In August of 2012 Oregon created a New Markets Tax Credit program and authorized $200 million in allocation authority. This little-understood program has now been in existence for over a year and has built a track record of financial closings. Interested to know how the NMTC Program can help your project succeed? Please join Roeder & Company, LLC for a free seminar on how New Markets Tax Credits can be used as a financing tool for projects that are either located in low-income communities or serve low-income individuals. Reynold Roeder and Sara Pietka of Roeder & Company, LLC will provide an overview of New Markets Tax Credits, including:
Federal NMTC Program
Oregon State NMTC Program
Attendance is free, but please register by contacting Sara Pietka (503-641-5457 or [email protected]) for one of the below sessions. You can also register online at http://www.rroeder.com/learn-more.html. All seminars will last from 9:00 AM to 11:00 AM, and will include a complimentary continental breakfast. The seminars will be held at our offices at 13635 NW Cornell Road, Suite 200, Portland, OR 97229. Space is limited.
The New Markets Tax Credit (NMTC) Program was established by U.S. Congress in 2000 to increase investment in the nation’s low-income communities. Transactions can be used to attract additional affordable capital to projects that are perceived as high-risk or lacking sufficient capital. NMTCs are an established tool for economic development wherein developers can enjoy subsidized rates on debt or receive additional tax credit equity and investors can fulfill Community Reinvestment Act (CRA) objectives.
NMTCs have proven effective in bridging financing gaps for projects in several sectors including non-profits to start-ups. The NMTC Program is also extremely flexible. Transactions can be structured to work with other government funding programs such as SNAP bonds, USDA loans, Private Activity Bonds, various grants, and more.
For more information on the NMTC program, please visit our website at www.rroeder.com.
Federal NMTC Program
- History of the Federal NMTC Program
- Program eligibility and project types
- Key players in the process
- Overview of typical structures
Oregon State NMTC Program
- History of the Oregon State NMTC Program
- Program eligibility and project types
- Key players in the process
- Case Studies: Typical structures, financial benefits, common pitfalls, compliance requirements, exits
Attendance is free, but please register by contacting Sara Pietka (503-641-5457 or [email protected]) for one of the below sessions. You can also register online at http://www.rroeder.com/learn-more.html. All seminars will last from 9:00 AM to 11:00 AM, and will include a complimentary continental breakfast. The seminars will be held at our offices at 13635 NW Cornell Road, Suite 200, Portland, OR 97229. Space is limited.
- Tuesday, December 17, 2013
- Thursday, January 9, 2014
- Tuesday, January 28, 2014
- Thursday, February 13, 2014
- Tuesday, February 25, 2014
The New Markets Tax Credit (NMTC) Program was established by U.S. Congress in 2000 to increase investment in the nation’s low-income communities. Transactions can be used to attract additional affordable capital to projects that are perceived as high-risk or lacking sufficient capital. NMTCs are an established tool for economic development wherein developers can enjoy subsidized rates on debt or receive additional tax credit equity and investors can fulfill Community Reinvestment Act (CRA) objectives.
NMTCs have proven effective in bridging financing gaps for projects in several sectors including non-profits to start-ups. The NMTC Program is also extremely flexible. Transactions can be structured to work with other government funding programs such as SNAP bonds, USDA loans, Private Activity Bonds, various grants, and more.
For more information on the NMTC program, please visit our website at www.rroeder.com.
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