News:
Article of the Month
May 2008
Housing Community Marks
40th Anniversary of the Fair Housing Act
By Alex Ruiz, Managing Editor, Novogradac & Company LLP
April 2008
New HUD Policy on FHA Insurance Crafted with
New Markets in Mind
By Monica H. Sussman and Andrew S. Potts, Nixon Peabody
March 2008
Allocated and Certificated Credits: What Matters When Combining State Tax Credits and NMTCs
By Jeffrey D. Gaulin Esq, Holland & Knight LLP
February 2008
Sixth Allocation Application Round to Focus on Serving Non-Metropolitan Counties
By Alex Ruiz, Managing Editor, Novogradac & Company LLP
January 2008
Sixth Round of New Markets Tax Credit
Competition Opens
By Alex Ruiz, Managing Editor, Novogradac & Company LLP
December 2007
The Fundamentals of Ohio’s Historic Tax CreditBy J. Seth Metcalf, Squire Sanders & Dempsey LLP
November 2007
CDFI Fund Announces Fifth Round of NMTC AllocationsBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
October 2007
Analyzing QALICB Reserves - Working Capital vs. Nonqualified Financial PropertyBy Scott A. Lindquist and Jonathan M. Kaden, Sonnenchein Nath & Rosenthal LLP
September 2007
An Update on Past and Future Allocation, Application RoundsBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
August 2007
Federal Agencies Propose Revisions to Interagency CRA GuidanceBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
July 2007
NMTCs Paired with TEBs to Finance Charter School FacilitiesBy Anne Townsend, Staff Writer, Novogradac & Company LLP
June 2007
Comments Invited on Long-Awaited Non-Metro QEI RuleBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
May 2007
Financing Nursing Homes and Assisted Living Facilities with NMTCs Part IIBy Kristin A. DeKuiper and Jeffrey D. Gaulin, Holland & Knight
April 2007
Financing Nursing Homes and Assisted Living Facilities with NMTCs Part IBy Kristin A. DeKuiper and Jeffrey D. Gaulin, Holland & Knight
March 2007
GAO Releases Report on Impact of New Markets Tax CreditBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
February 2007
Paulson Announces Kimberly A. Reed to Head CDFI FundBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
January 2007
Congress Extends NMTC Program for One YearBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
December 2006
Small Business Administration Pilots New Markets Tax Credit Lending InitiativeBy Anne Townsend, Staff Writer, Novogradac & Company LLP
November 2006
CT/KDF Awarded $90 Million for Infill Mixed-Use DevelopmentsBy Anne Townsend, Staff Writer, Novogradac & Company LLP
October 2006
Calculating the Value of the New Markets Tax CreditBy Scott A. Lindquist, Sonnenschein Nath & Rosenthal, and Robert J. Wasserman, U.S. Bank Community Development Corporation
September 2006
CDFI Fund Releases Draft Allocation AgreementBy Brad Elphick, CPA, Novogradac & Company LLP
August 2006
CDFI Fund and IRS Issue Guidance on Targeted Populations with Notice 2006-60By Brad Elphick, CPA, Novogradac & Company LLP
July 2006
Treasury, CDFI Fund Announce $4.1 Billion in New Markets Tax CreditsBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
June 2006
CDFI Announces First Use of New Markets Tax Credits to Create Affordable For-Sale HousingBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
May 2006
CDFI Fund Announces Preliminary Analysis of NMTC Transaction DataBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
April 2006
Additional NMTCs to be Allocated in GO ZoneBy Alex Ruiz, Managing Editor, Novogradac & Company LLP
March 2006
NMTC Program’s Community Impact — Strategies and ResultsBy Lindsay Weiford, Staff Writer, Novogradac & Company LLP
February 2006
Proposed Interpretation May Affect Accounting for NMTC InvestmentsBy Diana Letsinger, CPA, and Bryan Hung, Novogradac & Company LLP
January 2006
Phoenix Mayor Announces $25 Million NMTC Funds Available for Phase 1 of Downtown Medical SchoolBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
December 2005
Final Allocation Agreement Template for 2005 Awards AvailableBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
November 2005
Industry Continues to Seek Support in Congress for NMTC Extension LegislationBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
October 2005
Industry Participants Comment on Latest Draft Allocation AgreementBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
September 2005
COMMENTARY: There’s Always Room for Kelo: Court’s Decision on Eminent Domain and Economic Development Unleashes Strong OppositionBy Harry J. Kelly, Nixon Peabody LLP
August 2005
Fourth Round of NMTC Competition Opens, $3.5 Billion AvailableBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
