Expertise in Securing, Deploying and Administering NMTC Allocation
We work with Community Development Entities (CDEs) at every stage of the NMTC lifecycle — from securing allocation through the CDFI Fund, to deploying capital to projects, to managing investments throughout the seven-year compliance period.
SB Friedman provides a full suite of NMTC services to CDEs across the country, covering every aspect of the NMTC process from strategy development and competing for NMTC allocation to successfully deploying and administering NMTC loans. We have secured over $2.1 billion in NMTC allocation for our CDE clients and helped them distribute capital to nearly 200 projects. Our dedicated 12-person NMTC team allows us to bring substantial capacity to every engagement while maintaining a high level of responsiveness and customization to our client's specific needs. We take a hands-on approach to every engagement, helping our CDE clients leverage NMTCs to further their missions and strategic objectives rather than needing to follow a "one-size-fits-all" approach.
Our Services Include
Securing NMTC allocation through highly customized applications that present each CDE's mission, strategy and track record in the most competitive light, supported by in-house analysis of economic impact and community needs
Developing and evaluating pipeline by leveraging our relationships to source high-impact projects and assessing opportunities for alignment, feasibility and construction-readiness
Structuring and closing financings that combine NTMC with other public and private sources while providing active deal support that drives deals forward with maximized benefit to borrowers
Performing asset management and compliance functions, including construction monitoring, loan servicing and unwind supports, as well as CDFI Fund, borrower and investor compliance and reporting
Measuring and analyzing community impacts through customized surveys, on-site interviews and economic analysis that inform board decisions, CDFI Fund reporting, and future allocation applications
