The New Markets Tax Credits (NMTC) program was created to aid low-income communities by incentivizing investments in a wide range of businesses that bring employment opportunities and increased access to community resources. Join this session if you’re interested in learning about what goes into capital project funding within the industrial manufacturing, not-for-profit and real estate & construction industries!
Due to the highly competitive nature of securing a NMTC allocation, it is important for businesses to understand what factors they should be prepared for. Without this awareness, businesses could fall short of meeting project funding requirements if NMTCs are not secured. Our knowledgeable team members will outline the nuances, pain points, timelines and concepts of NMTC transactions. Upon completion of this course, participants will have a newfound understanding of capital project funding and understanding the NMTC program.
Learning Objectives:
- Analyze the breadth of the NMTC program.
- Identify strategic uses of working capital funds.
- Determine manufacturer site evaluations and how new market sites vary.
- Describe advantageous funding strategies and the required components.