Learn the fundamentals of the New Markets Tax Credit incentive, including the background and context, roles of significant players, and typical transaction structures. With a focus on understanding the common and unique goals of Community Development Entities, course participants will leave understanding what type of project is ideal for NMTC. Course leaders each come from a different background in the NMTC industry, and their diverse perspectives offer additional insight into explaining the overall NMTC landscape. As part one in a four-part series, the fundamental topics discussed in this course will be vital to prepare participants for future courses.

Learning Objectives:

• Understanding the history and context of and introduction to New Markets Tax Credits
• Understanding the structure and outlining participant roles in a New Markets Tax Credits transaction
• Understanding how a project can be between technically catalytic versus practically catalytic
• Understanding the common and unique goals of Community Development Entities

Learn the fundamentals of New Markets Tax Credit allocation applications, compliance, and reporting requirements. The guiding document for a Community Development Entity (“CDE”) is its NMTC Application, becoming the roadmap in the execution of the CDE’s goals and objectives.  This course will help guide organizations through the steps of compliance, asset management and the accounting/bookkeeping needs for successful capital deployment.

Learning Objectives:

• Understanding how the NMTC application informs a Community Development Entity’s allocation agreement
• Understanding parameters around deployment of allocation
• Understanding CDFI Compliance and Reporting, including community outcomes tracking
• Understanding steps for managing the NMTC investment

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

Best practices for organizational growth include starting with an assessment of the current strengths and weaknesses, followed by development of a measured approach before taking the next steps on their community development journey. These organizations need tools, just like a compass, to ensure the most efficient path for their strategic growth, mission readiness and expansion opportunities.  This course will help an organization with the initial steps, identify strengths (from key staff to mission, vision and values) and goals to help determine where they are, where they want to be and how to get to the next destination in their ongoing journey.  The course will provide details on how to approach next steps in the world of community development and the available products that can help these organizations meet their mission and goals.

Learning Objectives:

• How to better understand an organization’s foundation, which includes their current products, pipeline and impacts that organization must track
• Understanding the building blocks of becoming a Community Development Entity and Community Development Financial Institution including New Markets Tax Credits and other CDFI grant programs
• Keys to measured and calculated building - successfully adding additional products and/or impacts