Archives for "February, 2011"

Posted by NTCIC on 25th February 2011

New NMTC Allotment Allows for Additional Historic Rehabilitation Projects

Written by Erica Stewart Today was a good day for fans of historic real estate development. This morning, the National Trust’s historic real estate investment subsidiary, the National Trust Community Investment Corporation (NTCIC) was awarded $28 million in New Markets Tax Credit authority by the CDFI Fund of the U.S. Treasury. This means that NTCIC can [...]

Posted by NTCIC on 1st February 2011

First Annual Rutgers Report Illustrates Historic Tax Credits’ Ability to Create Jobs, Stimulate Economy

Last March, NTCIC and Rutgers University released a comprehensive new study which analyzes the economic impact of the federal Historic Tax Credit since its inception in 1976 and concludes that the Historic Tax Credit is a highly efficient job creator—accounting for the creation of 1.8 million new jobs over the life of the program. The [...]

Posted by NTCIC on 1st February 2011

2/2011 – “Taxpayer Victory in Boardwalk Hall Decision May Have Broad HTC Industry Impact” — article by John Leith-Tetrault in Novogradac & Co.’s Journal of Tax Credits

“Taxpayer Victory in Boardwalk Hall Decision May Have Broad HTC Industry Impact” — article by John Leith-Tetrault in Novogradac & Co.’s Journal of Tax Credits