Technical Assistance

Advanced Tax Credit Finance Course
Daily: 12:00 - 5:00 PM Eastern


The Advanced Tax Credit Course will take a deeper dive into the use and applicability of tax credits. Building on the basic structure of tax credits covered in the Intro to Tax Credit Course expert speakers will discuss details of New Markets Tax Credits (NMTC) and Low- Income Housing Tax Credits (LIHTC) through the lens of all parties and how they come together on a given transaction. Case studies will be presented to illustrate on how tax credits work with other economic development tools such as bonds or loans.

This course will qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Join us online, and start down the road to personal and professional advancement today.


Course Objectives

  • Gain a deeper understanding of the complex nature of deal-structuring
  • Understand the role of the multiple players involved in tax credit deals
  • Learn about the importance of performance monitoring
  • Expand your knowledge on the critical value of compliance with Federal Regulations
  • Hear from tax credit experts around the country
  • Receive information on best practices

Topics Covered

  • NMTC and LIHTC process from A-Z
  • How to access NMTC and LIHTC
  • Project Tracking
  • Regulatory Compliance
  • The necessary parties to a tax credit project
  • Historic Tax Credit
  • Investment Tax Credit
  • Renewable Energy Tax Credit

Who Should Attend?

  • Developers
  • Tax Professionals
  • Bond Issuers
  • Economic Development Professionals
  • Community Development Professionals
  • P3 Practitioners
  • Broker/Dealers and Underwriters
  • Elected Officials
  • Government and Nonprofit Finance Officers
  • Attorneys
  • Accountants
  • Financial Advisors

Course Advisor

Allison Rowland Allison Rowland
Council of Development Finance Agencies
Manager, Research & Technical Assistance
As Manager of Research and Technical Assistance for the Council of Development Finance Agencies (CDFA), Allison oversees all of CDFA’s food systems finance work, including the W.K. Kellogg Foundation-funded initiative to “define the food system... (More)


Wednesday, August 11, 2021

Wed 12:00 PM - 12:15 PM
Welcome & Overview
Welcome to the course! This session will introduce CDFA, explain how to use the online software, and discuss the agenda for the two-day Advanced Tax Credit Course.
Wed 12:15 PM - 1:30 PM
Status Update on Federal Tax Credits
Do you want to incorporate federal tax credits into your deal but wonder if they are still valid options? The course will begin with a status update of federal tax credit programs, if any are slated to sunset, and whether or not it makes sense to include them in the transaction.
Wed 1:30 PM - 3:30 PM
Combining New Markets Tax Credits with Other Tools
In this session, speakers will discuss how New Markets Tax Credit (NMTC) work with other economic development tools such as tax-exempt bonds, Opportunity Zones, tax increment finance (TIF), and funding made available through the American Rescue Plan. Speakers will present theories and case studies to demonstrate how these types of deals work in communities.
Wed 3:30 PM - 3:45 PM
Wed 3:45 PM - 5:00 PM
Understanding the Low-Income Housing Tax Credit Program's 4% and 9% Deals
You may be aware of 4% and 9% Low-Income Housing Tax Credit (LIHTC) deals, but do you know what decisions go into selecting one type of transaction over another? In this session you will learn the nuances behind the two types of structures, what the major differences are, and the pros and cons of each transaction.
Wed 5:00 PM

Thursday, August 12, 2021

Thu 12:00 PM - 12:15 PM
Revisiting Day 1
Day 2 will begin with a review of key takeaways from Day 1 and the agenda for the second half of the course.
Thu 12:15 PM - 2:15 PM
How to Structure a Low-Income Housing Tax Credit Deal
In this session, attendees will hear from speakers that go beyond the basics and take a deep dive through a typical LIHTC transaction from start to finish. Speakers will present case studies, share their biggest challenges, and discuss the best practices they have learned along the way.
Thu 2:15 PM - 2:30 PM
Thu 2:30 PM - 3:45 PM
Regulatory Reporting
Launching New Markets Tax Credits (NMTC) and Low-Income Housing Tax Credits (LIHTC) projects can be difficult. It is equally as important to understand how to comply with Federal regulators once you have closed on these projects. This session will provide everything attendees need to comply with NMTC and LIHTC regulations.
Thu 3:45 PM - 4:00 PM
Thu 4:00 PM - 5:00 PM
Investment Tax Credits, Renewable Energy Tax Credits, and Other Federal Tax Credits in the Toolbox
NMTC, LIHTC, and Historic Tax Credits dominate the industry but other tax credits that can be used to finance projects. The course will wrap up with a session that covers what these tax credits are and how they can be applied alongside other economic development tools.
Thu 5:00 PM


CDFA Virtual Summer School will meet each day from 12:00-5:00 PM Eastern online. You must have access to a computer and internet to attend.


This course will be offered at CDFA Virtual Summer School, a 2- week long series of courses presented by the CDFA Training Institute. Participants may register for one, two, three, or four courses during CDFA Virtual Summer School.

Scholarships are available to attend this event. Learn more about the CDFA Scholarship Program, and submit your application today.

When you register for four courses during CDFA Summer School, you will receive a $100 discount off the total registration fee.

Click the Register button to view the total fees and discounts available for CDFA Virtual Summer School.
Standard Rates
CDFA Member: $300
Non-Member: $450