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Tyrone Rachal and Dale Royal, Atlanta Development Authority – New Market Tax Credits and Tax Allocation Districts 101
Event on 2012-02-09 14:00:00

New Market Tax Credits & Tax Allocation District 101

Presenters: Tyrone Rachal, Senior Development Manager, Atlanta Development Authority and Dale Royal, Program Manager, Atlanta Development Authority

Come learn how the Atlanta Development Authority is creating jobs, assisting minority- and female-owned businesses and investing in economically distressed neighborhoods. Through the New Market Tax Credit (NMTC) program, financial assistance is provided to private-sector companies (for-profits and non-profits) seeking low-cost financing for real estate development projects (typically between and million) that create positive targeted community benefits. The eligible uses for NMTC funding include property acquisition, new construction and rehabilitation of existing real estate. The types of project supported by NMTC funding are office, retail, manufacturing, community facilities, mixed-use developments (at least 20-30% commercial) located in Atlanta (Fulton County, Georgia) and in a eligible census tract, as defined by the Federal program requirements. Information about Tax Allocation Districts will also be discussed and how it helped develop Atlanta Station and Camp Creek Parkway.

Note: ADA's offices are located in downtown next to Underground Atlanta at 86 Pryor Street SW, Suite 300 (3^rd Floor). Pay parking is available in two garages for Underground Atlanta at the corner of Pryor Street and Martin Luther King, Jr. Blvd.

at Georgia International Convention Center – GICC
2000 Convention Center Concourse
Atlanta, United States

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Record Price tag:
Cost: 19.fifty

Originally posted 2011-11-21 12:01:13. Republished by Old Post Promoter

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