Network with Members of Tax Credit Community, Learn More About Upcoming CY 2024-25 Double Round
SAN FRANCISCO, Oct. 24, 2024 /PRNewswire-PRWeb/ -- U.S. Rep. Mike Kelly, R-Pennsylvania, will deliver a keynote address at the Novogradac 2024 Fall New Markets Tax Credit Conference Oct. 24-25, 2024, at The Roosevelt in New Orleans. The two-day event features speakers on some of the most pressing issues facing the new markets tax credit (NMTC), including the credit's legislative horizon, insights from investors and using NMTCs to build housing.
"It's an incredibly exciting time to be working in new markets tax credits," said Brad Elphick, CPA, a partner in Novogradac's metro Atlanta office and conference chair. "Between the announcement of the calendar year 2023 allocations and the preparations for the start of the $10 billion 2024-25 combined round, I'm looking forward to connecting with leaders in the industry to discuss how we marshal the resources of the new markets tax credit in ways that deliver the greatest impact into American communities."
Other sessions on the agenda include panels with a focus on NMTCs in nonmetro areas and Indian country, a case study on an NMTC-supported transaction native to New Orleans and technical tips for qualified active low-income community businesses (QALICBs), community development entities (CDEs), investors and other community members. The full agenda can be found here.
The conference is co-hosted by Capital One, Chase, Dudley Ventures / Valley Bank, Fifth Third Bank, Jones Walker and U.S. Bancorp Impact Finance, sponsored by Bank of America, Barnes & Thornburg LLP, Butler | Snow, Cherry Bekaert, Enterprise, Ginsberg Jacobs LLC, Greenline Ventures, Husch Blackwell, Kutak Rock, Lathrop GPM LLP, Longwell Riess, National Trust Community Investment Corporation, Polsinelli, Smith NMTC Associates LLC and Truist, and features exhibitors Impact Marketplace, Klein Hornig LLP, PNC, Ryan, SB Friedman and Stinson.
In addition to the panel topics, Novogradac will host two pre-conference workshops Oct. 23, 2024. The NMTC Basics Workshop will feature experts teaching the fundamentals of the NMTC program. The NMTC Compliance & Asset Management Workshop, which also is exclusively for in-person attendees, will teach about the compliance requirements by the Internal Revenue Service (IRS) and the Community Development Financial Institutions (CDFI) Fund, recapture risks, allocation agreements and more. Separate registration fees for the pre-conference workshops apply.
About Novogradac
Novogradac, which has been in business for 35 years, has grown to more than 750 employees and partners with offices in more than 25 cities. Tax, audit and consulting specialty practice areas for Novogradac include affordable housing, community development, historic rehabilitation and renewable energy. For additional information on Novogradac's personnel and areas of expertise, visit http://www.novoco.com or call (415) 356-8000.
Media Contact
Events Desk, Novogradac & Co. LLP, (415) 356-7970, [email protected], www.novoco.com
SOURCE Novogradac & Co. LLP
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