Archive

February 2019: After a roller-coaster ride of negotiations, Congress passed a $1.4 trillion year-end budget bill, which the President signed into law in December 2019. The bill included several tax provisions in addition to appropriations.

NTCIC will be attending the upcoming Novogradac New Markets Tax Credit Conference from January 30 – 31 to connect with industry colleagues, discuss the deployment of the Irvin Henderson Main Street Revitalization Fund, and the future of the incentive.

With this issue of the Novogradac Journal of Tax Credits focusing on legislative initiatives and issues, it seemed appropriate to reach out to the chairwoman of the Historic Tax Credit Coalition (HTCC), Merrill Hoopengardner, to discuss the work of that organization. Written by John M.

NTCIC President Joins Patrick Robertson of Confluence Government Relations to Discuss Legislative Updates for the HTC in the December Issue of the Novogradac Journal of Tax Credits Originally featured in the Novogradac Journal of Tax Credits When most Americans think of Washington, D.C.

A First-Hand Look at Project Impacts As part of our fall board meeting, NTCIC’s board of directors recently visited several NTCIC projects, gaining a first-hand look at the full life cycle of the impact of these Historic Tax Credit (HTC) and New Markets Tax Credit (NMTC) investments.

November 4, 2019 –  NTCIC is pleased to announce the successful closing on historic financing for the POST Houston revitalization in downtown Houston, Texas. NTCIC syndicated the federal Historic Tax Credits (HTCs) earned by the project which generated over $23.7 million in equity.

NTCIC Designates New Board Emeriti At NTCIC’s October Board of Directors meeting, NTCIC designated Emeriti in recognition of their dedicated years of service to NTCIC’s board.

October 22, 2019 — NTCIC wishes to congratulate board member Larry Curtis on his recent receipt of the President’s Award for Excellence during the 31st annual Preservation Achievement Awards hosted by the Boston Preservation Alliance.

On Wednesday, October 16, Senator Cassidy (R-LA), Senator Cardin (D-MD), Senator Collins (R-ME) and Senator Cantwell (D-WA) introduced the Senate version of the Historic Tax Credit Growth and Opportunity Act (HTC-GO), S. 2615.

With the New Markets Tax Credit (NMTC) application season in full swing, Novogradac will be hosting its annual NMTC conference in Austin, Texas from October 17 – 18.