In 2017, Minnesota ranked seventh in the nation for wind power generation and sixth in the nation for solar power generation With the potential for further growth in this sector, many farmers across rural Minnesota are considering whether...

When paired with energy efficiency measures, cost effective solar energy systems can support state and local program administrators’ goals to reduce low-income household energy burden. Energy burden is the share or percentage of annual household...

The Hatchery Chicago is a non-profit food business incubator that enables local entrepreneurs to build and grow successful businesses. Accion, the area’s largest microlender, and ICNC, which runs one of the largest business incubators in the...

Today’s federal housing assistance programs fall into three main categories: rental housing assistance, assistance to state and local governments, and assistance for homeowners. This 2019 Congressional Research Service report provides an overview of...

Public and private partners are finding ways to serve more healthy food options to economically distressed communities with a few helpings of new markets tax credits (NMTCs).

This study was published by the Lincoln Institute. The authors examine how to make property-tax incentives for business more effective. They find that governments should not approve every incentive request, target use of incentives, avoid incentive...

Current projections of solar photovoltaic (PV) system costs and deployment in the United States indicate substantial capital requirements over the next 30 years and beyond. Concurrently, community and regional financial institutions (CRFIs),...

This report—an update based on Fiscal Year 2016 data—continues a series of U.S. Energy Information Administration (EIA) reports on federal direct financial interventions and subsidies into energy markets. EIA assigns within-scope U.S. tax and direct...

In this annual report, the Idaho Department of Commerce has assembled an FY2018 (July 1, 2017 - June 30, 2018) agency update complete with program reports, grant information, and highlights of the impacts these projects have on Idaho’s economy and...

IRS Revenue Procedure 2018-57 set the volume cap on Private Activity Bonds for calendar year 2019, Loan Limits on Agricultural Bonds, and amounts used to calculate the low-income housing tax credit (LIHTC) for the calendar year 2019.

During this installment of the CDFA // BNY Mellon Webcast Series, Lillian Plata with Nee Plata Law LLC presented on the structure of tax credit unwinds for New Markets Tax Credit and Low-Income Housing Tax Credit deals.

The D.C. Chief Financial Officer's Office is required to review all D.C. tax expenditures (such as abatements, credits, and exemptions) on a five-year cycle. For the FY2017 report fulfilling the requirement, the Office of Revenue Analysis (ORA)...

Jong Sook Nee with Nee Plata Law presents several case studies on how several federal financing tools can be utilized on a single project.

Bennett Hilley with the U.S,. Department of Housing and Urban Development presents on the various development finance tools they provide and how they could work with other federal tools.

Laura Canter and Patricia Sluder with MassDevelopment present on the NMTC deal that supported the Artists for Humanity non-profit.

Ryan Kozak with Huntington Capital Markets and Caleb Bell with Bricker & Eckler LLP present on the redevelopment of the Cleveland Athletic Club.

This report, produced by the Government Accountability Office (GAO), identifies trends and successes in the Low-Income Housing Tax Credit (LIHTC) program and opportunities present to advance oversight of development costs.

This report, produced for the Alabama Department of Revenue, analyzes how states use a range of tax and non-tax incentives, both of which have proliferated in the high-stakes bidding war over increasingly-mobile jobs and capital investment.

This paper, published by Horwood Marcus & Berk Chartered, discusses how the transferability of state tax credits enables a company or corporation with a low tax burden to utilize part of the credit and to sell the remainder of the credit to a...

Tax-exempt bonds partnered with 4% Low-income Housing Tax Credits (LIHTC) have been widely used by affordable housing developers. It has taken longer for this financing structure to be used by permanent supportive housing developers since most...

This report, produced by the Urban Institute, explores why LIHTC is a critical part of the housing safety net. The report details how and why the program has succeeded, the challenges it faces, and why the program is more important than ever.

The changes and trends in the affordable housing industry have a large impact on Wisconsin communities. Continuing to provide an adequate number of homes affordable to low and moderate income households is increasingly difficult. Luckily, there are...

The changes and trends in the affordable housing industry have a large impact on Wisconsin communities. Continuing to provide an adequate number of homes affordable to low and moderate income households is increasingly difficult. Luckily, there are...

