Navigating the New Markets Tax Credit Program: A Review of the Program, Process, & Participants
February 7, 2023The New Markets Tax Credit (NMTC) Program can be a powerful economic development tool for distressed communities, low-income persons, and project owners. However, the program is complex, which often results in confusion and discouragement. Our NMTC team will help to break down the complexity, provide an overview of the program, and outline the various participant roles. Following the webinar, you should have a basic understanding of the NMTC Program and how your organization may benefit.
Learning Objectives
Upon completion of this program, participants will be able to:
- Identify the participants of a NMTC transaction
- Describe how each transaction participant benefits from the NMTC Program
- Describe the fundamental community development goals of the NMTC Program
- Identify the key factors that contribute to NMTC transaction success
Presenters
Wes Ernst, Mike Roney
Navigate the New Markets Tax Credit (NMTC) Program with confidence.
NMTC funding requires a detailed transaction model, which often causes delays from time-consuming manual data entry and inefficient spreadsheets. TaxCred PRO® for New Markets Tax Credit is our innovative platform that simplifies this process by generating real-time NMTC models. TaxCred PRO allows our professionals to quickly produce and update a draft, helping you save time and reduce fees.
Our experienced team also can support you with other aspects of the NMTC Program. Whether you’re seeking to understand the program or need sourcing and closing funding, we can help.