What can “New Market Tax Credits” do for you? Please join MVEDA, the New Mexico Finance Authority (NMFA), and Baker Tilly to learn how to access New Markets Tax Credits (NMTC) for your qualified business or real estate development. This complimentary seminar will be held on Tuesday, April 26, 2011 at the Hotel Encanto de Las Cruces.
This seminar is geared towards community development leaders, economic developers, bankers, real estate developers and businesses that have project plans of $5M or more.
It will explain how these unique tax credits have helped developers and business owners gain access to a low-cost source of capital to solve a portion of their capital needs while creating significant community and economic impact in distressed areas.
The seminar will discuss the application process and general eligibility guidelines which include:
•Loans or investments located in low-income census tracts.
•Development of commercial, industrial and retail real estate projects (including community facilities) in low income census tracts.
•Development of for sale housing in low-income census tracts.
When: Tuesday, April 26, 2011
9:00 a.m. – 12:00 p.m. (Morning session)
OR
1:00 p.m. – 4:00 p.m. (Afternoon session)
Where: Hotel Encanto de Las Cruces, Tularosa Room
705 S. Telshor Boulevard, Las Cruces, New Mexico
Please RSVP by Friday, April 22, 2011, by contacting the MVEDA office at (575) 525-2852 or by email to: sandi@mveda.com.
