CLG’s Roy Carrasquillo, Bill Kogan and Jorge Salichs participated at the National Rural Lenders’ Roundtable (NRLR). The U.S. Department of Agriculture (USDA) and Rural Development partnered for the 20th Annual National Rural Lenders’ Roundtable that was held December 4, 2019 in Washington, DC at the Cosmopolitan Club. The Roundtable marked the 20th year of joining lenders and stakeholders in the USDA guaranteed-lending space with local and federal officials in a concerted effort to provide America’s rural communities with access to capital.
Roy Carrasquillo and Jorge Salichs were invited to speak on New Market Tax Credits and they discussed the benefits of using New Market Tax Credits as a source of capital for rural development projects.
CLG’s team works with developers, investors and financial institutions on incorporating U.S. federal tax credits (i.e., Low Income Housing Tax Credits, New Market Tax Credits and Historic Tax Credits), bond financing, opportunity zones funding, EB-5 funds and other economic and tax incentives, as well as the combining these different sources, into a projects’ financing structure. Our multidisciplinary team derives experience from our business, finance, real estate, securities and tax practices to guide clients through the requirements and intricacies of each tax credit program available to help make projects viable and more efficient.
Roy Carrasquillo and Jorge Salichs