Novogradac & Company Llp

Capitol Hill has seen a flurry of legislation introduced this year to strengthen, expand, extend or create tax incentives in affordable housing and community development. The low-income housing tax credit, historic tax credit, new markets tax credit, opportunity zones and more are just some of the incentives that could be affected by recently introduced legislation. In today's Tax Credit Tuesday, Michael Novogradac, CPA, and Peter Lawrence, Novogradac's director of public policy and government relations, discuss an overview of each of the bills and the incentives they would impact. Later, they discuss possible vehicles for passage for the various bills as well as steps those in affordable housing and community development can take now to push for the legislation.