Novogradac 2023 Spring New Markets Tax Credit Conference


Agenda is subject to change.

Please note: Agenda is in Eastern Time.

Find CPE Information Here.


9:00 am - 4:00 pm

NMTC Basics [In-Person]

Learn the fundamentals of the New Markets Tax Credit program, including the background, roles of significant players, the alphabet of CDEs, QEIs, QLICIs and QALICBs, how to avoid recapture and more, from experts with years of experience consulting on NMTC deals.


Ashley Wicks photo

Speaker: Ashley Wicks, Attorney, Butler Snow

Monica Blanton photo

Speaker: Monica Blanton, Director of NMTC Operations, River Gorge Capital

Rebecca Darling photo

Speaker: Rebecca Darling, Partner, Novogradac

1:00 pm - 5:00 pm

NMTC Compliance [In-Person]

Getting a new markets tax credit (NMTC) allocation and even closing your QLICIs isn't the end of the line for CDE compliance. Learn about compliance requirements from the IRS and CDFI Fund, recapture risks, allocation agreements, the substantially all test, common pitfalls and more.


Travis Vance photo

Speaker: Travis Vance, Manager, Novogradac

Ryan Rieger photo

Speaker: Ryan Rieger, Principal, Novogradac

Austin Power photo

Speaker: Austin Power, Partner, Novogradac


8:00 am - 9:00 am

Networking Breakfast

9:00 am - 9:30 am

Conference Welcome & Keynote

9:30 am - 10:45 am

Washington Report

An expert panel shares what is happening in the capital and how this session of Congress views NMTC expansion and permanence legislation. Hear what is happening with regulatory guidance and about the chances for NMTC provisions to be included in must-pass bills.


10:45 am - 10:55 am

Networking Break

10:55 am - 11:30 am

Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards

A presentation of awards and recognition of the winners and honorable mention recipients of the 2023 Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards.


11:30 am - 12:30 pm

Insight from NMTC Investors

Learn what to expect from investors, including the types of transactions that are most attractive, how the broader state of the economy is affecting NMTC investment and how new GAAP guidance may influence investment.


12:30 pm - 1:30 pm

Networking Lunch

1:30 pm - 2:30 pm

Majority Investing in Minority-Owned Businesses

Hear about investing in minority-owned businesses, including the needs, opportunities and challenges. Learn how to move from a vision statement to actual investment in QALICBs that are making a difference in their communities.


2:30 pm - 2:45 pm

Networking Break

2:45 pm - 3:45 pm

Big Promise of Small Business Loan Funds

Hear about this option for NMTC financing, including the structure, how to limit costs, the need for a strong pipeline, due diligence and compliance issues.


3:45 pm - 4:00 pm

Networking Break

4:00 pm - 5:00 pm

CDFI Fund Insiders

Insiders at the CDFI Fund share the latest on the CY 2022 allocation authority round, as well as what to expect for the CY 2023 application round. Learn what’s coming and be prepared early.


5:00 pm - 6:30 pm

Networking Reception

FRIDAY, JUNE 9, 2023

8:00 am - 9:00 am

Networking Breakfast

9:00 am - 9:55 am

Measuring and Reporting Community Impact

Measuring community impact and efficacy are crucial for NMTC investments. Learn what’s measured and hear how to provide that information to the CDFI Fund. Be informed now so you can consistently measure impact.


9:55 am - 10:00 am

Networking Break

10:00 am - 10:55 am

QALICB Challenges, Hurdles, Solutions

Hear about the issues facing qualified low-income community businesses (QALICBs) as they navigate NMTC financing. QALICBs share their experiences and how the overcame challenges. Whether you’re another QALICB, a CDE, an investor or another stakeholder, this panel will inform you on what’s happening.