2021 NMTC Coalition Policy Conference

June 17th, 11:00 a.m. to 6:10 p.m. ET (virtual)

The NMTC Coalition’s 2021 Virtual Policy Conference took place on June 17, 2021. The conference, which was held virtually this year, is typically held in Washington, D.C. and brings together Community Development Entities (CDEs), investors, and policymakers who are engaged with the NMTC. We expect to have record attendance, with NMTC practitioners participating from all across the country.

Thank you to our conference sponsors:

Conference Agenda: Thursday, June 17, 2021

Welcome by NMTC Coalition President

Yvette Ittu, President of the NMTC Coalition, Cleveland Development Advisors

Yvette Ittu's Remarks

Congressional Keynote: Rep. Richard Neal (D-MA)

Rep. Neal's Remarks (6/17/21)

Recent Program Updates

2021 NMTC Progress Report

Paul Anderson, Rapoza Associates

Paul Anderson's Presentation

Urban Institute NMTC Report

Brett Theodos, Urban Institute

Brett Theodos' Presentation

Congressional Keynote: Sen. Mark Warner

Senator Warner's Remarks (6/17/21)

Congressional Keynote: Sen. Ben Cardin (D-MD)

Senator Cardin's Remarks (6/17/21)

Policy and Legislative Update

Bob Rapoza, Rapoza Associates

Bob Rapoza's Presentation

Lunch Break

Hill Panel

This panel will discuss infrastructure, the legislative hurdles to making a deal, and what the final six months of the 117th Congress may bring.


  • Bob Rapoza, Rapoza Associates


  • Beth Bell, House Ways and Means Committee, Majority
  • Paul Guaglianone, Office of Senator Roy Blunt
  • Ron Storhaug, Office of Senator Ben Cardin

Congressional Keynote: Sen. Roy Blunt (R-MO)

Introduction by Bob Rapoza, Rapoza Associates

Policy Keynote: Jodie Harris

Director, CDFI Fund, U.S. Department of the Treasury

Introduction by Merrill Hoopengardner, National Trust Community Investment Corporation

Director Harris' Remarks

Insights from Treasury

Treasury panelists will provide an update on their priorities, data, and guidance related to the New Markets Tax Credit program.


  • Merrill Hoopengardner, National Trust Community Investment Corporation


  • Christopher Allison, Program Manager for the NMTC, CDFI Fund
  • Trefor Henry, Associate Program Manager, Compliance, Monitoring and Evaluation, CDFI Fund
  • Oscar Gonzales, Associate Program Manager, Financial Strategy and Research, CDFI Fund

Panel Video

Policy Keynote: Noel Poyo

Deputy Assistant Secretary, Community and Economic Development, U.S. Department of the Treasury

Poyo's Remarks

Law Firm Panel

During this session, a panel of legal experts will discuss trends and issues they are seeing in the NMTC industry as we emerge from the pandemic.


  • Andrew Swary, Finance Fund


  • Carol J. Mihalic, Kutak Rock, LLP
  • Jennifer Simmons, Dentons 

Panel Video

NMTC Investor Roundtable

Join NMTC investors as they discuss issues ranging from recent shifts in pricing, the impact of proposed tax policy changes, and other issues facing NMTC investors.


  • Michael Novogradac, Novogradac & Company
  • Ira Weinstein, CohnReznick


  • David Gibson, PNC Financial Services Group
  • Steve Ross, Truist Community Capital
  • Laura Vowell, U.S. Bancorp Community Development Corporation
  • Lee Winslett, Wells Fargo Community Lending & Investment

Panel Video

Closing Remarks

Bob Rapoza, Rapoza Associates

Yvette Ittu, NMTC Coalition President, Cleveland Development Advisors

Parting Words