Applying for NMTC Financing

Obtaining NMTC financing is extremely competitive even for borrowers who are located in “highly distressed” “low-income communities” and provide substantial community and economic benefits to residents in these communities as well as “low-income persons” and other “targeted populations.”

When applying to Allocatees, NMTC Investors and Leverage Lenders, the quality, details and persuasiveness of the applications is critical and proactively submitting such applications or an initial detailed executive summary provides a better chance to ultimately receive NMTC financing that has optimal economic and underwriting benefits.

With over 20 years of experience closing approximately $1.6 billion of NMTC financings, we are technically and uniquely qualified to represent our borrower clients at each step of the NMTC financing.

Specifically, our financial, legal, accounting, and tax backgrounds, as well as our significant experience in community and economic development finance enables us to strategically underwrite, structure and close these complex financings by providing the maximum financial multiplier effect using all sources of private capital and public subsidies.

We have significant experience in drafting grant applications, as well as reviewing grant applications on behalf of the CDFI Fund.  Therefore, we are able to provide unique experience in drafting applications to Allocatees, NMTC Investors and Leverage Lenders to provide the quality, details and persuasiveness that is beneficial when applying on behalf of our clients to Allocatees, NMTC Investors, and Leverage Lenders.

Additionally, we have relationships with these Allocatees, NMTC Investors, and Leverage Lenders.  Therefore, we serve as a gateway of credibility when submitting applications to them.

Based on our prior experience, we have developed our Comprehensive NMTC Intake Form.  This Form is the product of our compilation and updates of the questions in the Allocatees’, NMTC Investors’, and Leverage Lenders’ intake forms, as well as our knowledge of their underwriting criteria which is not contained in such intake forms.

We also have detailed profiles of Allocatees, NMTC Investors, and Leverage Lenders, which we update to reflect changes in economic terms and underwriting criteria based on current demand.

If you would like to determine whether or not we believe that your particular financing may qualify for NMTC financing, please click on the following link:

Our fees for securing Allocatees, NMTC Investors, and Leverage Lenders are contingent upon the funding of the NMTC financing.

If you believe that your project, business or not profit could qualify for NMTC financing, please complete our Initial Intake Form.

Upon engagement, we will:

  • provide our client with our Comprehensive NMTC Intake Form;
  • structure the overall financing to satisfy all legal, tax, and structuring requirements should be satisfied:
    • confirm that all of the Allocatees’, NMTC Investors’, and Leverage Lenders’ unique underwriting requirements are satisfied;
    • quantify and qualify applicable primary and secondary distress characteristics of the census tract;
    • quantify and qualify direct and indirect community and economic impacts;
    • access and document strong local support and possible catalytic subsequent economic and community development; and
    • perform such other services depending the unique facts and circumstance of our client.

We will identify and solicit Allocatees for:

  • maximum “sub-allocation” of their NMTC Allocation Awards;
  • maximum forgiveness of the Forgiven NMTC Loan;
  • optimal economic terms;
  • optional flexible financial underwriting criteria;
  • low “sub-allocation” fees; and
  • inclusion in their annual NMTC Allocation Award applications to the CDFI Fund (or to become of their pipeline of proposed financings and/or as backup financing if existing financings are not able to close);

We will identify and solicit NMTC Investors for:

  • optimal NMTC pricing;
  • other optimal financing terms; and
  • optimal flexible financial underwriting criteria.

We will identify and solicit Leverage Lenders to the extent that our client has not identified Leverage Lender(s) for the amount of leverage funds needed (or its 2 years of prior expenditures) for:

  • optimal interest rate;
  • other optimal financial terms; and
  • optimal flexible financial underwriting criteria.

We quarterback each NMTC financing from start to finish, and our fees are contingent upon our securing such financing on behalf of our clients.

To apply for NMTC financing, please click on the following link: