Podcast
Tax Credit Tuesday Podcasts
Hosted by Novogradac & Company LLP · EN
Each Tax Credit Tuesday, the Novogradac audio broadcast offers an in-depth weekly look at tax credit topics. A new episode is posted here and on the RSS Feed by 1 p.m. Pacific Time every Tuesday.
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Episodes
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June 23, 2026: OZ 2.0 is Coming: Are You Ready?
1w ago00:38:00Tap to summarizeThe One Big Beautiful Bill Act (OBBBA), signed into law July 4, 2025, made opportunity zones (OZs) a permanent part of the tax code and created a new round of OZs that will'take effect Jan. 1,'2027.'The U.S. Department of the Treasury and the Internal Revenue Service (IRS)'released a notice June 18 describing transitional guidance'it plans to propose for investments into existing OZs as amended by the OBBBA. On this episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Novogradac partner Jason Watkins, CPA, review the notice and discuss the proposed transitional regulations. The pair also discuss important questions about how existing investments will be treated and how new investments should be structured, as well as planned next steps for the Novogradac Opportunity Zones Working Group.
Transcribe →June 16, 2026: So You Want to be a LIHTC Developer: Multi-Year, Multi-Building PAB Development Complexity
2w ago00:32:00Tap to summarizeOn this episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Novogradac partner Charles Rhuda III, CPA, discuss several challenges that may arise while developing an affordable housing property with multiple buildings financed by private activity bonds (PABs) in combination with 4% low-income housing tax credits (LIHTCs), including when those buildings are placed in service across multiple years. Novogradac and Rhuda highlight several issues that developers, syndicators and investors should be aware of, including satisfying 25% financed-by test requirements and challenges that may come up during the lease-up period. They also discuss potential complications when using recycled PABs and other sources of financing to close the gap.
Transcribe →June 9, 2026: Factors Influencing Tax Credit Equity in 2026, Part Two: Demand
3w ago00:45:00Tap to summarizeTax credit equity pricing is determined by various important supply-and-demand factors. On this episode of Tax Credit Tuesday, Michael Novogradac, CPA, sits down with Novogradac partners and CPAs Tony Grappone, Michael Kressig, Brad Elphick and Dirk Wallace to discuss the factors affecting demand for tax credit equity in 2026 and in the future. The speakers discuss the investor market and pressing issues for low-income housing tax credits (LIHTCs), new markets tax credits (NMTCs), historic tax credits (HTCs) and renewable energy tax credits (RETCs). The five then discuss potential legislative and regulatory changes on the horizon. This episode is the second part of a two-part series, with Part 1 released June 2.
Transcribe →June 2, 2026: Factors Influencing Tax Credit Equity in 2026, Part One: Supply
Jun 200:48:00Tap to summarizeTax credit equity pricing is determined by a variety of critical supply-and-demand factors. On this record-breaking episode of Tax Credit Tuesday, Michael Novogradac, CPA, sits down with Novogradac partners and CPAs Tony Grappone, Michael Kressig, Brad Elphick and Dirk Wallace to discuss various factors affecting tax credit equity supply in 2026 and beyond. The speakers give an overview of new markets tax credits (NMTCs), historic tax credits (HTCs), low-income housing tax credits (LIHTCs) and renewable energy tax credits (RETCs), as well as provide their estimates of what the market size will be in 2026, 2027 and 2028. The speakers then briefly discuss equity pricing in each tax credit area. This episode is the first part of a two-part series, with part two slated to release next Tuesday.
Transcribe →May 19, 2026: 10 Timely Topics Every Renewable Energy Developer Needs to Know to Attract Investors in 2026, Part 2
May 1900:32:00Tap to summarizeWith policy changes such as the July 4th start-of-construction-deadline instituted by the One Big Beautiful Bill Act (OBBBA) rapidly approaching and foreign entities of concern (FEOC) requirements forthcoming from the U.S. Department of the Treasury, renewable energy tax credit (RETC) developers are at a critical moment. In this episode of the Renewable Energy Tax Credit Finance Series, Michael Novogradac, CPA, and Novogradac partner Tony Grappone, CPA, discuss five additional topics every RETC developer should know in order to attract investors in a post-OBBBA world.'They cover how to document start of construction, prevailing wage and apprenticeship (PWA) requirements, common FEOC misunderstandings, cost segregation studies and appraisals and due diligence. Grappone also brings up a bonus topic on tax insurance. This episode is the second part of a two-part series, with part one having released in April.
