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.
48episodes
Episodes
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Aug. 11, 2026: What States can Learn from Hawai‘i about Financing Affordable Housing
Yesterday00:25:00Summary readyThe affordable housing landscape in Hawai'i is one with unique challenges and opportunities'which also provides an opportunity for leadership. On this week's episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Brent Parker, CPA, discuss the distinctive cost drivers for affordable housing in Hawai'i, as well as various federal and state tools that developers can use to build affordable housing throughout the state. Novogradac and Parker give an overview of federal and state low-income housing tax credits (LIHTCs), disaster relief programs, state-level financing programs, 201H exemption and more. The two conclude the episode by giving a sneak peek into the agenda for Novogradac's upcoming 2026 Fall Affordable Housing Conference, Sept. 16-17 at the Hyatt Regency Waik'k' Beach Resort and Spa in Honolulu.
SummaryJuly 28, 2026: Renewable Energy Tax Credit Finance Series: Mid-Year Check-In for Asset Managers or Fund Managers
2w ago00:58:00Summary readyOn this episode of Tax Credit Tuesday's "Renewable Energy Tax Credit Finance" series, Michael Novogradac, CPA, and Tony Grappone, CPA, conduct a mid-year check-in on various topics related to renewable energy tax credits (RETCs). Novogradac and Grappone also discuss key RETC issues to pay attention to midyear, including three Generally Accepted Accounting Principles (GAAP) topics, three tax topics and three financial topics. Additionally, they discuss the U.S. District Court's recent restoration of the 5% safe harbor for renewable energy facilities. and the trial order regarding the Alta Wind I Owner Lessor C, et. al. v. United States 'case, a legal battle that dates back to the first term of President Barack Obama.
SummaryJuly 21, 2026: Washington Watch: What the 21st Century ROAD to Housing Act Means for LIHTC Developers and More
3w ago00:54:00Summary readyThe 21 st Century Renewing Opportunity in the American Dream (ROAD) to Housing Act, which became law July 11, introduced sweeping changes to various housing programs and provisions. On this week's episode of Tax Credit Tuesday's "Washington Watch" series, Michael Novogradac, CPA, and Novogradac Chief Public Policy Officer Peter Lawrence discuss the act and its implications for low-income housing tax credit (LIHTC) developers and other professionals working in affordable housing. The two review 10 ways the bill impacts various programs and provisions, including the public welfare investment provision, build-to-rent provision, HOME investments partnership program, Rental Assistance Demonstration (RAD) and more. Novogradac and Lawrence also discuss the ways in which the bill might affect opportunity zones (OZs) and the new markets tax credit (NMTC) incentive.
SummaryJuly 14, 2026: So You Want to Be a LIHTC Developer: Staying Safe on the 10% Test
4w ago00:44:00Summary readyDevelopers who receive low-income housing tax credits (LIHTCs) must incur at least 10% of the costs that are included in its reasonably expected basis by a specified date determined by federal and, often, state requirements in order to pass what is often called "the 10% test." On this week's episode of Tax Credit Tuesday's "So You Want to Be a LIHTC Developer" series, Michael Novogradac, CPA, and Karie McMillen, CPA, discuss the 10% test and how it came about. Novogradac and McMillen then dive into how the 10% test is calculated as a fraction, reviewing what makes up the denominator and what can potentially go into the numerator. They conclude by addressing some common challenges that developers face when it comes to meeting the 10% test.
SummaryJuly 7, 2026: So You Want to Be a LIHTC Developer: How Location Can Make or Break Your LIHTC Deal
Jul 800:44:00Summary readyThere are advantages and disadvantages to developing real estate in any location. When it comes to affordable rental housing, some locations qualify for a 30% basis boost, which translates to the potential for generating 30% more low-income housing tax credit (LIHTC) equity. On this week's episode of the So You Want to Be a LIHTC Developer, Michael Novogradac, CPA, and Thomas Stagg, CPA, discuss three types of locations eligible for a 30% basis boost: qualified census tracts (QCTs), difficult development areas (DDAs) and a basis boost eligible to developments that have received 9% LIHTC allocation. The two conclude by introducing a new resource available through Novogradac, the Qualified Census Tract Estimator tool.
SummaryJune 23, 2026: OZ 2.0 is Coming: Are You Ready?
Jun 2300:38:00Summary readyThe 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.
SummaryJune 16, 2026: So You Want to be a LIHTC Developer: Multi-Year, Multi-Building PAB Development Complexity
Jun 1600:32:00Summary readyOn 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.
SummaryJune 9, 2026: Factors Influencing Tax Credit Equity in 2026, Part Two: Demand
Jun 900:45:00Summary readyTax 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.
SummaryJune 2, 2026: Factors Influencing Tax Credit Equity in 2026, Part One: Supply
Jun 200:48:00Summary readyTax 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.
SummaryMay 19, 2026: 10 Timely Topics Every Renewable Energy Developer Needs to Know to Attract Investors in 2026, Part 2
May 1900:32:00Summary readyWith 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.
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