Chattanooga Engineers Club

CRMA - New Market Tax Credit

  • 26 Jun 2024
  • 11:30 AM - 1:00 PM
  • 100 Cherokee Blvd

Chattanooga Regional Manufacturers Association is a promotion partner for New Market Tax Credit 

The NMTC Program attracts private capital into low-income communities by permitting individual and corporate investors that bring 50 jobs to the communities to receive a tax credit against their federal income tax in exchange for making equity investments in specialized financial intermediaries called Community Development Entities (CDEs).

Hear from a panel of experts on:

·        How both for-profit companies and non-profit organizations can leverage this flexible financing to achieve project completion and create lasting impacts in their communities.

·        The qualifications and best practices for attaining NMTC financing.

·        How the program incentivizes community development and economic growth.

Attendees will also hear a case study from a business who has benefited from the program.

 

Panelists include:

 

Chris Leutzinger, Truist Community Capital

Monica Blanton, Bright Bridge Inc.

Grady Vanderhoofven, Three Roots Capital

*Registration is required, space is limited. RSVP by June 18th. Lunch will be provided. Public parking is available at the Renaissance Park parking lot across the street off Manufacturers Rd.

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