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Ohio HB 1: A Proposed Ohio NMTC.

written on April 6th, 2009 | by James R. Klein

I think there is some credibility to the phrase “If you can manage to stay around long enough people mistakenly think you know what you’re talking about.” Last Thursday (April 2), at the invitation of the Hon. Armond Budish, Speaker of the Ohio House of Representatives, I testified at the Ohio House Finance and Appropriations Committee concerning the New Markets Tax Credit (NMTC) program.

Tags: Armond Budish, Finance Fund, GAO, Government Accounting Office, Governor Strickland, House Bill 1, New Markets Tax Credit, Ohio General Assembly, Ohio House of Representatives, State of Ohio, Tax, tax credits
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Ohio House April 2, 2009 Testimony: New Markets Tax Credit

written on April 2nd, 2009 | by James R. Klein

TESTIMONY BEFORE THE OHIO HOUSE FINANCE AND APPROPRIATIONS COMMITTEE
JAMES R. KLEIN, CEO, OHIO COMMUNITY DEVELOPMENT FINANCE FUND
OHIO NEW MARKETS TAX CREDIT

Tags: Add new tag, Community Development Entities, Finance Fund, Governor Strickland, Ohio Department of Development, Ohio General Assembly, Ohio House of Representatives, State of Ohio, tax credits
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What discipline will be needed to make New Markets Tax Credit work and who needs to be involved?

written on February 18th, 2009 | by James R. Klein

To get an Ohio NMTC program started there needs to be a united and concentrated effort on the part of the Strickland administration and General Assembly.

Tags: Congress, Governor Strickland, New Markets Tax Credit, Ohio General Assembly, US GAO
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Can New Markets Tax Credits work at the state level? – Generally can it be scaled?

written on February 15th, 2009 | by James R. Klein

New Markets Tax Credit is a valuable tool for directing investment into distressed communities.

Tags: Congress, Governor Strickland, New Markets Tax Credit, Ohio General Assembly, US GAO
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New Markets Tax Credits: WHAT IS IT, how does it work.

written on February 12th, 2009 | by James R. Klein

New Markets Tax Credits (NMTC) was designed to stimulate investments in commercial real estate and business ventures located in low income urban and rural areas.

Tags: CDE, CDFI, Community Development Entities, Community Development Finance Institution, Community Renewal Tax Relief Act, Congress, Governor Strickland, LIC, Low Income Community, New Markets Tax Credit, Ohio General Assembly, US GAO, US Treasury Department
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