Join us for an insightful exploration into Project Financing with a focus on New Markets Tax Credits (NMTCs). Our professionals will guide you through the intricate landscape of project financing when utilizing NMTCs, a powerful tool for generating capital in underserved communities. While NMTCs are a critical resource, they are just one of many tools available. We will also touch on complementary programs often used alongside NMTCs to create impactful, financially sustainable projects.

Cherry Bekaert’s knowledgeable team will provide a comprehensive overview of structuring projects to qualify for NMTCs while focusing on the essential strategies for aligning projects with NMTC criteria. Participants will gain valuable insights into the latest trends and best practices, equipping them to navigate the complexities of NMTC project financing with confidence.

Session #1 Learning Objectives:

• Gain a thorough understanding of how NMTCs can be leveraged to finance impactful projects.
• Learn to identify and structure projects that are attractive to CDEs and NMTC investors.
• Explore the roles and relationships among key stakeholders in an NMTC financing arrangement.
• Master the steps involved in the funding process, from project inception to securing NMTC financing.
• Understand how other programs, such as Community Development Block Grants (CDBG), Historic Tax Credits (HTC), U.S. Department of Agriculture (USDA) financing, and state and local incentives, can complement NMTCs in layered financing structures.

Session #1 Total CPE Hours: 1