CBO Financial - External NMTC (Grant) Application Reviewer

[cwoods333]

Note: This job is unresearched

CBO Financial is seeking external reviewer(s) to assist in the 2012 New Markets Tax Credit (NMTC) application process. The NMTC Program allocates tax credit authority to Community Development Entities (CDEs), which in turn make investments in a variety of businesses and activities in low-income communities across the United States.

Reviewer(s) will be expected to evaluate each application twice. There will be an initial review of the CDE's 2011 submittal, and then a secondary review after comments have been incorporated and the application has been updated.

The Reviewer(s) will evaluate the applications using past NMTC application review criteria, including such factors as prior performance of the applicant in funding eligible activities; raising and managing investor funds; capacity, skills, and experience of the management team; proposed deployment of allocated tax credit authority; and community impact of the expected investments. Reviewers will then submit their comments and offer suggestions for improvement to CBO Financial.

It is estimated the reviewer will have in total 4-7 separate applications to review prior to the 2012 NMTC deadline (to be determined, estimated late summer 2012). If application volume is higher than expected, some reviewers may be asked to review additional applications.


Requirements:
Well-qualified candidates should possess considerable expertise in community and economic development and finance, encompassing business and real estate development, financing of community-based organizations, the pooling of community development loans for sale to secondary markets, and financial counseling, particularly for small businesses.

Although it would be an added benefit, the reviewer(s) are not required to have NMTC program experience. If needed, CBO Financial can conduct a program overview which will address NMTC program goals, grant application review policies, review procedures, sample reviews, and establish a mutually agreed-upon understanding of the role and responsibilities of reviewer(s).

How To Apply:
If you are interested in this opportunity, please visit EXTERNAL NMTC (Grant) APPLICATION REVIEWER NEEDED

Good Luck!!!

Carlene