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FLORIDA RECORD

Thursday, March 28, 2024

New Market Tax Credit (NMTC) Workshop on August 19, 2021

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Greenberg Traurig recently issued the following announcement.

Hosted by Nonprofits First, a NMTC Educational Workshop will be presented to invited non-profits to learn how they may utilize this tax incentive program to secure funds for real estate acquisition, construction, business expansion, equipment purchasing, and operations. Topics include:

• New Markets Tax Credit program and/or the capital that is available through NMTC

• Learning about below market financing and financing subsidy for capital projects, equipment purchases, or program expansion investment

• Financing subsidies available for operating nonprofit business and real estate projects which serve distressed communities and the residents

• Nonprofit business or real estate projects serving disadvantaged populations or low-income communities

• Turning tax credits into cash

• Examples of NMTC projects

• NMTC process to secure funds

Presenters include:  Kyle Walton, President, Founder, Classic Lake Consulting & Investing; James A. Barrett, Jr., CPA, Founder, The JABarret Company; and James O. Lang, Shareholder, Greenberg Traurig, P.A.

Date: August 19, 2021

Original source can be found here.

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