Using NMTCs to Expand Meals on Wheels Services
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Using NMTCs to Expand Meals on Wheels Services
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New Markets Tax Credits (NMTCs) are a powerful tool for driving economic development and expanding services in underserved communities. In this episode of Cherry Bekaert’s Tax Services Podcast, Trevor Nelson, Manager with the Strategic Financing Services team, speaks with Catriona Carlisle, Executive Director of Meals on Wheels of Greenville, about how NMTCs supported a major facility expansion.
The conversation highlights the key phases of a successful NMTC closing, from project planning through compliance. It also demonstrates how Cherry Bekaert’s Strategic Financing Services team supports clients throughout the NMTC process, helping unlock funding and enhance community impact.
Listeners will gain practical insights on aligning with community development goals, managing documentation and compliance while keeping stakeholders informed. This client testimonial emphasizes the importance of preparation, strong partnerships, and long-term planning in delivering meaningful, lasting change.