Note: Session content will remain flexible to incorporate timely updates and evolving market conditions.

Learn about the importance of application writing for New Markets Tax Credits (NMTCs). Cherry Bekaert’s team members will give an overview of the application process, equipping participants with the foundational knowledge needed to navigate the complexities of NMTC application writing, compliance and reporting. As the guiding document for a Community Development Entity (CDE), the NMTC application serves as a roadmap for executing the CDE's goals and objectives.

We will explore the intricacies of application writing, including the deployment of allocations, compliance requirements, and the management of NMTC investments. The session aims to help organizations streamline their application process and maintain successful capital deployment, setting the stage for further detailed instruction once a new director is appointed.

Session #4 Learning Objectives:

• Understand how the NMTC application informs a CDE’s allocation agreement.
• Explore the parameters surrounding the deployment of NMTC allocations.
• Gain insights into CDFI compliance and reporting, including community outcomes tracking.
• Learn the steps involved in managing NMTC investments.

Session #4 Total CPE Hours: 1