New Markets Tax Credit Industry Leaders Gather at the Roosevelt Hotel in New Orleans, Oct. 18-19

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Novogradac & Company LLP to Host New Markets Tax Credit Conference

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New Markets Tax Credits Conference

As the NMTC industry continues to evolve and gain recognition, continuing one’s education by staying up to speed on the latest trends and strategies is imperative not only for the success of the individual practitioner, but for the program as a whole.

Since its creation in 2000, the New Markets Tax Credit (NMTC) program has been hugely successful in revitalizing and creating jobs in low-income and disadvantaged communities by leveraging billions of dollars in funding from public and private sources. Fresh off the Senate Finance Committee’s decision to approve a two-year extension of the program, Novogradac & Company LLP, a national certified public accounting and consulting firm heavily active in the NMTC industry, is proud to host hundreds of industry practitioners at this fall’s New Markets Tax Credit Conference in New Orleans, LA.

The NMTC Conference will bring together community development professionals, investors, lenders, attorneys, accountants and other key contributors to the continued success of the NMTC program. The event, which will take place Oct. 18-19 at the Roosevelt Hotel, will provide attendees with the most current information on issues, trends and strategies relating to the NMTC, as well as the opportunity to build new relationships with fellow industry members and strengthen their ability to infuse economic life into the neighborhoods that are most in need. Serving as keynote speaker will be Robert Ibanez, NMTC program manager at the Community Development Financial Institutions Fund.

“With the progress we’ve made in developing the conference from year to year, as well as the overwhelmingly positive and constructive feedback we’ve received, I can safely say that there is no better place to enrich your knowledge, learn about the latest industry news and exchange ideas with the best and most influential professionals in the NMTC industry,” says Brad Elphick, conference chair and partner in Novogradac & Company’s Atlanta office. “As the NMTC industry continues to evolve and gain recognition, continuing one’s education by staying up to speed on the latest trends and strategies is imperative not only for the success of the individual practitioner, but for the program as a whole. The ever-increasing need for community development and infusion of life into distressed neighborhoods can only be met through the continuing education of those in the NMTC industry, and I am proud to say that this conference provides such education, as well as an opportunity to network and facilitate future deals.”

The conference features a wide variety of panels with prominent industry members selected for their specific areas of expertise. In addition to panels that shed light on current events and where the program is headed, the conference will also feature an extensive look at an NMTC transaction’s life cycle, helpful ways to mix subsidies and a roundtable discussion on the most pressing issues currently affecting NMTC transactions.

The conference will also include two pre-conference workshops: NMTC 101: The Basics and NMTC 202: Beyond the Basics, which will both be held on Oct. 17. Registration is separate and additional fees apply.

Conference details and the complete conference agenda can be found at http://www.novoco.com/events/nmtc/new_orleans/agenda.php

The New Markets Tax Credit Conference is co-hosted by Bank of America Merrill Lynch, Butler Snow O'Mara Stevens and Cannada, PLLC, Chase, Dudley Ventures, Elkins PLC, Nixon Peabody LLP, PNC Bank, SNR Denton, Squire Sanders and U.S. Bank. Sponsors include Capital One Bank, Crescent Growth Capital LLC, Pillsbury Winthrop Shaw Pittman LLP, Ballard Spahr LLP, Enterprise, Holland & Knight LLP, Husch Blackwell, KeyBank, Smith NMTC Associates LLC, Advantage Capital Partners, Blank Rome LLP, Coblentz Patch Duffy & Bass LLP, Fishman Haygood Phelps Walmsley Willis & Swanson LLP, Future Unlimited Law PC, Ginsberg Jacobs LLC, Manatt Phelps & Phillips LLP, Law Office of Mark D. Foster, Polsinelli Shughart PC, Snell & Wilmer LLP, Strategic Development Solutions, Wells Fargo, National Trust Community Investment Corporation, Bryan Cave LLP, United Fund Advisors Ariel Ventures LLC, Enhanced Capital and GES Companies.

Novogradac & Company LLP, a national certified public accounting and consulting firm headquartered in San Francisco, Calif., is consistently named by Accounting Today and Inside Public Accounting as one of the top 50 accounting firms in the country. Inside Public Accounting also named the firm as one of the 25 best managed accounting firms in 2010 and the San Francisco Business Times has recognized it as one of only five companies that for five consecutive years has made its list of the Fastest Growing Companies in the Bay Area.

Novogradac & Company LLP has its headquarters in San Francisco, Calif., with offices in metro Atlanta, Ga., Detroit, Mich., Kansas City, Mo., Seattle, Wash. and Washington, D.C., as well as in Austin, Texas; Boston, Mass.; Dover, Columbus and Cleveland, Ohio; Portland, Ore.; New York, N.Y.; and Long Beach, Calif. The firm maintains clients in a broad range of industries with major emphasis in the real estate sector, providing publicly and privately held national and multinational enterprises with a full spectrum of audit, tax, valuation, trust and litigation support, computer consulting and general consulting services.
For more information about Novogradac & Company LLP’s New Markets Tax Credit Conference, contact Jaime LeMaire at 415-356-8057 or jaime.lemaire(at)novoco(dot)com

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