Join us at The National Historic Tax Credit Conference: Credits and Capital

National Trust Community Investment Corporation (NTCIC) President John Leith-Tetrault will be speaking at The National Historic Tax Credit Conference: Credits and Capital, taking place April 6-8, 2011 at the Renaissance Cleveland Hotel in Cleveland, Ohio.  The conference is presented by Novogradac & Company LLP.

Mr. Leith-Tetrault will be a presenter on the “Washington Wire” panel where experts will provide up- to-date information on the legislative climate and current tax law and how it may affect our industry.

For more information and to register for the conference, please visit The National Historic Tax Credit Conference web site.

Mr. Leith-Tetrault also writes a monthly column called “History and The Hill.” This month he discusses how Cleveland, where the National Historic Tax Credit Conference will be hosted, has excelled in tax credit development:

Alexis DeTocqueville described Cleveland in his famous 1830 work, Democracy in America, as a sophisticated society amidst a heavily forested landscape. The nickname “Forest City” has stuck with Clevelanders, and the city’s legacy is reflected in its verdant “Metro Parks” system. Cleveland is also the home to world class institutions such as the Cleveland Orchestra (ranked 7th in the world) and the Cleveland Clinic (ranked 4th on US News’ Honor Roll of U.S. hospitals). Anyone my age who has a national perspective on community development also recognizes that Cleveland is a powerhouse and creative center for community development finance …

Where Cleveland has really excelled is in the tax credit arena. At every step—from the enactment of the federal historic tax credit (HTC), LIHTC and new markets tax credit (NMTC) to the passage of Ohio’s state HTC and new markets program—Cleveland has been a veritable vacuum cleaner. “Cleveland has developed a strong core of legal, accounting, architectural, developer and investor expertise in how to put together complicated tax credit transactions,” said Mark Lundine, the Ohio Department of Development’s urban revitalization coordinator. “When developers outside of Cuyahoga County look at tax credit transactions, many times they look to Cleveland professional service providers to get deals done.”

Read the full article “Cleveland – Midwest Tax Credit Powerhouse,” in this month’s Novogradac Journal of Tax Credits.

Mr. Leith-Tetrault has 32 years of experience in community development financing, banking, community organizing, historic preservation, training and organizational development. He has held senior management positions with NeighborWorks, Enterprise Community Partners, Bank of America and the National Trust for Historic Preservation. Mr. Leith-Tetrault is the founding president of the National Trust Community Investment Corporation and serves as the Chairman of the Historic Tax Credit Coalition.