Michael Novogradac is the managing partner of Novogradac, which has been in business since 1989. He specializes in affordable housing, community development, historic preservation and renewable energy. Mr. Novogradac’s focus is in real estate taxation and accounting. He is the author of numerous real estate-related tax and accounting articles and books, including the Novogradac Opportunity Zones Handbook, the New Markets Tax Credit Handbook and the Low-Income Housing Tax Credit Handbook. A frequent speaker at tax incentive conferences and forums throughout the country, Mr. Novogradac also broadcasts a weekly podcast, Tax Credit Tuesday. As a leading industry expert, he is frequently quoted in national media, such as The Wall Street Journal, The New York Times, Politico, Bloomberg, Forbes, CNBC News, NBC News, National Public Radio and Crain’s New York Business. Mr. Novogradac is active in advocating for the inclusion of affordable housing, historic preservation, community development and renewable energy incentives in federal and state tax policy, and serves as advisor on industry and governmental affairs for the NMTC Working Group, LIHTC Working Group and the Opportunity Zones Working Group. Mr. Novogradac provides input to the U.S. Department of the Treasury, Internal Revenue Service, Community Development Financial Institutions Fund, and other federal and state agencies as well as members of Congress, including testimony before the United States House Committee on Ways and Means. Mr. Novogradac also serves on the executive committee of the Housing Advisory Group and the boards of directors of the Affordable Housing Tax Credit Coalition, the National Housing Conference, the NMTC Coalition and Historic Tax Credit Coalition. In 2016, Mr. Novogradac was inducted into the Affordable Housing Hall of Fame. He also received The Affordable Housing Visionary Award from The NHP Foundation in 2018, in recognition of his contributions to the affordable housing community and in 2020 was honored as one of the top 25 OZ Influencers through Opportunity Zone Magazine. Mr. Novogradac graduated from the University of California, Los Angeles, with a bachelor’s degree in economics. He received an MBA from the University of California, Berkeley. He is licensed in California, Oregon, Maryland and Texas as a certified public accountant. You can follow Mr. Novogradac on twitter @novogradac and on his blog at www.novoco.com/blog or listen to his weekly podcast at www.novoco.com/podcast.
Thomas Boccia (Copy)
Tom Boccia is a partner in the Cleveland office of Novogradac, where he specializes in community development, including historic rehabilitation tax credit (HTC), new markets tax credit (NMTC) and low-income housing tax credit transactions. Mr. Boccia has more than 30 years of public accounting experience providing audit, tax and consulting services. He has extensive experience providing services to the real estate industry, with an emphasis in commercial and residential development projects. In addition, he has experience with U.S. Department of Housing and Urban Development auditing requirements and providing tax and accounting services to private equity funds. His experience includes working with complex financing for community development real estate developments, including using NMTCs, HTCs, public/private partnerships and other federal, state and local tax credits and incentives. Mr. Boccia also has extensive experience in preparing financial forecasts for HTC and NMTC deals as well as syndicated real estate investments. Mr. Boccia also works extensively with community development entities, tax credit equity sponsors and real estate developers. Mr. Boccia serves as the technical editor for the Novogradac Historic Rehabilitation Handbook and for the HTC content of the monthly Novogradac Journal of Tax Credits. He is a speaker at industry events, and serves as chairman of Novogradac & Company’s annual Historic Tax Credit Conference. Mr. Boccia received a bachelor’s degree in business administration with an emphasis in accounting from Bowling Green State University. He is licensed in Ohio as a certified public accountant.