Get Transaction Intake Form

Completing the Transaction Intake Form online is a crucial step in providing necessary details for projects eligible for New Markets Tax Credit financing. This guide will walk you through the process to ensure all sections are filled out accurately and completely.

Follow the steps to successfully complete the Transaction Intake Form.

1. Press the ‘Get Form’ button to access the form and open it in your editor.
2. In the General Information section, fill in the project name, organization, mailing address, city, state, and zip code. Include a contact for follow-up with their name, telephone number, email address, and their relation to the project.
3. In the Sponsor Information section, specify the sponsor name and organization type, selecting from options such as for-profit entity, public entity, or nonprofit entity.
4. Provide details about the Project Team in section III. List the roles, firm or internal positions responsible, and identify lead staff or contacts. Indicate N/A for any non-applicable roles or TBD for unselected roles.
5. For the Project Location section, enter the street address, city, state, zip code, and census tract if available. Also indicate the community type as major urban, minor urban, or rural.
6. In the Project Description section, describe the nature of the venture (real estate, operating business, etc.) and furnish a general project description. Attach any additional relevant materials.
7. Complete the QALICB Profile by affirming the project’s status as a Qualified Active Low-Income Community Business and providing supporting documentation as needed.
8. Enumerate all applicable Targeted Distressed Criteria in section VII, providing documentation for any criteria marked as yes.
9. Detail the Social Investment Criteria in section VIII, indicating local community support, contributions to development efforts, and sustainable environmental practices.
10. In section IX, estimate the expected impacts, including square footage, housing units, jobs created, and community benefits. Be specific in your estimations.
11. Address the need for NMTC financing in section X, explaining how it will generate benefits. Provide a comprehensive description of financing needs and terms sought.
12. In the Financing Information section XI, attach necessary financial documents and complete the project cost, NMTC investment details, and sources of other funding.
13. Lastly, in section XIII, ensure all required submission materials are included: the completed form, supporting documents, lease information, and financial projections.
14. Affirm the accuracy of the provided information by signing, printing your name, and dating your submission.
15. Once all sections are filled, you can save changes, download for your records, print a copy, or share the completed form as needed.

Take the next step and complete your Transaction Intake Form online today.