Through the NMTC Preparation Program, Capital Fund will support an initial phase of free technical assistance to participating centers offered through its affiliate, Capital Link. In addition, for a select number of centers, Capital Fund will provide grants to support a portion of the cost of a Capital Link engagement agreement to develop the materials needed for a successful NMTC financing.  

Preliminary Assistance: Initial Capital Link assistance—entirely supported by Capital Fund and free to program participants—will include:

• Group webinar to review and explain the NMTC program and financing process
• Individual discussions with management about the NMTC program
• Assessment of project eligibility
• Development of a preliminary transaction structure and diagram
• Development of a project timeline to identify key milestones in alignment with expected NMTC allocation cycles
  
  

Direct Grant Support: Following the Preliminary Assistance phase, Capital Fund will select 5 – 7 centers for direct grant support to defray a portion of the cost of preparing for an NMTC financing.

Common components supported by grant funding may include:

• A transaction summary, detailing the proposed project and its expected community benefits;
• A full business plan and 7-year financial projections;
• NMTC structuring, including securing leverage debt (if needed);
• Guidance and assistance throughout the closing process.
  
  

NMTC Preparation Program Kick-Off Webinar
Slides | Recording

This session kicks off the initial phase of the NMTC Preparation Program. Staff from Capital Fund and Capital Link review and explain the NMTC program and financing process.