March 30, 2021: NMTC Equity Pricing and How Businesses and CDEs Can Adjust to the Changes

Published by Michael Novogradac on Tuesday, March 30, 2021 - 2:15pm

In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partner Brad Elphick, CPA, discuss equity pricing for new markets tax credits (NMTCs), what factors are involved and what businesses and community development entities (CDEs) should do to address issues that arise out of lower NMTC equity pricing. They also compare the prices to those during the Great Recession, discuss the impact of the five-year extension of the NMTC and look at the importance of knowing the “language” of NMTCs.