The Community Development Financial Institutions (CDFI) Fund today announced the opening of the calendar year 2019 allocation round of the federal new markets tax credit (NMTC). Applications are due October 28, 2019.
The Opportunity Zones (“OZ”) tax incentive allows taxpayers to defer until 2026 taxes on capital gains if those profits are reinvested in opportunity funds–which are equity funds that invest in businesses in opportunity zones.
Real Estate Developers in Louisiana can receive tax dollars to enhance projects through Economic Development Districts (EDDs). EDDS are strictly defined geographic areas that are authorized and created by ordinance of the city or parish where they are located.
Fishman Haygood and New Orleans CREW (Commercial Real Estate Women) welcome CREW delegates from across the country for the 2019 CREW Network Leadership Summit.