July 2005
CDFI Coalition Analyzes the First Three Rounds of NMTC AllocationsBy Jennifer A. Vasiloff and Joe Akman, CDFI Coalition
June 2005
Third Round of NMTC Allocations AnnouncedBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
May 2005
NMTCs Support Expansion of Grocery Chain in WisconsinBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
April 2005
California, Indiana Legislatures Consider State New Markets MeasuresBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
March 2005
Final NMTC Regulations, Take TwoBy Scott A. Lindquist, Sonnenschein Nath & Rosenthal
February 2005
Brownfields Get a Boost in Michigan and in a Congressional ProposalBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
January 2005
Treasury, IRS Publish Final RegulationsBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
December 2004
HUD’s 108 Program Holds Potential for Leveraging NMTCsBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
November 2004
Garcia Shares Latest NMTC DevelopmentsBy Heidi Jarchow, Novogradac & Company LLP
October 2004
Hunter Chase Seeks to Clarify Certain NMTC Issues on Real Estate InvestmentsBy Thomas G. Tracy, Hunter Chase & Company
September 2004
Treasury Opens Third Round of NMTC AllocationsBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
August 2004
NMTC Issues and Concerns Determine How Investors are Putting Together DealsBy Brad Elphick, Novogradac & Company LLP
July 2004
Panelists Discuss Risks and Benefits of a Leveraged TransactionBy Stephanie Hill, Novogradac & Company LLP
June 2004
CDFI Fund Awards $3.5 Billion in New Markets Tax CreditsBy Diana Letsinger, CPA, and Elaine Chang, Novogradac & Company LLP
May 2004
FHLBank of Atlanta Announces Maiden NMTC InvestmentsBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
April 2004
Treasury Publishes Revised New Markets Tax Credit RegulationsBy Owen P. Gray, CPA, Novogradac & Company LLP
March 2004
GAO Report: Further Actions Needed to Monitor NMTC Program ComplianceBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
February 2004
Profit Motive and Section 45D Part two of twoBy Thomas Stephens, Sonnenschein Nath & Rosenthal
January 2004
Profit Motive and Section 45DPart one of twoBy Thomas Stephens, Sonnenschein Nath & Rosenthal
December 2003
New Markets Tax Credits in Action — With an Historic FlavorBy Donald S. Holm III and Erica Stewart, National Trust for Historic Preservation
November 2003
Can Tier 2 Cities Compete in the NMTC Program? It's Happening in Memphis!By James F. Mingey, National Economic Opportunity Fund
October 2003
Opportunities and Issues in Combining NMTCs and Historic CreditsBy Ruth Sparrow, Garvey Schubert Barer
September 2003
Tracy's Theorems on LeveragingBy Thomas G. Tracy, Hunter Chase & Company
August 2003
Staying Ahead of the Learning Curve: CDE Awarded Credits to Fund Charter Schools in L.A.By Alex Ruiz, Staff Writer, Novogradac & Company LLP
July 2003
The NMTC Allocation Agreement and CDFI Fund ComplianceBy Tonya Phongsavanh, Novogradac & Company LLP
June 2003
Evaluating NMTC Opportunities for Smaller Development Organizations and CDFIsBy Greg Morishige, Managing Director, Shorebank Advisory Services
May 2003
U.S.-Mexico Border Communities To Benefit from NMTC AllocationBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
April 2003
New Markets Tax Credits Allocated, FinallyBy Diana R. Berumen, Novogradac & Company LLP
March 2003
NMTC Draft Allocation Agreement Causes Industry ConcernBy Owen P Gray, CPA, Novogradac & Company LLP
February 2003
Using the New Markets Tax Credit to Finance Affordable Housing - It Is DoableBy John H. Gadon, Lane Powell Spears Lubersky LLP
January 2003
COMMENTARY - Investor Fatigue: NMTC Program Uncertainties Slowing Down ActivityBy Thomas G. Tracy, Hunter Chase & Company
December 2002
Real Estate Development Under NMTCBy Thomas R. Stephens and Scott A. Lindquist, Sonnenschein Nath & Rosenthal
November 2002
CDFI Fund ‘Hard Pressed’ To Make Allocations in 2002By Owen P. Gray, CPA, Novogradac & Company LLP
October 2002
Applicants Request More Than $25.8 Billion in NMTC AuthorityBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
September 2002
Intense Demand Expected For First Round of NMTC AllocationsBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
August 2002
Industry Professionals Clamor For NMTC Guidance From CDFI FundBy Alex Ruiz, Staff Writer, Novogradac & Company LLP
July 2002
NOAA Release Opens Gate to Long-Awaited Application Process and NMTC AwardsBy Owen P. Gray, CPA, Novogradac & Company LLP