NMTC After Closing: Building Your Compliance Roadmap for Years 1-7
About This
Event
Join Hope Community Capital for NMTC After Closing: Building Your Compliance Roadmap for Years 1-7, a practical webinar designed to help Project Sponsors successfully navigate the seven-year New Markets Tax Credit (NMTC) compliance period.
While closing an NMTC transaction is a major milestone, it is only the beginning of a long-term compliance journey. This session will provide proven strategies, tools, and best practices to help organizations understand their obligations, establish effective compliance processes, and prepare for a successful Year 7 exit.
Our panel of NMTC compliance and asset management experts will share real-world insights on managing post-closing requirements and avoiding common compliance pitfalls.
We will cover:
- How to translate your NMTC loan documents into a practical compliance calendar with clear internal responsibilities
- The reporting, recordkeeping, and annual certification requirements Project Sponsors need to manage throughout the seven-year compliance period
- Common post-closing challenges during construction and operations, and how to address them before they become compliance issues
- How to track and report the community impacts promised at closing
- Steps Project Sponsors can take throughout the compliance period to prepare for a smooth and efficient Year 7 exit
The webinar is intended for organizations that have recently closed or are preparing to close an NMTC transaction, as well as anyone interested in building on the foundational concepts covered in our NMTC 101. This webinar is particularly relevant for organizational leadership, finance staff, project managers, and other team members responsible for post-closing compliance along with NMTC consultants, advisors, and CDE and asset management professionals looking for practical strategies to help portfolio projects succeed.
Sierra leads the firm’s national work in New Markets Tax Credits (NMTC), QALICB consulting, CDE advisory services, and complex community finance strategy. With over 15 years of experience across academic, nonprofit, and government sectors, she brings deep experience designing and documenting capital strategies that blend grants, public funding, and private investment to drive equitable access and long-term sustainability, supporting initiatives like solar deployment, rural infrastructure, and housing for underserved communities. Sierra brings a rigorous approach to community impact analysis, funding pipeline development, program compliance, and post-award implementation support.
As CCML’s Compliance Officer, Sara is responsible for the design, development, and management of the federal and state tax credit program compliance. Her compliance oversight and management during underwriting, closing, and throughout the life of the compliance period is a key element to CCML’s success. She develops and oversees implementation of CCML policies, and procedures to ensure CCML’s full regulatory compliance at the federal, state, and/or local levels. Sara advises on related developments, with an emphasis on the growing and complex NMTC program. Another key element of her role with CCML is her responsibility for initial analysis and ongoing monitoring, collection and reporting of impacts, specifically in the low-income communities CCML’s projects serve.
Sara’s experience brings a critical skill set to CCML where she is a key person in managing data collection, analysis, and retention related to NMTC program compliance and reporting. Her strong attention to detail and experience with monitoring community outcomes aids her in monitoring project adherence to projected outcomes in Community Benefit Agreements, thereby ensuring projects address community needs identified in the underwriting process.
Marilyn is the Senior Asset and Relationship Manager at CEI Capital Management LLC (CCML), a New Markets Tax Credit (NMTC) subsidiary of Coastal Enterprises, Inc. (CEI), a Maine-based community development financial institution with a mission to build just, vibrant and climate-resilient futures for people and communities in Maine and rural regions by integrating finance, business expertise and policy solutions in ways that make the economy work more equitably.
She is responsible for managing a portfolio of NMTC and Maine New Market Capital Investment program investments. She oversees all asset management issues during the underwriting, closing, compliance period, and exit stage. In addition, she negotiates and implements required changes to asset structure during the life cycle of each transaction and provides direct supervision and leadership to other Asset and Relationship Managers. Marilyn is accountable for the attainment of short and long-term financial and operational goals for her line of business.
Marilyn has managed over $1B of assets during her career. She understands NMTC transaction structure and has developed a deep understanding of the complexities of the New Markets Tax Credit and Maine New Market Capital Investment Programs. She is proficient at reading legal documents and understanding various legal strategies in dealing with commercial loans, bankruptcies, receiverships, and foreclosures.
Marshall is the Chief Financial Officer for Premium Peanut. His experience closing on NMTC transactions is valuable insight into how to be successful. We are excited to share his tips and tricks.
Premium Peanut is a grower-owned American company that specializes in peanut shelling and distribution, peanut oil production, and peanut seed sales. With industry-leading facilities, they handle approximately 10 percent of all peanuts harvested in the U.S. each year. The company is supported by over 450 peanut growers, ensuring a farmer-first mindset and a commitment to quality. Their operations include a large shelling facility in Douglas, Georgia, with an annual processing capacity of over 300,000 tons.