In partnership with Big Water Consulting, we invite you to join us for an upcoming New Markets Tax Credit Native Initiative Webinar!
To view Big Water Consulting’s additional workshop dates, click here.
Workshops will focus on research findings and lessons learned regarding increasing investment in NMTC Native Areas (Federal Indian Reservations, Off-Reservation Trust Lands, Hawaiian Home Lands, and Alaska Native Village Statistical Areas). These best practices and recommendations are the culmination of the findings from and information contained in the NMTC Native Initiative Market Research Report, Case Study Report, and Self-Assessment Guide for Native Organizations.
Summary of the CDFI Fund’s New Markets Tax Credit Native Initiative:
The NMTC Program Native Initiative is an effort to increase New Markets Tax Credit (NMTC) investment in Federal Indian Reservations, Off-Reservation Trust Lands, Hawaiian Home Lands, and Alaska Native Village Statistical Areas, collectively referred to as NMTC Native Areas. Big Water Consulting and its partners were selected by the CDFI Fund to administer this project based on their extensive knowledge of the NMTC Program and their experience conducting trainings related to the NMTC Program for Community Development Financial Institutions (CDFIs) and Community Development Entities (CDEs).
The Market Research Report identifies and reviews existing research and data on the unique history, challenges, industries, actors, and available funding and capital sources that shape how tribes and Native actors successfully participate in community economic development.
The Case Study Report presents findings, best practices, and recommendations derived from an online survey and subsequent interviews with participants in past NMTC investments in NMTC Native Areas.
The purpose of the Self-Assessment Guide is to help Native entities better understand the various roles in NMTC projects and determine how they can best take advantage of the NMTC program.