Novogradac & Company Llp

This week we're going to cover three issues: as promised last week, my first order of business will be to say a few words of welcome on the appointment of the new CDFI Fund Director, Donna Gambrell. Next we'll take a look at the presidential candidates' stances on renewable energy production and investment tax credits. Finally we'll update you on the recent exchange of letters with the Securities Exchange Commission and the impact of these letters on the audit and other operating costs of LIHTC partnerships.

This week we're going to cover three issues: first, in the aftermath of the California wildfires, we felt it was a good time to review the authority state allocating agencies have to provide temporary relief for owners of low-income housing tax credit properties. Second we'll look at the status of legislation to extend the new markets tax credit through 2009. Third, we're going to look at the status of efforts to extend renewable energy tax credits.

This week we're going to cover three issues. First, the qualified contract proposed regulations, including a discussion of the hearing that was held on Monday, October 15th, 2007. Next we'll discuss the recently released list of Difficult to Develop Areas for 2008. And, third, we'll preview the upcoming Novogradac report on the impact of revised area median gross incomes that were released by HUD earlier this year.

The First Tax Credit Tuesday Podcast Presents:'CDFI Fund Director Kimberly Reed's Keynote Address at the New Markets Tax Credit Investors Conference