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NMTC Monthly Report Archives

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Novogradac & Company LLP publishes the NMTC Monthly Report, a monthly newsletter on the new markets tax credit industry. The following is a list of articles published in the NMTC Report for 2004. If you are interested in receiving a copy of any of these articles, please fill out an Online Form or contact Jane Zastrow at 415.356.8034 or e-mail jane.zastrow@novoco.com. You can also mail your request to the NMTC Monthly Report, Novogradac & Company LLP, 246 First Street, Fifth Floor, San Francisco, CA 94105. Back issues can be sent by mail or e-mail and and individual articles can be sent by fax or e-mail.

Rates:
$15/single article
$25/single issue

December 2004

HUD’s 108 Program Holds Potential for Leveraging NMTCs
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Georgia DCA Adopts Opportunity Zone Tax Credit Regulations
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Wachovia, NCCA Award CDFI Excellence
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

BofA Pledges $750 Billion for Community Development in the Next 10 Years
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Fannie Mae Teams with NCCA to Benefit CDFIs
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

How to Determine Reporting Deadlines
By Owen P. Gray, CPA, Novogradac & Company LLP

November 2004

Garcia Shares Latest NMTC Developments
By Heidi Jarchow, Novogradac & Company LLP

Tax Bill Includes Key Provisions to Expand NMTC Definitions
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

State Tax Credit Programs for Investment Flourish
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

HUD Awards $24.6 Million in Grants to Redevelop Brownfields, Create Jobs in 17 Communities
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

HUD Recognizes 14 Communities for Excellence in Community Development
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

QALICB or Not A QALICB? Issues Involved With Single-Member LLCs
By Owen P. Gray, CPA, Novogradac & Company LLP

October 2004

What Constitutes a 'Redemption' of a Section 45D Investment?
By Thomas Stephens and Scott Lindquist, Sonnenschein, Nath & Rosenthal

Hunter Chase Seeks to Clarify Certain NMTC Issues on Real Estate Investments
By Thomas G. Tracy, Hunter Chase & Company

NMTC: Charting the Course
By Mary Tingerthal, Community Reinvestment Fund

Community Development Finance Industry Grew Twice as Fast as Banking Industry
By Alex Ruiz, Staff Writer, , Novogradac & Company LLP

Five Down, Two to Go
By Owen P. Gray, CPA, Novogradac & Company LLP

September 2004

Treasury Opens Third Round of NMTC Allocations
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Insurance Companies Use NMTCs to Support Community Facilities
By Dan Sheehy and Jean Chang, Impact Community Capital

NDC, HOBT, LISC and Wells Fargo Rehabilitate Former Antiques Minnesota Building
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

CDFI Fund Publishes Guidance on Census Tracts
By John Sciarretti, Novogradac & Company LLP

BofA Breathes New Life into the Apollo Theater
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

NMTC Recapture and the Allocation Agreement
By Owen P. Gray, CPA, Novogradac & Company LLP

August 2004

NMTC Issues and Concerns Determine How Investors are Putting Together Deals
By Brad Elphick, Novogradac & Company LLP

CDFI Fund Publishes Draft Allocation Agreement for Second Round Allocatees
By John Sciarretti, Novogradac & Company LLP

What Does Green Building Have to Do with New Markets Tax Credits?
By Norris Lozano, CEO, Portland Family of Funds; Stuart Cowan, Ph.D., Portland Family of Funds; and Marta Anderson, Public Policy & Urban Planning, Harvard University

CDFI Fund Launches Community Investment Impact System
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Garcia Takes the Helm at CDFI Fund
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

When to Apply for CDE Certification
By Elaine Chang, Novogradac & Company LLP

July 2004

IRS Hears Public Comments on Proposed NMTC Regulations
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Panelists Discuss Risks and Benefits of a Leveraged Transaction
By Stephanie Hill, Novogradac & Company LLP

