National Trust Community Investment Corporation

03/29/2024

Celebrating Women's History Month with NTCIC's Director of Asset Management, Mercedes Stevenson! Learn more about how her interests in urban design and planning led her to where she is today, and her valuable insights on leading with passion.

Meet Mercedes Stevenson, NTCIC's Director of Asset Management, as we highlight the women leaving a lasting impact on the tax credit industry.

01/24/2024

We are delighted to share that David G. Clower has been appointed the new President and CEO of the National Trust Community Investment Corporation!

David brings to the role a remarkable 30-year tenure in commercial and investment banking and community development finance. His strategic vision and steadfast commitment to community revitalization make him an ideal NTCIC leader as we approach our 25th anniversary.

David will begin his tenure on February 20, 2024. Please join us in welcoming him to the NTCIC team!

Read the full announcement: https://ntcic.com/news-blog/david-clower-president-ntcic/ ‎

NTCIC proudly announces the appointment of David G. Clower as its new President & Chief Executive Officer, effective February 20, 2024.

10/30/2023

From New Orleans to Charlotte, the NTCIC team has been on the move this Novogradac & Company LLP conference season! Our very own Kathleen Galvan and Amanda Bloomberg provided invaluable insights on 'Investor Insights' panels. Plus, Kathleen shed light on supporting impactful historic investments.

And to those who joined us for some 'Pickleball and Preservation' ahead of the HTC conference, stay tuned – it might just become a regular on our conference agenda!

10/13/2023

Thanks again to Novogradac & Company LLP for hosting another great conference. We hope to catch you all later this month in New Orleans! And a big congratulations to the Mill House team on your historic award!

10/11/2023

Looking forward to connecting with our colleagues this week in Charlotte at the Novogradac & Company LLP HTC Conference! Don't miss NTCIC's Kathleen Galvan speaking on the 'Social Impact and HTCs' panel and Amanda Bloomberg sharing insights on the 'Investor Insights' panel.

09/22/2023

National Trust Community Investment Corporation is pleased to announce that we have been awarded $50 million in New Markets Tax Credit (NMTC) allocation authority by the CDFI Fund of the U.S. Treasury Department. We wish to congratulate our fellow awardees and look forward to working with partners across the country to support underinvested communities that need access to capital to bring new life to historic community assets.

With this year’s NMTC allocation, NTCIC will continue our historic preservation-based community investment strategy to support communities.

09/19/2023

Rates increase soon for PastForward 2023, the national event for those who work to save, sustain, and interpret historic places! Early bird deadline is September 22; register today to save big!

Hosted by National Trust for Historic Preservation PastForward 2023 will take place November 8-10 in Washington, D.C. and this year’s theme is Preserving Place, Empowering Community.

At PastForward, attendees will be empowered with effective tools and inspiring perspectives. PastForward itself is a community, a powerful network of preservationists and allies that we strengthen when we gather, celebrate, and learn together.

Connecting with a broad, diverse range of colleagues from across the country, PastForward 2023 attendees will come together in our nation’s capital to engage with vibrant historic places, share successes and challenges, and generate ideas and solutions for the preservation movement and the various communities we serve.

Learn more about this year’s theme, sessions, speakers, and details on how to register at https://savingplaces.org/conference.

08/16/2023

The conversion of the historic downtown Illinois Building into a hotel exemplifies the shift of companies to more remote and flexible work arrangements and a reduction in the demand for traditional office spaces.

This trend has led to an increased interest in repurposing these historic spaces into other types of properties, such as hotels, housing, and retail, which can cater to the evolving needs of urban centers. Learn more about the history and future of the Illinois Building in downtown Indianapolis, IN:

NTCIC is proud to announce the successful Historic Tax Credit financing to support the revitalization and development of a new InterContinental Hotel in Indianapolis, IN.

08/10/2023

This spring, National Trust Community Investment Corporation participated in the tax credit financing for the transformation of the historic Illinois Building in downtown Indianapolis, IN. Led by Keystone Group, the building will soon become a full-service InterContinental hotel and revitalized restaurant space.

The project was financed through NTCIC's Climate Impact and Revitalization Fund, an ESG initiative supporting the nation's historic preservation movement and the expansion of solar energy opportunities. Learn more about the investment:

Discover how Keystone Group is transforming a historic office into a luxury hotel with Historic Tax Credit financing from NTCIC.

08/08/2023

Last week, Mike Phillips, NTCIC's Director of Public Policy, shared the latest Historic Tax Credit advocacy updates. The currently has 37 House and Senate cosponsors, and advocates are urged to connect with their representatives during the August recess.

Read the full update and learn how you can help enhance and expand the Historic Tax Credit: https://ntcic.com/news-blog/htc-advocacy-august-update/

08/07/2023

Last month, Heather Buethe, NTCIC's Senior Director of Project and Asset Management, was recognized as a young leader and rising star in community development by the Novogradac Journal of Tax Credits.

Read the full article and learn more about how sports, her family, and "an elite understanding of the financial and legal worlds" have guided her through a successful career.

The Novogradac Journal of Tax Credits recently recognized NTCIC's Heather Buethe as a young leader and rising star in community development.