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PD515-New Markets Tax Credits

Description

This intensive three-day course, New Markets Tax Credit is designed to take the mystery out of this powerful economic development tool from the basics - what NMTCs are and how they are allocated - through the all-important legal and regulatory parameters, to the financing models that work best and maximize NMTC benefits.  Case studies and hands-on work take you step-by-step through actual NMTC projects, including commercial real estate, mixed-use development that includes significant amounts of housing, community facilities for non-profits, business financing, and projects that include historic rehabilitation tax credits. NDC is a recipient of several large NMTC allocations and has developed successful models for applying them to a full range of community development projects. Participate in this course and begin applying this federal tool to your most pressing economic development needs. Specific topics include:

  • New Markets Tax Credits
    • Program fundamentals
    • Project underwriting
    • Investors, lenders, developers and the financing process
    • Regulations include the latest updates
    • Application requirements
    • Finding potential investors
    • Recapture of credits
  • Using NMTCs for Real Estate Development
    • Commercial real estate, mixed-use and non-profit facilities projects
    • Measuring debt and equity attracted
    • Determining the financing gap
    • Using NMTCs to close the gap
  • NMTCs for Business Development Projects
    • Measuring repayment ability
    • Structuring gap financing using NMTCs
  • Program Models
    • Leveraged equity model—public sector, conventional lender, private investor
    • Debt service subsidy model
    • Historic Rehabilitation Tax Credits and NMTCs

 

CM 22.00 





Classes

Add Section Location Instructor Dates Days Times Fees Details Open
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PD515-0319AR
Arlington VA
Westin Crystal City
Mooney 3/12 - 3/14 Tu We Th Varied $825.00 View
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PD515-0819LA
Los Angeles CA
Westin Bonaventure
Trevisani 8/27 - 8/29 Tu We Th Varied $825.00 View