For those interested in NMTC Financing, please complete the following spreadsheet and email the completed form to Scott@CRAssociates-LLC.com
Initial NMTC Intake Form (Sources Uses Prior Expenditures Job Creation)
Community Reinvestment Associates, LLC
P.O. Box 57600
Chicago, Illinois 60657-7366
312.881.0966
Scott Sunagel
Managing Member
scott@crassociates-LLC.com
Scott has 25 years of experience in applying for and securing (a) federal and state tax credit financing (including low-income housing tax credits, historic tax credits, historic easements and new markets tax credits); (b) subsidies provided by the USDA (such as business and industry loan guarantees; rural business development grants, and benefits provided by the rural business investment program); (c) traditional and nontraditional forms of debt and equity; and (d) subsidies provided the Community Development Financial Institutions Fund (such as those provided by capital magnet fund grants, the bond guarantee program, and healthy food initiatives).
David Murphy
Closing Officer
david@crassociates-LLC.com
David has 7 years of experience in (a) closing governmental subsidy transactions; (b) developing budget projections for for-profit and non-profits in connection with federal and state tax credit financings, debt financing and tax alternatives (such as analyzing existing banking relationships and financing documents, determining debt coverage and sensitivity levels, current and prospective alternatives (including refinancing based on local and regional markets); and (c) analyzing cost segregation alternatives (such as the reclassifying of assets to maximize personal property, optimize depreciation deductions, and provide more substantial cash flow benefits and “Section 481(a) adjustments”).