Novogradac to Announce Excellence in Community Development at NMTC Conference

Celebrating Community Development: Novogradac Awards at NMTC Conference

The anticipation is building as the Novogradac 2026 Spring New Markets Tax Credit (NMTC) Conference approaches, set to take place from June 4-5 in the heart of Washington, D.C. Gregory Clements, a partner at Novogradac, is scheduled to announce the esteemed winners of the Journal of Tax Credits Awards during this significant event. Among the accolades, the highlight will be the presentation of the prestigious Robert E. Ibanez Award, recognizing outstanding contributions to community development.

This year, the conference is poised to bring together a diverse group of stakeholders, including community development entities (CDEs), investors, developers, and advisors. These professionals will engage in crucial discussions regarding the NMTC program, focusing on its permanence and current trends in community development. It’s an opportunity to delve into pressing topics like policy updates, emerging compliance trends, and practical strategies to maximize NMTC investments.

Kicking off the conference will be a Fireside Chat featuring Rep. Jason Smith and Michael Novogradac, where attendees can expect insights on legislative impacts and industry developments. Following this, the agenda is packed with informative sessions that cover various aspects of the NMTC landscape. Notably, a session titled 'Washington Report' will provide a thorough overview of recent legislative changes, while a 'State of the Equity Market' panel will discuss investment trends affecting community development initiatives.

Other sessions will explore practical applications of NMTC in the housing sector, particularly focusing on building owner-occupied housing, which is vital for revitalizing neighborhoods and fostering stable communities. A comprehensive agenda for the conference is readily available for those interested in attending these insightful discussions.

Gregory Clements, who serves as the conference chair, expressed enthusiasm about the event, emphasizing that with the permanence of NMTC in place, there is heightened interest among industry professionals to explore innovative policies and approaches. He noted, "Our NMTC conference in Washington, D.C., is a key opportunity to learn how permanence is reshaping policy conversations, strengthening investor participation, and encouraging development opportunities in low-income communities."

Co-hosted by Capital One and U.S. Bancorp Impact Finance, the conference boasts several prominent sponsors, including Dudley Ventures, Enterprise, Husch Blackwell LLP, and Smith NMTC Associates LLC. Moreover, market leaders such as Greenline Ventures and the National Trust Community Investment Corp. will contribute their expertise and insights, paving the way for fruitful networking and collaboration.

In preparation for the conference, Novogradac will also be hosting two pre-conference workshops on June 3. The NMTC Basics Workshop will cover foundational knowledge about the NMTC program, including its history, key players, and how to navigate potential pitfalls like recapture. Similarly, the NMTC Compliance Workshop will delve into compliance requirements set forth by the Internal Revenue Service and the Community Development Finance Institution Fund. Participants can gain a better understanding of allocation agreements, risks, and compliance essentials to ensure successful NMTC investments.

With over 35 years of experience, Novogradac is renowned for its prowess in tax, audit, and consulting services, specializing in areas like affordable housing, community development, historic rehabilitation, and renewable energy. The conference not only serves as a platform to recognize excellence but also as an invaluable resource for professionals striving to innovate and improve community funding strategies.

As the date approaches, interest is surging within the industry, as many look forward to gleaning insights that could redefine approaches to community development. The Novogradac 2026 Spring NMTC Conference stands to be a seminal event, bringing together thought leaders and innovators committed to enhancing communities through effective tax credit programs.

For additional details about Novogradac or the upcoming conference, interested parties are encouraged to visit Novogradac's website or contact their offices directly.

This conference holds the promise of shaping the future for many communities across the nation, heralding new opportunities for growth, collaboration, and positive change.