CDe / NMTC - Software

One of the most daunting tasks a NMTC allocatee will face is complying with the complex regulations and reporting requirements of the program. Based on feedback from some of the CDEs we spoke with early on, we have developed a comprehensive allocation management system that will make compliance much easier.

The fully integrated web-based software, designed to assist with the day-to-day operations of transactions, automates: the direct tracking of the qualified investor's funds into the CDE and ultimately to the QALICB; the reports necessary to comply with CDFI Fund, IRS, and investor requirements; deadline notifications; QALICB qualification and "substantially all" tests; non-compliance alerts; fund requests and/or "call for cash" letters; integration with the general ledger for daily reporting; and more!