report on GO Zone Tax Incentives and Lightning Round in Louisiana; Midwestern Disaster Tax Relief Legislation

cpas@novoco.com (Novogradac & Company LLP) — Tue, 29 Jul 2008 11:00:00 -1000

Michael J. Novogradac, CPA, shares the good news about the passage of H.R. 3221, the the Housing and Economic Recovery Act of 2008. He also discusses legislation the Senate will consider this week that would extend the new markets tax credit and renewable energy tax credits, reviews the highlights of a report about GO Zone tax incentives, as well as recent guidance about a special Lightning Round of tax credit allocation offered by the Louisiana Housing Finance Agency, and examines the provisions of legislation introduced to provide disaster relief to Midwestern states.

Housing Stimulus Bill Makes Progress; Legislative Wrangling Slows RETC, NMTC Extensions

cpas@novoco.com (Novogradac & Company LLP) — Tue, 22 Jul 2008 11:00:00 -1000

Michael J. Novogradac, CPA, updates listeners on the status of the housing stimulus bill and discusses the latest legislative wrangling surrounding tax extenders legislation.

Senate Passes Housing Stimulus Bill; Tax Relief Proposed for Midwestern States

cpas@novoco.com (Novogradac & Company LLP) — Tue, 15 Jul 2008 11:00:00 -1000

Michael J. Novogradac, CPA, updates listeners on the status of the housing stimulus legislation being considered in Congress. He also discusses the provisions of a tax relief measure designed to help Midwestern states that have been ravaged this year by floods and severe storms.

Housing Stimulus Bill; Affordable Housing in Calif.; Historic Rehabilitation in N.Y.; IRS Tax Relief for Flood Victims in Midwest

cpas@novoco.com (Novogradac & Company LLP) — Tue, 8 Jul 2008 11:00:00 -1000

Michael J. Novogradac, CPA, shares breaking news on the housing stimulus bill, discusses affordable housing news from California and historic tax credit news from New York, and provides the latest news about disaster relief being provided by the Internal Revenue Service for victims of the severe storms and flooding in the Midwest.

Highlights from NCSHA's Tax Credit Conference; Updates on LIHTC Modification, RETC Extension

cpas@novoco.com (Novogradac & Company LLP) — Tue, 1 Jul 2008 11:00:00 -1000

Michael J. Novogradac, CPA, discusses highlights from the National Council of State Housing Agencies' tax credit conference held in Miami last week and shares updates on the ongoing legislative efforts to enhance the low-income housing tax credit and to extend certain energy tax credits.

Updates on Tax Extender, Housing Stimulus Legislation; Highlights from Novogradac New Markets Tax Credit Conference; How to Nominate Individuals, Investments for Novogradac Community Development Awards.

cpas@novoco.com (Novogradac & Company LLP) — Tue, 24 Jun 2008 13:00:00 -0800

Michael J. Novogradac, CPA, reviews the status of housing stimulus and tax extender legislation being considered in Congress, discusses highlights from Novogradac New Markets Tax Credit Conference that was held in Washington, D.C. a week and a half ago and explains how to nominate individuals or investments for the Community Development Awards that the Novogradac Community Foundation will present this fall.

Tax Extender and Housing Stimulus Updates; Affordable Housing Tax Credit Awards for Excellence; News from the American Wind Energy Association Conference.

cpas@novoco.com (Novogradac & Company LLP) — Tue, 17 Jun 2008 13:00:00 -0800

Michael J. Novogradac, CPA, updates listeners on tax extender and housing stimulus legislation, discusses the Affordable Housing Tax Credit Awards for Excellence that were presented in Washington DC last week, and shares news from the American Wind Energy Association conference earlier this month.

Status Updates on Housing Stimulus and Tax Extender legislation; Steve Preston Confirmed as New HUD Secretary; Efforts to Re-open Ohio’s Historic Tax Credit Program.

cpas@novoco.com (Novogradac & Company LLP) — Tue, 10 Jun 2008 13:00:00 -0800

Michael J. Novogradac, CPA, reviews updates in the status of housing stimulus and tax extender legislation; discusses Steve Preston’s confirmation as the new HUD Secretary; and shares the latest news about the effort to re-open Ohio’s historic tax credit program.

Military Housing Legislation; Georgia's Historic Tax Credit; LIHTC in American Samoa; Audit Status of NMTC Program.

cpas@novoco.com (Novogradac & Company LLP) — Tue, 03 Jun 2008 13:00:00 -0800

Michael J. Novogradac, CPA,discusses legislation introduced in Congress that would allow more low-income members of the armed forces to qualify to live in tax credit financed rental housing; examines changes to the state historic tax credit program approved recently in Georgia, and we’ll discuss American Samoa’s first steps toward participation in the federal low-income housing tax credit program; and shares some statistics on the audit status of the new market tax credit program.

Housing Stimulus Bill; Tax Extender Legislation; IRS Guidance about Solar Equipment in Bond-Financed Projects

cpas@novoco.com (Novogradac & Company LLP) — Tue, 27 May 2008 13:00:00 -0800

Michael J. Novogradac, CPA, discusses the current status of the housing stimulus bill and the tax extender legislation, both of which are making their way through Congress and reviews a recent ruling from the IRS that provides guidance on structuring renewable energy tax credit transactions.

Tax Extender Legislation; Housing Stimulus Package; HUD 2008 SuperNOFA.

cpas@novoco.com (Novogradac & Company LLP) — Tue, 20 May 2008 13:00:00 -0800

Michael J. Novogradac, CPA, discusses the progress that tax extender and housing stimulus legislation are making in Congress and reviews key points of HUD's 2008 Super NOFA.

Housing Stimulus Package Update; Tax Extender Legislation Status; What HUD's AMGI Revisions Mean for Preparing Market Studies; California State LIHTC Legislation.

cpas@novoco.com (Novogradac & Company LLP) — Tue, 13 May 2008 13:00:00 -0800

Michael J. Novogradac, CPA, shares the latest update on housing stimulus legislation making its way through Congress, shares news of a tax extender package that will be introduced in the House, discusses the challenges of preparing market studies in light of the HUD AMGI revisions and updates listeners on the status of legislation introduced in California to allow the California state housing tax credit to be bifurcated from the federal low-income housing tax credit.

Alternative Minimum Tax and Extenders Tax Relief Act of 2008; Prevailing wages in California; Recent activity of the NMTC Working Group; and Bonus depreciation provisions of the Senate’s Foreclosure Prevention Act.

cpas@novoco.com (Novogradac & Company LLP) — Tue, 06 May 2008 13:00:00 -0800

Michael J. Novogradac, CPA, shares breaking news about the Alternative Minimum Tax and Extenders Tax Relief Act of 2008; updates listeners on the prevailing wage situation in California; outlines the recent activity of the NMTC Working Group; and reviews the bonus depreciation provisions included in the Senate’s Foreclosure Prevention Act.

Update on Housing Stimulus Bills; Neighborhood Stabilization Act of 2008; Size of Equity Market and Key Dynamics in Determining LIHTC Price

cpas@novoco.com (Novogradac & Company LLP) — Tue, 29 Apr 2008 13:00:00 -0800

Michael J. Novogradac, CPA, shares a a breaking news update about the status of the housing stimulus bills being considered by Congress; reviews the details of the Neighborhood Stabilization Act of 2008; and discusses the approximate size of the 2008 LIHTC equity market and the key dynamics at play in determining the pricing for low-income housing tax credits.