In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with a discussion about why the president has issued an early veto threat to the fiscal year 2016 THUD appropriations bill that the House Appropriations Committee approved in May. He also shares how that veto threat could affect Republicans’ strategy to advance their budget plan. In the low-income housing tax credit segment, he talks about changes HUD is considering for how it calculates rental limits in certain housing markets. Then, he shares news about the president’s new top housing advisor. Next, he addresses a state bill that would alter the rights of first refusal for acquiring low-income housing tax credit properties in Texas. In new markets tax credit news, he’ll share some informative statistics on NMTC investments from the program’s inception through fiscal year 2013. After that, he’ll discuss changes to Nebraska’s state NMTC that could make it more attractive to a larger number of investors. In historic tax credit news, he highlights an updated report from the Office of the Comptroller of the Currency on how historic tax credits have brought new life to older communities. Then, in renewable energy tax credit news, he informs listeners which national group of leaders is urging Congress to extend the renewable energy production and investment tax credits immediately. Lastly, he provides a look at why the Government Accountability Office suggests the IRS be required to collect information on taxpayers who claim renewable energy production and investment tax credits.