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Financing Community Facilities with Federal Tax Credits
Wednesday, August 31, 2011 from 6:00 PM to 9:00 PM (PDT)
New Markets Tax Credits (NMTCs) are a financing option for community developers to develop facilities and create economic development opportunities in low-income communities. They can be used to leverage grants and the value of donated property to fill financing gaps. This workshop will outline how NMTC financing is used to leverage funding. Examples provided will look at projects that need to generate 10 - 20% of their development budget to fill a funding gap.
Click Here to read about projects that have utilized New Markets Tax Credit Financing.
Parking restrictions will be relaxed in the UBC designated parking rows located in front of the Peters Building.
When & Where
Northern California Community Loan Fund
The Northern California Community Loan Fund (NCCLF) provides financing and expertise to strengthen low-income neighborhoods and enable disadvantaged people to build a better future.
Since 1987 we have been dedicated to strengthening the economic base of low-income communities by assisting community-based organizations and enterprises that promote housing, economic development, human services and models of participatory ownership and management.