Understanding Tax Credits: What Do They Mean In 2018?
Tuesday, June 12, 2018 9:30 AM -
Wednesday, June 13, 2018 4:30 PM (Eastern Time)
Thomas Edison State University
111 West State Street
Trenton, New Jersey 08608
The workshop will be led by industry experts and consultants. This session will answer the what, when, where, who and how; and demonstrate hypothetical case studies illustrating how the specific tax credit programs can be used to stimulate private investment.
Key Learning Objectives are:
With decreasing funds available for neighborhood revitalization, it has become even more competitive to access capital for redevelopment. Still, millions of dollars are available each year to assist municipalities and developers to redevelop their cities and towns using federal and state tax credit programs. This workshop has been constructed to demonstrate the practical details about how to competitively qualify and access the various tax credit programs – New Market Tax Credits (NMTC), Low Income Housing Tax Credits (LIHTC), Historic Preservation Tax Credits (HTC) and others, for real estate rehabilitation and development.
- Discuss tax credits and how each of these tax credits work- NMTCs, LIHTCs, HTCs and RTCs
- Explain what the eligibility requirements are and how you can use the funds for your projects
- Describe how to competitively access tax credits and when you should begin to apply for them
- Interpret and explain compliance and monitoring requirements associated with each tax credit program