Novogradac & Company Llp

Today is June 3rd, 2008 and this week we will discuss legislation introduced in Congress that would allow more lowincome members of the armed forces to qualify to live in tax credit financed rental housing. We will also examine 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. Finally, we'll share some statistics on the audit status of the new market tax credit program.