CDFA Upcoming Events

The Treasury Department has posted a sample annual performance report and certification for the Section 1603 renewable energy tax credit cash grant program. All applicants that receive awards under the Section 1603 program are required to report certain information annually to the Treasury Department for a period of five years. Reports are due annually, 30 days after the anniversary date of the date the property was placed in service.

This final rule, in accordance with a provision in the Housing and Economic Recovery Act of 2008, bars HUD from requiring the escrowing of equity from the sales of low-income housing tax credits (LIHTCs), historic tax credits (HTCs) and new markets tax credits (NMTCs) for HUD-insured mortgages.

This presentation covers the use of New Markets Tax Credits and other tools in conjunction with TIF.

This presentation looks at the 1603 grant program for renewable energy projects and identifying how much value the program can provide to community wind projects.

A new mixed-use development near the Rhode Island Avenue Metro Station in Washington, D.C. will provide housing, shopping and restaurants for residents and commuters. The $107 million project combines U.S. Department of Housing and Urban Development (HUD) financing with new markets tax credits (NMTCs) and District of Columbia payment in lieu of taxes (PILOT) financing.

This article summarizes Treasury Department guidance related to the 1603 grant program.

The Treasury Department has released additional guidance for the Section 1603 Grant Program in the form of frequently asked questions and answers with respect to the "beginning of construction" requirement for property placed in service after 2010, and before the applicable sunset date. The Section 1603 Grant Program, so named because it was enacted in Section 1603 of ARRA, enables qualifying renewable power projects that are eligible for either the federal production tax credit or investment tax credit to instead elect a 30% cash grant administered by the Treasury Department.

The Ohio Department of Development compiled this report that documents the use of the state's three-year-old historic preservation tax credit program.

Albert Rex of MacRostie Historic Advisors covers Federal Historic Rehabilitation Tax Credits in this presentation.

This presentation by Alan Kennard gives an overview of the New Markets Tax Credit program.

Steve Heusinger of Ryan Tax Credit Services gives on overview of how tax credits work in this presentation. He specifically focuses on the application of historic rehabilitation and renewable energy tax credits.

Toby Rittner, CDFA President & CEO, discusses the toolbox approach to economic development finance in this presentation.

Adrian Ocegueda from Lone Star Investment Advisors gives an overview of the New Markets Tax Credits program in this presentation.

This website features information from Louisiana's Department of Environmental Quality pertaining to Brownfields financing options.

The Internal Revenue Service recently released this training guide for revenue agents assigned to monitor the New Markets Tax Credits program. It includes a thorough explanation and background on NMTCs and describes requirements of the various participants in these complex transactions.

South Carolina's various tax credit programs are summarized in this document.

This Michigan Economic Development Corporation document highlights the state's Brownfield tax credits.

This presentations covers the basics of New Markets Tax Credits, best practices, and several case studies.

This presentation from HRI Properties details the King Edward and Standard Life mixed-use project in Jackson, MS. This project was one of three finalists for CDFA's 2010 Practitioner's Showcase: Best Bond Deal.

Harvey Rogers of K&L Gates covers the basics of renewable energy financing tools in this presentation.

Charlie Bartsch explains the Federal financing tools available for Brownfield redevelopment in this presentation.

Bob Repine covers Oregon's various financing tools related to renewable energy in this presentation.

This webcast hosted by the CDFI Fund gives an overview of the New Markets Tax Credit program and offers guidance for community development entities applying for a 2010 allocation.

This brochure by the Idaho Department of Commerce highlights the state's business incentives including tax credits, bonds and technical assistance.

CDFA President & CEO Toby Rittner looks at available financing tools for green projects and renewable energy in this presentation.