The New Markets Tax Credit Program: Project Readiness & Securing Allocation
This fall, the Community Development Financial Institutions Fund is expected to announce a new $5 billion allocation award to organizations that fund development projects through the New Markets Tax Credit (NMTC) Program. The announcement could mean significant savings for companies, organizations, and projects if they can secure NMTC allocation and funding. Join FORVIS and BrightBridge Capital as we share information about the project selection process, criteria that community development entities (CDEs) and investors use to evaluate projects, and insights to help you prepare your project for potential NMTC funding.
Learning Objectives
Upon completion of this program, participants will be able to:
- Identify how CDEs and investors evaluate and make NMTC investment decisions
- Recognize which facts and circumstances make a project more viable for NMTC funding
- Define the aspects of project readiness that are critical for NMTC project success
If you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at cpecompliance@forvis.com.
FORVIS, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
