Author: Max Smith

months ago[1] Bob Labes and I wrote a blog post about the $78 billion tax bill, which includes a provision to support affordable housing by reducing by 40% for a limited time the tax-exempt financing requirements for developers to qualify for the 4% Low-Income Housing Tax Credit (4% LIHTC). This got us thinking about how state cap allocations are lacking in some states, and what happens if developers still can't get a cap allocation for their projects. Are developers out of luck? Do they have other options? If a developer is only considering a 4% LIHTC, the answer is probably…

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Cybersecurity for programmable logic controllers (PLCs) is the process of safeguarding the integral components of industrial control systems (ICS) from possible cyber threats. These constituents are used in different sectors, like manufacturing, energy, and transportation. PLCs play a pivotal role in automating and overseeing complicated industrial processes. Any violation of the security of these systems can lead to alarming consequences. This may include operational disruptions, equipment impairment, and, in extreme cases, physical harm to individuals. PLC cybersecurity includes a gamut of protective measures. It ranges from risk assessments, access controls, and intrusion detection to the formulation of incident response plans.…

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GameSpot may earn revenue from affiliate and advertising partnerships for sharing this content, as well as purchases made through our links. Video game TV adaptations are nothing new. In the 80s we had The Super Mario Bros. Super Show, The Legend of Zelda, Captain N: Game Master, Pac-Man, and many more. In the 90s we started seeing a lot more. But the difference between 80s TV shows and those of the following decades is that the quality has improved dramatically. More recently we have Fallout and The Last of Us, which are not only great adaptations but also great standalone…

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College football fans, the EA Sports College Football 25 video game is one step closer to its release on July 19. Click here to pre-order the game. The video game series returns for the first time since the release of NCAA Football 14 in July 2013, and it's hard to contain the excitement. Anticipation for this video game continues to grow as EA Sports revealed some gameplay on their social media accounts on Friday morning. We're one step closer to making every day a game day.#CFB25 Released on July 19th Pre-order now 🔗: https://t.co/h079QzWxaP pic.twitter.com/t2t5r6olzA— EASPORTSCollege (@EASPORTSCollege) May 31, 2024I'll…

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The Dow Jones Industrial Average (^DJI) ended the last trading day of May by closing 575 points intraday. In the shortened trading week, the S&P 500 (^GSPC) fell by 0.51%, while the Nasdaq Composite (^IXIC) fell 1.10% in the last four days. Donald Trump’s guilty verdict has spurred debate about its impact on the upcoming presidential election and the broader market. With April’s PCE (Personal Consumption Expenditures) inflation data landing within expectations, conversations returns to higher-for-longer interest rates.For more expert insight and the latest market action, click hereVideo TranscriptThere is the closing bell on Wall Street and now it’s market…

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Private credit has attracted interest from big banks like Goldman Sachs (GS) and Wells Fargo (WFC), which have raised roughly $50 billion in private credit investments, Bloomberg reports. Yahoo Finance's Julie Hyman breaks down the private credit landscape.For more expert insights and the latest market trends, click here to watch the full episode of “Ask the Trends.”This post Angel SmithVideo TranscriptMulti-Billion Dollar Private Credit Banks and major corporations have invested more than $50 billion in private credit in recent months, a relatively new asset class.This is a Bloomberg segment that analyzed private credit trends and the risks they pose.Julie Hyman…

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On May 23, the U.S. Department of Housing and Urban Development (HUD) announced an enhanced cybersecurity incident reporting regime for Federal Housing Administration (FHA)-certified mortgage borrowers. The new requirements, which are an update to Single-Family Housing Policy Handbook 4000.1, require FHA-certified mortgage borrowers to report a “suspected significant cybersecurity incident” within 12 hours of detection. The new requirements require FHA-approved mortgage holders to report to HUD any “suspected” significant cyber incidents that occur. HUD defines a cyber incident as an event that (1) “actually or potentially jeopardizes the confidentiality, integrity, or availability of information or information systems without legal authority,”…

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Sen. Ron Wyden (D-Ore.), a frequent critic of technology and digital privacy, blasted the CEO of UnitedHealth Group (UHG) for appointing a CISO that Wyden deemed “unqualified,” a decision he claims likely contributed to the recent ransomware debacle. In letters to FTC Chairman Lina Khan and SEC Chairman Gary Gensler, Wyden sharply criticized UHG and implored regulators to investigate the health care company's numerous failings leading up to the ransomware attack that shut down services across the US. One of the high-profile missteps, according to the senators, involved CISO Steven Martin, who was appointed by UHG in 2023. Wyden justified…

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There's nothing quite like an orchestra, and listening to talented musicians perform beautifully while surrounded by an equally passionate audience is truly an incredible experience. What I like about the orchestra is that it's very diverse. There are things that are more traditional, Mahler's Symphony No. 5or pop culture focused, where an orchestra plays live music while you watch a film. In recent months, I've particularly enjoyed the latter, and have been enjoying the original Superman and Pirates of the Caribbean: The Curse of the Black Pearl Accompanied by the wonderful Toronto Symphony Orchestra (TSO). But it was the TSO's…

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