The Northeastern Pennsylvania Industrial Resource Center (NEPIRC), in conjunction with Baker Tilly Virchow Krause, LLP, is hosting a no-cost lunch seminar that provides an overview of the New Markets Tax Credits (NMTC).
The NMTC program spurs investment into operating businesses and real estate projects located in low-income communities. New Markets Tax Credits are not designed to be a primary source of funding, but they can be an excellent option to fill a gap in funding for projects that make economic sense. NMTC net proceeds can fund up to 20 to 25 percent of a project and are paired with owner equity, borrowed funds or other available tax credits and incentives.
Register for this lunch and gain a better understanding of how the New Markets Tax Credits program works and how allocation may benefit the capital structure of your project.
Key learning objectives
- A general understanding of New Markets Tax Credits (NMTC)
- How to realize potential benefits of NMTC
- Recognizing NMTC eligibility
Who should attend
CEOs, CFOs, business advisors, consultants and developers
Information about CPE eligibility
There are no prerequisites for this seminar, and advance preparation is not required. There is no cost to attend this event.
CPE credit: One (1) hour total credit
Field of study: Taxes