an entrebank specialty
Tax Credit Lending
New Market Tax Credit (NMTC) Lending
Historic Tax Credit (HTC) Lending
The Historic Tax Credit program was created by congress to promote and encourage the preservation and rehabilitation of historic buildings. Without this program, many historically designated buildings would be taken down and demolished for new.
The Federal Government has created a 20% Federal Credit that can also be paired up with a State Tax Credit (in most cases) to create equity to promote the rehab of historic buildings. Reach out today if you are working on a project for which you’re applying for historic designation, or if a building has already received it, and you’d like to discuss financing options.
Low-Income Housing Tax Credit (LIHTC) Lending
Solar Tax Credit Lending
Kind Words from Clients
It was apparent I was working with a "partner."
I had the privilege of working with Todd Hovland on the historic, development of both the Keg and Case Market and the historic Rathskeller building. In my experience, Todd exemplifies what one would hope for in a banking relationship. He genuinely advocates for the furtherance of his client’s goals, dreams, and objectives and is creative on how to best achieve them. At the onset of the projects, it was apparent that I was working with a “partner” and that attitude, and character remained consistent throughout our work together.