In Part I, we gave you a high-level overview of how New Markets Tax Credits (“NMTC”) and Historic Rehabilitation Tax Credits (“HTC”) can be combined to generate significant private capital for qualified historic projects...more
Yesterday, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 100 Community Development Entities (CDEs) $5 billion in New Markets Tax Credit (NMTC) allocation...more
On June 22, 2020, the U.S. House of Representatives unveiled H.R. 2, the Moving Forward Act, an expansive $1.5 trillion infrastructure bill, proposing an increase in federal funding across a variety of sectors, including...more
I came home from work the other day and my middle child had a kitten in her arms. A mangy, dirty, little dark scrawny kitten…gross. I’m not a cat person. OK, that’s not completely accurate. I friggin’ hate cats. The world...more