Transcribe →May 12, 2026: What’s New, What’s Changed and What You Should Know about 2026 Income Limits
May 1200:41:00Tap to summarizeThe U.S. Department of Housing and Urban Development (HUD) released income limits May 1 for fiscal year (FY) 2026. On this week's episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Thomas Stagg, CPA, discuss the new income limits and how they are used to determine eligibility and calculate rent limits for HUD-assisted programs and low-income housing tax credit (LIHTC) properties. Novogradac and Stagg give an overview of the new income limits and review the factors that determine them. The two then discuss the potential impact that income limits will have on year-over-year income growth, as well as factors that various stakeholders should consider. They close the episode with an overview of various Novogradac resources to understand income limits, including the upcoming Novogradac 2026 HUD Rent and Income Limits and Outlook for 2027 Webinar.
Transcribe →May 5, 2026: How AI is Transforming the Landscape for Affordable Housing
May 500:36:00Tap to summarizeArtificial intelligence (AI) and how it can be used safely and efficiently to increase productivity is a hot topic across many industries, and the affordable rental housing world is no exception to the rule. On this week's episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Brad Weinberg, MAI, CVA, CRE, discuss the use of AI in the affordable housing sector. They first discuss the different types of AI, including chatbots, agentic AI and invisible AI. Novogradac and Weinberg then explain Novogradac's AI strategy and explore how Novogradac clients are integrating AI. They conclude the episode by discussing best practices with AI and share their thoughts about the future of the technology.
Transcribe →April 28, 2026: Beginning With the End in Mind: NMTC Exits for Investors and Businesses
Apr 2800:45:00Tap to summarizeUnwinding a new markets tax credit (NMTC) transaction is often complex, requiring thorough knowledge and a careful approach. On this week's episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Nicolo Pinoli, CPA, discuss the exit strategies available to parties of an NMTC investment after the compliance period ends, and the tax issues associated with unwinding. Novogradac and Pinoli discuss the basics of the NMTC and review common NMTC investment structures. The pair then discuss the implications of exit strategies from the perspective of the qualified active low-income community business (QALICB) and the investor, including executing the put-call option, distributing qualified low-income community investment (QLICI) loans and more. The two also highlight the upcoming Novogradac NMTC Exit Strategies Webinar and the Novogradac 2026 Spring Renewable Energy Tax Credits Conference.
Transcribe →April 21, 2026: 10 Timely Topics Every Renewable Energy Developer Needs to Know to Attract Investors in 2026, Part 1
Apr 2100:38:00Tap to summarizeDevelopers in the renewable energy tax credit (RETC) sector are at a pivotal moment, with policy changes such as the July 4th start of construction deadline instituted by the One Big Beautiful Bill Act (OBBBA) rapidly approaching. In this episode of the Renewable Energy Tax Credit Finance Series, Michael Novogradac, CPA, and Novogradac partner Tony Grappone, CPA, discuss five key topics every renewable energy developer should know in order to attract investors in a post-OBBBA world. They discuss start of construction rules, common errors and oversights in developer financial models, the expectations gap between newer RETC developers and the reality of the investor market, the timing of investor capital contributions and co-mingled investment opportunities. This episode is the first part of a two-part series, with part two slated to come out in May.
Transcribe →April 14, 2026: Washington Watch: LIHTC, Opportunity Zones and What’s Next for HUD in 2026
Apr 1400:37:00Tap to summarizeLegislative changes and policy updates have continued to shape the tax credit world over the course of the first quarter of 2026. On the inaugural episode of Tax Credit Tuesday's new Washington Watch series, Michael Novogradac, CPA, and Novogradac Chief Public Policy Officer Peter Lawrence discuss the latest policy updates in the tax credit world from Capitol Hill. The two discuss recent developments regarding the low-income housing tax credit (LIHTC), the opportunity zones (OZ) incentive, as well as the proposed budget for the U.S. Department of Housing and Urban Development (HUD). Novogradac and Lawrence also discuss a variety of resources Novogradac provides to help navigate these developments, including the Novogradac news pages and the various Novogradac working groups.
Transcribe →