NH&RA’s New Markets Tax Credit Council recently identified priorities and formulated its agenda of activities for 2010. Principal among them, the Council will continue to push for a multi-year extension of the NMTC Program.  These efforts will include by developing new training and educational resources on how NMTC stakeholders can better promote the program through direct advocacy, lobbying, groundbreakings and ribbon-cuttings. The Council plans to examine ways to attract new investors and lends to the program, and will tackle a variety of technical and programmatic issues, including:

  • Codification of Economic Substance;
  • True Debt Analysis;
  • Non-Qualified Financial Assets;
  • NMTC Project Exit Strategies; and
  • Related-Party Transactions

For more information on the NMTC Council and its activities, click here