Enhanced Capital Partners (“ECP”) and Roeder & Company announce the availability of $32 million in Oregon New Markets Tax Credit Allocation for Oregon projects. ECP’s subsidiary community development entity, Enhanced Capital Development (“ECD”), has been awarded $32 million of allocation by Business Oregon, the agency of the State that administers the program. ECD and Roeder & Company are currently sourcing Oregon transactions that are able to use $4 million of Oregon New Markets Tax Credit allocation, the program cap per transaction. “We are seeing a growing interest in the Oregon tax credit as we continue to advise developers, for- and not-for-profit operating businesses, and others on the mechanics of the program.” Interested parties should contact Mr. Reynold Roeder at 503-320-5540 or Mr. Richard Montgomery at 504-569-7904 regarding the applicability of Oregon NMTCs to their project or capital needs.
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