Upcoming Sessions

Demystifying the Grant Writing Process to Access New Markets Tax Credits (NMTCs)

Tuesday, June 25, 2024, 11:00 AM - 12:00 PM

When looking to secure competitive grant funds for a project or program, including New Markets Tax Credits (NMTCs), it is important to understand all that goes into successful grant applications and how to tell your story most effectively. Organizations often struggle in assessing their own capacity, sourcing grant funds, building their project team and understanding the responsibilities associated with new funding sources. Join this session if you’re interested in learning more about grant application best practices and the financial implications to consider when seeking a funding source.

There are many best practices to follow when applying for grant funds. Our knowledgeable team members will discuss the most efficient ways to secure funding while staying true to your organization’s mission. At the end of this course, participants will come away with a better understanding of how to establish an ideal project that achieves significant community impact through grant funding.

Learning Objectives:

  • Determine how to successfully seek grants and how to define success
  • Learn grant writing best practices and how to make your story stand out
  • Understand the financial considerations when looking at added costs of the funding source
  • How to use internal and external resources to pull together the most effective project team 
  • Bonus: Decoding the NMTC Debrief
Lauren Kilbourne - Cherry Bekaert
Laurel Tinsley - Cherry Bekaert


How to Gain a Competitive Advantage and Unlock Access to Scarce Resources

Wednesday, July 24, 2024, 12:00 PM - 1:00 PM

The New Markets Tax Credits (NMTC) program was created to aid low-income communities by incentivizing investments in a wide range of businesses that bring employment opportunities and increased access to community resources. Join this session if you’re interested in learning about what goes into capital project funding within the industrial manufacturing, not-for-profit, and real estate and construction industries!

Due to the highly competitive nature of securing a NMTC allocation, it is important for businesses to understand what factors they should be prepared for. Without this awareness, businesses could fall short of meeting project funding requirements if NMTCs are not secured. Our knowledgeable team members will outline the nuances, pain points, timelines, and concepts of NMTC transactions. Upon completion of this course, participants will have a newfound understanding of capital project funding and understanding the NMTC program. 

Learning Objectives:

  • Analyze the breadth of the NMTC program
  • Identify strategic uses of working capital funds
  • Determine manufacturer site evaluations and how new market sites vary
  • Describe advantageous funding strategies and the required components
Trevor Nelson - Cherry Bekaert
Joe Hennessee - Cherry Bekaert
David Altman - Cherry Bekaert


From Strategic Planning to Implementation

Tuesday, August 27, 2024, 12:00 PM - 1:00 PM

Implementing a strategic plan to accomplish your organizational and community goals is crucial to obtaining and securing lasting impact. However, this can prove daunting for community development organizations. Join this session to learn more about how community development organizations can execute their strategic plans, from capitalization strategies to community impact reporting.

A common misconception many organizations have regarding New Market Tax Credits (NMTCs) is the belief that the program is not a good fit for them. During this session, our knowledgeable team members will talk about best practices to receive project funding through the Community Development Financial Institutions Fund and institutional investors and how to have a lasting impact on the community. Participants will come away with a deeper understanding of project financing capitalization and how to secure or provide funding through the NMTC program.

Learning Objectives:

  • Acquire more insights on implementing your community development strategy
  • Identify CDFI grant components and how to retain the financial value
  • Apply best practices when seeking funding from institutional lenders
  • Identify how NMTC allocations can benefit your organization
Laurel Tinsley - Cherry Bekaert
Jason Callaham - Cherry Bekaert
LaShawn Taylor - Cherry Bekaert


Becoming a Trusted Community Development Entity

Tuesday, September 24, 2024, 12:00 PM - 1:00 PM

Join this session to learn about the important role of certified Community Development Entities (CDEs) in community development through the New Market Tax Credit (NMTC) program. As a certified CDE, organizations have unique opportunities and obligations to make a difference in the community. Our team of experts will guide you through the advantages of certification and the certification process, including the additional opportunities to engage with your community through other funding programs and participation in local economic development initiatives.

We will explore the crucial role CDEs play in deploying NMTC allocations to support larger community initiatives and discuss best practices for managing community relationships to ensure the greatest impact.

By attending this webinar, you will gain a broader understanding of the role CDEs play in community development and come away with actionable strategies to succeed in this important work. Don't miss out on this opportunity to learn from our knowledgeable team members and take your community development efforts to the next level.

Learning Objectives:

  • Analyze the intricacies of a CDE and the community
  • Determine the advantages of becoming an effective CDE
  • Acquire a deeper understanding of the advisory board’s role in project financing
Jason Callaham - Cherry Bekaert
Emma Wyatt - The Innovate Fund
Laina Wolf - Cherry Bekaert


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