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Robin Boyce Joins Advisory Board

5/22/2015

Roeder & Company welcomes the addition of Robin Boyce to its Advisory Board. Ms. Boyce is the Executive Director of the Housing Development Center, a nonprofit consulting organization the provides affordable housing development, asset management training and technical assistance, and affordable housing policy research and development. Ms. Boyce is also Executive Director of the HDC Community Fund, HDC’s related Community Development Financial Institution, which provides loans to mission-driven developers of community facilities and affordable housing.

“Robin has over 30 years of experience serving low-income communities. Adding her to our Advisory Board deepens our expertise in mission-driven development,” said Reynold Roeder, CEO of Roeder & Company, LLC. Ms. Boyce will join Kevin Campbell, Victor Merced, Gary Neal, and Matt Burton on Roeder & Company’s Advisory Board.

For further information, call 503-641-5457.

Oregon New Markets Tax Credit financing closes for Coquille Indian Tribe acquisition of ancestral timberland

5/8/2015

Roeder & Company, LLC and Enhanced Community Development announce the closing of an $8 million Oregon New Markets Tax Credit (NMTC) financing for the Coquille Indian Tribe’s re-acquisition of 3,185 acres of timberland in rural Curry County, Oregon. This land is part of the ancestral homeland of the Coquille Tribe and the acquisition of the land contributes to the Tribe’s long-term vision and plan for economic self-sufficiency and cultural revitalization. The land is also very significant from a conservation perspective as it provides critical habitat for chinook salmon spawning.

In addition to Oregon NMTCs, the Tribe received a significant allocation of Federal NMTCs from Ecotrust, a national Community Development Entity (CDE) headquartered in Portland, Oregon. The Oregon and Federal NMTC financings enabled the Tribe to purchase the land, hire five low-income individuals, and implement a forest management plan certified by the Forest Stewardship Council.

“This acquisition is culturally significant for us as the acreage is part of our Tribe’s ancestral homeland,” said George Smith, Executive Director of the Tribe. “The NMTC net benefit has helped us give our members an opportunity to reconnect to that land.”

“NMTCs were essential in this transaction, as the Tribe would not have been able to complete the acquisition with traditional market-rate financing. The net benefit from these tax credits has enabled the Tribe to expand its timber holdings by 60 percent,” said Roeder & Company CEO Reynold Roeder.

For more information about the Coquille Indian Tribe, please visit www.coquilletribe.org.

Robin Boyce Joins Advisory Board

Oregon New Markets Tax Credit financing closes for Coquille Indian Tribe acquisition of ancestral timberland

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