The Next Time Around - An Open Forum
By Elaine Chang and Stephanie Hill, Novogradac & Company LLP

Profitable Partnering Pays Off, Panelists Say
By Elaine Chang, Novogradac & Company LLP

How to Maintain CDE Status
By Owen P. Gray, CPA, Novogradac & Company LLP

June 2004

CDFI Fund Awards $3.5 Billion in New Markets Tax Credits
By Diana R. Letsinger, CPA and Elaine Chang, Novogradac & Company LLP

House Passes Bill to Expand Eligible Areas for NMTC
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Congress to Examine Tools, Policies for Urban Redevelopment
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Industry Organization Launches NMTC Ad Campaign
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Monitoring Compliance of Sub-Allocatees
By Owen P. Gray, Novogradac & Company LLP

May 2004

FHLBank of Atlanta Announces Maiden NMTC Investments
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Strategic Implementation of Traditional Tools for Community Development - Federal Empowerment Zones and Renewal Communities
By Linda Schakel, Ballard Spahr Andrews & Ingersoll LLP

CRF Announces First Transaction in Unique Partnership
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Mayors, Legislators Push for Brownfields Tax Credit
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Federal Reserve Board Creates Fiscal Impact Tool for Community Development Professionals
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Tricky Business: Intangibles Raise Interesting Questions
By Owen P. Gray, Novogradac & Company LLP

April 2004

Treasury Publishes Revised New Markets Tax Credit Regulations
By Owen P. Gray, CPA, Novogradac & Company LLP

Commercial/Residential Projects and the 80/20 Rule (Part two of two )
By Scott A. Lindquist and Thomas M. Stephens, Sonnenschein Nath & Rosenthal

Advantage Capital Raises $55.25 Million Under New Markets Tax Credit Program
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Bringing New Markets Tax Credits to Main Street
By Joseph B. Pettiford, Jr., senior program associate, National Trust for Historic Preservation

NMTCs: Use Them or Lose Them?
By Owen P. Gray, Novogradac & Company LLP

March 2004

It Really Works - HTC/NMTC Closing of Albers Mill Lofts, A First of Tacoma, Wash.
By Ruth Sparrow, Of Counsel, Garvey Schubert Barer

Commercial/Residential Projects and the 80/20 Rule (Part one of two)
By Scott A. Lindquist and Thomas M. Stephens, Sonnenschein Nath & Rosenthal

GAO Report: Further Actions Needed to Monitor NMTC Program Compliance
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Federal Banking Agencies Propose Changes to CRA Regulations
By Alex Ruiz, Staff Writer, Novogradac & Company LLP 

Control vs. Ownership? 33 Percent vs. 50 Percent?
By Owen P. Gray, CPA, Novogradac & Company LLP

February 2004

OCC Finds NMTC Investments Eligible Under Community Reinvestment Act
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Profit Motive and Section 45D (Part two of two)
By Thomas Stephens, Sonnenschein Nath & Rosenthal

Documenting Compliance with the NMTC Program Regulations
By Diana R. Letsinger, Novogradac & Company LLP

National Trust and Bank of America Report First National Investments of More Than $50 Million Using NMTCs
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

Timing is Everything: When a Business Must Be a QALICB
By Owen P. Gray, CPA, Novogradac & Company LLP

January 2004

Profit Motive and Section 45D, Part 1 of 2
By Thomas Stephens, Sonnenschein Nath & Rosenthal

NMTC Administrative Update
By Michael J. Novogradac, CPA, and Diana R. Letsinger, CPA, Novogradac & Company LLP

SBA Reports 45 Percent Increase in Micro-Business Loans in '01-'02
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

HUD Cites Success Story, Promotes $26 Billion Community Renewal Program in Pennsylvania, New Jersey Business Communities
By Alex Ruiz, Staff Writer, Novogradac & Company LLP

CDEs Deliberate Redemption and Recapture
By Owen P. Gray, CPA, Novogradac & Company LLP