Urban communities like Milwaukee and Madison are not the only places looking for help to fund economic development. Wisconsin is filled with rural communities and small towns who are also in need of financing strategies. These areas face unique...

Kayla Gross of CohnReznick LLP gives basic overview of New Markets Tax Credits in Maryland.

This report, produced by the New Markets Tax Credit Coalition, examines nearly ninety CDEs to understand their progress in raising capital, lending, and investing with the NMTC in the wake of the record $7 billion allocation award in 2017.

Victor Narusis with the Illinois Department of Commerce and Economic Opportunity discusses selected finance and assistance programs in the State of Illinois.

Adam Blair with the Economic Development Research Group discusses Illinois’ extension of the angel investment tax credit and how it compares with similar programs in other states that compete for angel investment

This booklet, provided by the National Parks Service, provides an overview of the National Historic Preservation Tax Incentive Program in general terms only.

This report is the seventh in a series of periodic reports issued by CohnReznick LLP that address the performance of properties financed with federal low-income housing tax credits.

Mary Nash Rusher of McGuireWoods LLP, Chris Leutzinger of SunTrust Bank, and Brian Oxford of CAHEC present on a panel regarding tax credit financing in North Carolina. This panel was moderated by Brien Desilets of Grant Thornton LLP.

The changes and trends in the affordable housing industry have a large impact on Missouri communities. Continuing to provide an adequate number of homes affordable to low and moderate income households is increasingly difficult. Luckily, there are a...

This report has two purposes. First, the current report estimates the economic impact of projects that have utilized the Nebraska Historic Tax Credit (NHTC). Second, this report analyzes the extent to which the NHTC has been utilized in economically...

Historic preservation pays dividends for Rhode Island – its economy, its environment, and its quality of life. The pages that follow identify the ways and the means that Rhode Island benefits.

This report summarizes data received from the state housing finance agencies (HFAs) that administer the Low Income Housing Tax Credit. The HFAs are required by the Housing and Economic Recovery Act (HERA) of 2008 to submit certain demographic and...

The fiscal year (FY) 2017 award round is the third round in the Capital Magnet Fund’s history. 40 organizations received $120 million in awards including 52 loan funds, 7 banks/thrifts, 3 credit unions, 2 depository institution holding companies,...

Over $5.8 billion in private investment in historic preservation and community revitalization. Along with an estimated 106,846 jobs created in the 2017 fiscal year.

For partners in the $17.5 million L.A. Prep project, the recipe for a successful food business accelerator calls for equal parts social philanthropy, economic development and collaborative synergy. L.A. Prep was financed using $16 million in NMTC...

This report contains information on the calendar year 2017 New Markets Tax Credit allocatees. $3.5 billion in New Markets Tax Credits have been awarded nationally this year.

Charles Bartsch talks about brownfields tax credits and how they can help finance economic development finance projects at the CDFA Annual Summit.

Charlie Bartsch with ICF International looks at creative ways to finance brownfields redevelopment under tighter credit markets. The report looks at financing vehicles such as historic rehabilitation tax credits, new markets tax credits, energy...

Charles Bartsch authored this paper as part of projected funded by the Brookings Institution. This paper provides an overview of the brownfields challenge in Pennsylvania and makes a series of recommendation to build upon the success of the...

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

This presentation by Charlie Bartsch provides a detailed discussion of many EPA programs, including assessment grants, tax incentives, and revolving loan fund grants.

Charlie Bartsch, Senior Fellow with ICF International, examines funding sources for first ring suburbs including programs run through federal agencies. Bartsch lists many of the federal financing programs and discusses how they have been used to...

How does the Community Development Financial Institutions (CDFI) Fund’s release of the New Markets Tax Credit (NMTC) program census data transition affect an NMTC investment?

The National Council of State Housing Agencies (NCSHA) have updated and revised their Recommended Practices in Housing Credit Administration. With help from industry partners, NCSHA combined their compliance monitoring polices with their allocation...

This 2018 presentation from the CDFI Fund provides an introduction to the New Markets Tax Credit program.

Thomas Porter, Director of Commercial Lending at the Vermont Economic Development Authority, discusses unique development financing solutions for mixed-use development.

Jim Carras discusses how the workforce housing movement is building in Florida and talks about the different financing tools that can be assembled to address the gap needed to make workforce housing and affordable housing available.