July 15, 2020 The National Trust Community Investment Corporation (NTCIC) is pleased to announce that we have been awarded $50 million in New Markets Tax Credit (NMTC) allocation authority by the CDFI Fund of the U.S. Treasury Department.
Take Action to support these infrastructure provisions in the Senate and share HTC projects impacted by the pandemic that would benefit from temporary HTC provisions in emerging COVID-19 relief legislation. July 1, 2020 The U.S. House of Representatives passed the Moving Forward Act (HR 2), a $1.
June 22, 2020 House Democrats unveiled the Moving Forward Act (HR 2), a $1.5 trillion infrastructure bill, which is anticipated to come to a vote before July 4th.
We believe unequivocally that Black Lives Matter. We stand in solidarity with those who march and who protest for racial justice. We assert that we can and should do more for racial justice.
May 21, 2020 The IRS has recently released proposed regulations that clarify how to calculate and account for the federal Historic Tax Credit (HTC) when received over a five-year period. In 2017, the Tax Cuts and Jobs Act (TCJA) significantly changed several aspects of the HTC.
Members of Congress, both in Washington and from afar, are currently considering support for a future infrastructure stimulus bill to assist with long-term economic recovery. Most legislators agree there will be a significant economic recovery bill initiated by both chambers.
Originally published and featured in the Novogradac Journal of Tax Credits COVID-19 Issue Using tax credits to support Main Street-oriented real estate presents a unique set of challenges and opportunities.
On March 27, the President signed into law the historic $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act in response to the pandemic our world is facing.
On March 27, the President has signed into law a historic $2 trillion economic stimulus package in response to the pandemic our world is facing.
To all that we serve, In response to this historic moment our world is facing, we at NTCIC want you to know we are still hard at work, saving places, supporting communities, and fighting for a sustainable future.