CCML’s NMTC Roundtable

Event Date: September 13, 2022

About This Event

On September 13, 2022 Carrie joined a provocative discussion about the origins of community impact in NMTC transactions, why these impacts STILL matter, and how impact to low-income communities can be maximized through deal structuring, community benefit agreements, investor selection, and more.

Panelists also discussed the “But For” test and perspectives on how CDEs and Investors measure it.

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Carrie Sanders, CEO of Hope Community Capital

Carrie Sanders is the CEO of Hope Community Capital LLC (HCC). Based in Madison, Wisconsin, HCC is a national consultancy with a mission to raise capital and provide development advisory services to accelerate the work of organizations whose mission is to expand economic opportunity for underserved people and communities. The firm assists its clients in the intricate process of accessing, structuring, and closing financial capital for high-impact community development, with a specialty in NMTC financed projects.

Traci Vaine, CEO of CEI Capital Management LLC

As CEO, Ms. Vaine is responsible for the strategic direction and financial success through achievement of current and long-range objectives, including direct oversight and involvement with capital raising and deployment, and oversight of accounting, compliance, asset management, public relations and community engagement. In her work at CCML, Vaine co-founded the CCML NMTC Roundtable, a forum for practitioners to discuss current topics and industry trends.

Bret Hendrickson Partner, Nolan Sheehan Patten LLP

Bret Hendrickson concentrates in affordable housing and community development real estate transactions, particularly those involving the New Markets Tax Credit. Bret has represented community development entities, borrowers and investors in closing New Markets Tax Credit financings for a broad range of projects. He also has experience with financing structures that combine the New Markets Tax Credit and the Historic Rehabilitation Tax Credit.

Bret is also experienced in general commercial real estate financing, acquisitions, dispositions, zoning, permitting, conveyancing, commercial leasing and title matters. He represents developers, borrowers, equity investors and lenders in transactions involving public and private financing sources.

Prior to joining Nolan Sheehan Patten, Bret practiced in the real estate group at DLA Piper LLP (US) in Boston where he focused on mortgage lending, mezzanine lending, commercial leasing and conveyancing.

Ursula Eatmon Business Support Consultant, AVP, Wells Fargo Community Lending & Investment

Ms. Eatmon has 20 years experience in the financial services industry, 17 of which have been in NMTC Compliance. Her background also includes asset management and compliance for LITHCs and HTC properties. As compliance manager she oversees and monitors compliance for the Wells Fargo NMTC portfolio.