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Community First Fund to hold tax credits forum

The Community First Forum will hold a forum next week on new markets tax credits for developers and economic development professionals.

The event will take place from 8 a.m. to noon Wednesday. Presentations will cover legal issues, how to put together a successful deal and the specifics of Community First Fund’s new program.
The nonprofit lender announced a few weeks ago it had received a $15 million allocation of new markets tax credits, its first. Community First Fund will award the credits to eligible projects in its service area, which includes the midstate and eastern Pennsylvania.
The credits come from the U.S. Treasury’s Community Development Financial Institutions Fund and are designed to spur investment in low-income areas.
Developers can also sign up to meet one-on-one with Community First Fund representatives between 2 and 4 p.m., the nonprofit said.
Registration is online. Contact the Community First Fund for more information.

Tim Stuhldreher

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