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Sept. 7, 2021: 2020 NMTC Allocation Awards Insights and Implications for the 2021 Allocation Round
In this week’s Tax Credit Tuesday podcast, Michael Novogradac, CPA, and Novogradac partners Brad Elphick, CPA, and Rebecca Darling, CPA, discuss highlights from the calendar-year 2020 new markets tax credit (NMTC) allocation round. They also discuss what 2020 NMTC allocation awardees and those who did not receive an award should be doing to prepare for the 2021 allocation round. They share tips for businesses and nonprofits for accessing NMTC financing and close with an analysis of the implications of the 2020 awards round for the 2021 NMTC application round.