The current economic downturn has impacted the ability of many not-for-profit organizations to raise sufficient funds to meet program and capital project needs. As a result, some of these organizations may be forced to delay planned projects. Attend this one-hour webinar to learn how the new markets tax credit program can provide your organization a financing bridge for capital projects to fill the gap left by shortfalls in fundraising from traditional sources. Topics covered will include a new markets tax credit program overview detailing the program structure, the benefits to not-for-profit organizations, program eligibility requirements, and how to access new markets tax credit capital.
Presenters: Our key presenter will be Tim Frens, specialist in the new markets tax credit program and a member of Plante & Moran's housing and community development team. Tim will be joined by Mary King, Vice President of Invest Detroit, a leading source of private sector gap financing that facilitates funding from the public, private, and foundation sectors to address targeted needs of the communities it serves.