This course is designed to detail the New Markets Tax Credit program and how its unique design has helped non-profits, manufacturers, developers, and business owners gain access to a low-cost source of capital to solve a portion of their capital needs while creating significant community and economic impact in distressed areas. The course will help identify all areas of funding a capital project and the steps necessary to achieve success with the many nuances of the program.
Securing funding through the NMTC program is a highly competitive process. The course is designed to show the important steps and support needed throughout the lifecycle of the financing. That means taking the time to truly understand a project’s capital needs before engaging with CDEs and NMTC investors. This course will outline the identify and qualifying projects, what makes projects most ideal for investors and CDEs.
Learning Objectives:
- Understanding what New Markets Tax Credits can do to benefit organizations
- Identifying a desirable, eligible project to be selected for NMTC financing
- Understanding and gaining knowledge of all parties involved through the financing structure of an NMTC project
- Funding process looks like and the steps involved