March 22, 2017 Capitol Hill Briefing
Longtime NMTC champion and original cosponsor of the New Markets Tax Credit Extension Act of 2017 (HR 1098), Congressman Tom Reed will be providing opening remarks. The event will include a video on how the NMTC works and presentations on NMTC projects that were featured in the NMTC at Work in Communities Across America report that the Coalition released in December 2016. Projects include the BlueOak and electronic waste recycling facility in Arkansas, Grady Memorial Hospital Emergency Room Expansion in Georgia, business incubator IndustryDENVER in Colorado and St. Martin de Porres High School in Ohio.
2016 NMTC Coalition Annual Conference
The 2016 NMTC Coalition Annual Conference was held on December 14-15 at the Hotel Monaco in Washington, D.C. This year’s event provided one of the first opportunities for the NMTC industry to engage with the CDFI Fund after the 2015-2016 “super round,” awarding CDEs $7 billion in NMTC allocations. On the legislative front, attendees heard updates on the new Administration and 115th Congress, concerning tax policy and regulatory plans for the NMTC. The conference also featured panels on investing and regulatory matters of importance from NMTC experts.
As in past years, time was set aside for attendees to visit their Members of Congress, as well as attend a Capitol Hill reception. Thank you to all of the conference attendees who made this one of our best attended and most substantive conferences yet. We also thank our conference sponsors for their generous support, including Baker Tilly, Butler Snow, Capital One, Chase, Citi, Dentons, Enhanced Community Development, Mass Development, Nixon Peabody, Urban Action Community Development, and Texas Mezzanine Fund. The agenda and presentations are below.
CDFI Fund PowerPoints
David Meyer: NMTC Chart
Greg Bischak: CIIS Reporting_NMTC Coalition_12-15-16
Minority CDE Training Initiative
Saurabh Narain, NCIF: NMTC Coalition 2016_NCIF Presentation
2016 Conference Agenda