Name
Financing Capital Projects with the use of New Markets Tax Credits
Date & Time
Wednesday, June 21, 2023, 12:00 PM - 1:00 PM
Joe Hennessee Trevor Nelson Janee Fenter-Moore
Description

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
Virtual Session Link