Novogradac & Company Llp

July 25, 2023: Factors Influencing the Tax Credit Market: Supply

Informações:

Synopsis

Community development tax incentives create a multi-billion-dollar annual market for tax credits, including the low-income housing tax credit, new markets tax credit, historic tax credit and various clean energy tax credits. On this week's Tax Credit Tuesday, Michael Novogradac, CPA, is joined by Novogradac partners Tony Grappone, CPA; Dirk Wallace, CPA; and Brad Elphick, CPA; for Part 1 of a two-part podcast series on the entire tax credit equity market. In this podcast, the focus on the supply of tax credits, beginning with a look at the state of the current tax credit equity market in each of the four major areas, including the typical tax credit price. After that, they look at the overall size of the tax credit equity market and describe the primary investors. They wrap up with a look at legislative proposals and what effect they could have on the various tax credit equity markets, then preview next week's podcast, which will focus on the demand side of the economic equation.