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VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
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REFRESH-INTERVAL:P3D
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20121210T150000Z
DTEND:20121210T170000Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:Lowcountry Housing Trust and SunTrust Community Capital
DESCRIPTION:The New Markets Tax Credit (NMTC) Program spurs investment of private sector capital in distressed communities by providing a tax credit for taxpayers who make qualified equity investments in designated Community Development Entities (CDEs). To date\, organizations awarded tax credits have raised $15.8 billion in equity investments\, stimulating economic growth\, supporting job creation\, development of mixed use projects\, and fostering small business growth in distressed communities across America. The Administration has proposed to authorize NMTCs at $5 billion in 2011.\n\n \n\nJoin LHT and STCC as we explore\n\n\n	\n		The Basics of the US Treasury CDFI Fund's NMTC Program\n	\n		How to access NMTC financing through SunTrust Community Capital\n	\n		How have NMTCs been used in coastal South Carolina to finance developments\n\nMonday\, December 10\, 2012\n\n10:00 a.m. - 12:00 p.m.\n\n\n\nShed   Town of Port Royal\n\n \n\nFeatured Speakers:\n\nJim Beaty\, Vice President                     SunTrust Community Capital\n\nJim Haley\, Chief Financial Officer        The Noisette Company\n\nClay M. Grayson\, Attorney                  Haynsworth\, Sinkley Boyd\, P.A. \n\n \n\n \n\nRegistration\n\nThis workshop is free and open to the public\, but registration is required. Email your name\, title\, company\, address\, phone\, and email to Debra Crawford at 843-973-7285 or at debra@lowcountryhousingtrust.orgwith the SUBJECT: NMTC Workshop.\n\n \n\nSponsors\n\nSunTrust Community Capital Provides private developers\, local governments and nonprofits the capital and support they need to take community development projects from vision to reality. STCC has financed properties that provide approximately 50\,000 low to moderate income housing units and has committed over $2.4 billion in debt and equity to these types of projects. Additionally\, over $265 million in flexible and non-traditional financing has been invested in other community revitalization efforts through its New Markets Tax Credit program.\n\n \n\nLowcountry Housing TrustSince its inception in 2004\, LHT has provided $15 million in financing that has facilitated the development of more than $146 million in community development projects\; funding has created or retained 3\,295 jobs\, 1018 housing units\, and provided a safe\, decent and affordable place to call home for 2\,545 individuals and families.
X-ALT-DESC;FMTTYPE=text/html:<span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">The New Markets Tax Credit (NMTC) Program spurs investment of private sector capital in </span></span></span><span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">distressed communities by providing a tax credit for taxpayers who make qualified equity investments in designated Community Development Entities (CDEs). To date\, organizations awarded tax credits have raised $15.8 billion in equity investments\, stimulating economic growth\, supporting job creation\, development of mixed use projects\, and fostering small business growth in distressed communities across America. The Administration has proposed to authorize NMTCs at $5 billion in 2011.</span></span></span><br />\n&nbsp\;<br />\n<span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">Join <strong>LHT</strong> and <strong>STCC </strong>as we explore</span></span></span><br />\n<ul>\n	<li style="line-height: normal\; margin: 0in 0in 10pt\; color: #333333">\n		<span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">The Basics of the US Treasury CDFI Fund&#39\;s NMTC Program</span></span></li>\n	<li style="line-height: normal\; margin: 0in 0in 10pt\; color: #333333">\n		<span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">How to access NMTC financing through SunTrust Community Capital</span></span></li>\n	<li style="line-height: normal\; margin: 0in 0in 10pt\; color: #333333">\n		<span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">How have NMTCs been used in coastal South Carolina to finance developments</span></span></li>\n</ul>\n<strong><span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">Monday\, December 10\, 2012</span></span></strong><br />\n<span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">10:00 a.m. - 12:00 p.m.<br />\n<br />\n<strong>Shed &ndash\; Town of Port Royal</strong></span></span><br />\n&nbsp\;<br />\n<strong><span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">Featured Speakers:</span></span></strong><br />\n<span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">Jim Beaty\, Vice President&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; SunTrust Community Capital</span></span><br />\n<span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">Jim Haley\, Chief Financial Officer&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; The Noisette Company</span></span><br />\n<span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif">Clay M. Grayson\, Attorney&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Haynsworth\, Sinkley Boyd\, P.A. </span></span><br />\n&nbsp\;<br />\n&nbsp\;<br />\n<strong><span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">Registration</span></span></span></strong><br />\n<span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">This workshop is free and open to the public\, but registration is required. Email your name\, title\, company\, address\, phone\, and email to Debra Crawford at 843-973-7285 or at </span></span></span><a href="mailto:debra@lowcountryhousingtrust.org"><span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif"><span style="color: #0000ff">debra@lowcountryhousingtrust.org</span></span></span></a><span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">with the SUBJECT: <strong>NMTC Workshop</strong>.</span></span></span><br />\n&nbsp\;<br />\n<strong><span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">Sponsors</span></span></span></strong><br />\n<a href="https://www.suntrust.com/CommercialCorporateInstitutional/SolutionsandCapabilities/FinancingandCapitalRaising/RealEstateLoansandLeases/SunTrustCommunityCapital"><span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif"><span style="color: #0000ff">SunTrust Community Capital</span></span></span></a><u>&nbsp\;<span style="text-decoration: none\; text-underline: none"><span style="font-size: 10pt"><span style="color: windowtext"><span style="font-family: century gothic\, sans-serif">P</span></span></span></span></u><em><span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">rovides private developers\, local governments and nonprofits the capital and support they need to take community development projects from vision to reality. STCC has financed properties that provide approximately 50\,000 low to moderate income housing units and has committed over $2.4 billion in debt and equity to these types of projects. Additionally\, over $265 million in flexible and non-traditional financing has been invested in other community revitalization efforts through its New Markets Tax Credit program.</span></span></span></em><br />\n&nbsp\;<br />\n<a href="http://www.lowcountryhousingtrust.org/"><span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif"><span style="color: #0000ff">Lowcountry</span></span></span></a><span style="font-size: 10pt"><span style="font-family: century gothic\, sans-serif"><span style="color: #0000ff"> Housing Trust</span></span></span><span style="font-size: 10pt"><span style="color: #333333"><span style="font-family: century gothic\, sans-serif">Since its inception in 2004\, LHT has provided $15 million in financing that has facilitated the development of more than $146 million in community development projects\; funding has created or retained 3\,295 jobs\, 1018 housing units\, and provided a safe\, decent and affordable place to call home for 2\,545 individuals and families.</span></span></span><br />\n
LOCATION:Shed Town of Port Royal
UID:e.1212.4654
SEQUENCE:3
DTSTAMP:20260422T115934Z
URL:http://business.beaufortchamber.org/events/details/lowcountry-housing-trust-and-suntrust-community-capital-12-10-2012-4654
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