NMTC -- New Markets Tax Credits

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April 3, 2013

Thane Hodson and Ann Hered, partners in the Denver office of Kutak Rock LLP, represented the Seattle Investment Fund which provided $10 million in New Markets Tax Credits (“NMTCs”) for The Bullitt Foundation’s headquarters in Seattle.

Article details the first-of-its-kind transaction where new markets tax credits (NMTCs) and qualified school construction bonds (QSCBs) were combined to provide financing for a new Utah charter school in an underperforming school district.
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