Episode 5: Understanding New Market Tax Credits with Peter Giles and Max Novak
Join us for a special episode of Cinnaire’s Advancing Communities Podcast, featuring the asset management series AM With A&M. Hosted by asset management experts April Priebe and Miranda Bialk, this series dives into strategies, insights, and resources for professionals working in the field of asset management.
In this episode, April and Miranda welcome Peter Giles, Senior Vice President of Public Funding, and Max Novak, NMTC Program Manager, both from Cinnaire. With a combined 20 years of experience, Peter and Max break down the intricacies of New Market Tax Credits (NMTC) and their role in driving impactful community development projects.
Tune in to learn:
- The key differences between NMTC and LIHTC investments
- The guidelines and qualifications for NMTC eligibility
- The benefits and challenges of managing an NMTC portfolio
- How developers and investors can tap into the NMTC program to support community-focused projects
Don’t miss this insightful discussion about leveraging NMTCs to build stronger, more equitable communities.
To listen to Advancing Communities Podcast, click below for:
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About Our Hosts:
April Priebe manages special assets for Cinnaire, and Miranda Bialk oversees construction and lease-up projects. Together, they bring over 22 years of experience in affordable housing and asset management.