Oregon NMTC ProgramWith the passage of Senate Bill 817, Oregon has now implemented a State NMTC program. Administrative rules have also been issued. As such, a tax credit is available for investors making a loan or equity investment into a qualified CDE that in turn makes a QLICI into a project. The credit is 7% in year three and 8% in years four through seven. The maximum eligible basis for any one project is $4 million, generating $1,560,000 in Oregon tax credits. Any unused tax credit carries forward until utilized. Roeder & Company is working with Enhanced Capital Partners to place $32 million of Oregon NMTC allocation into Oregon projects. If you have an Oregon project or are interested in purchasing the Oregon tax credit, please contact us.
|
|