House Appropriations Committee Approves FY2017 Agriculture Appropriations BillApril 20, 2016
Yesterday the House Appropriations Committee approved the fiscal year 2017 Agriculture Appropriations bill, legislation which will provides spending authority for the U.S. Department of Agriculture. The bill totals $21.3 billion in discretionary spending, $451 million lower than current enacted FY2016 levels and $281 million below President Obama’s FY2017 budget request.
Learn How New Markets Tax Credits Stimulate Growth in Utah!April 13, 2016
Join NDC on April 28th in Salt Lake City for a FREE educational seminar on the NMTC program
NDC Affordable Housing Announces Closing for Project in Lincoln County, NVApril 8, 2016
NDC Corporate Equity Fund XII announced a LIHTC closing for a $5.5 million rehabilitation and consolidation of three projects, totaling 52 senior units. With the closing for this project, NDC Corporate Equity Fund adds a new state to their portfolio. The project was completed in partnership with Carefree Living Caliente, American Covenant Senior Housing Foundation and Oakleaf, LLC.
Senate Finance Committee seeks to add Energy Tax Extenders to FAA ReauthorizationApril 7, 2016
The renewable energy tax credits were all but left for dead in the tax deal struck in December, however Democrats have found a vehicle to revive the credits. Senator Thune, chairman of the Senate Commerce, Science and Transportation committee, alerted his Republican colleagues earlier this week that the FAA reauthorization bill wouldn’t move unless a compromise to extend the credits was struck with the Democrats.
NDC Highlights American Model for P3 in Bond BuyerApril 1, 2016
The NDC American Model™ uses tax exempt bond financing and employs a private sector development team to maximize the benefits of private sector development expertise.
NDC Affordable Housing Announces Closing for Project in St. Peter, MN.April 1, 2016
NDC Corporate Equity Fund XII announced a LIHTC closing for the $2.5 million rehabilitation and recapitalization of a 32 unit affordable housing development.