Vice President of Tax Credit Investment Group at PNC Bank
Marie Hickle is responsible for NMTC and HTC origination activity for the national New Markets Tax Credit practice within PNC’s Tax Credit Investment Group. In this role, Ms. Hickle is responsible for working with CDE partners and
developers, as well as the deployment of PNC’s own NMTC allocations. Prior to joining PNC, Ms. Hickle was an NMTC and HTC Originator for Bank of America Merrill Lynch where she was responsible for originating, underwriting and closing transactions.
Ms. Hickle began her career as an accountant at Novogradac & Company focusing on business consulting, structuring and financial projection engagements involving federal, state and local incentives including New Markets, Historic, Renewable Energy, Production and Low Income Housing Tax Credits. Ms. Hickle earned a bachelor’s degree in finance and a MBA from Cleveland State University.
Beyond historic preservation tax credits, what other financial tools are available to finance projects? Such incentives are more important than ever with credit markets tightening in the current inflationary high interest rate environment. In this session, we will take an in-depth look at the power of combining available incentives, with a primary focus on New Markets Tax Credits (NMTCs), Opportunity Zones, tax increment financing (TIF), property tax abatements, TMUD, and PACE financing. We will also discuss such practical experiences as considerations related to retaining vs. syndicating federal historic tax credits (HTC), closing HTC and NMTC syndication transactions, obtaining bridge financing, and choosing a good team of consultants to complete HTC projects. By presenting examples of actual deal structuring for some great historic properties, this session shows you how these and other programs work, how they can function together, and how you can work with the government agencies, investors, lenders, accountants, attorneys, and preservation consultants who can bring these incentives to your project. Note: our session is intended for those with a basic knowledge of project development. A significant amount of time is made available for questions so that participants can apply what they have learned. Approved for 1.00 AIA LU credit.