The National Development Council's New Market Tax Credits (NMTC) Program is an intense, three-day course that takes participants from what NMTCs are and how they are allocated, to the legal and regulatory parameters, to the financing models that work best. Participants learn NMTC alphabet soup, how to tell a QEI from a QLICI, what a CED does and what kind of enterprise qualifies as a QALICB. There is no prerequisite for this course.
NMTCs:
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Program Fundamentals
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Project Underwriting
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Investors, Lenders, Developers, and the Financing Process
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Regulations
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Application Requirements
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Finding Potential Investors
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Recapture of Credits
Using NMTCs for Real Estate Development:
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Commercial Real Estate, Mixed-Use, and Non-Profit Facilities Projects
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Measuring Debt and Equity
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Determining the Financing Gap
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Using NMTCs to close the Gap
NMTCs for Business Development Projects:
Program Models:
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Leverage Equity Model - Public Sector/Conventional Lender/Private Investor
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Debt Service Subsidy Model
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Historic Rehabilitation Tax Credits and NMTCs
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