Jose Ometeotl of Willdan Financial Services was chosen to present a session during the Association of Pacific Ports 2014 Winter Conference. The well attended presentation focused on New Market Tax Credits (NMTC) and utilized the recently completed Port Hueneme New Markets Tax Credit project as the case study.
The goal of the NMTC program is to spur revitalization efforts of low-income and impoverished communities across the United States. The program provides tax credit incentives to investors for equity investments in certified Community Development Entities, which invest in low-income communities.