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2!! Day of Novogradac Form

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Michael Novogradac, CPA: Hello, I'm Michael Novogradac and this is Tax CreditTuesday. This is the Sept. 26, 2023, podcast. In today's show, we're going to cover developer-prepared financial forecasts. This episode is another installment in our recurring "So You Want to Be a LIHTC Developer" podcast series. This series is geared toward helping real estate developers learn more about building affordable housing using the low-income housing tax credit along with private-activity bonds. The low-income housing tax credit, often called the LIHTC, is the most successful federal incentive ever to build and renovate affordable rental housing. Simply put, without the incentive, LIHTC-supported affordable rental housing does not generate sufficient gross revenue to be financially viable. This episode is the first of what we envision will be multiple episodes discussing developer-prepared financial forecasts. Today, we're going to cover some of the

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