Who Can Sell Tax Credits?

A Developer or Property Owner interested in monetizing SC Tax Credits with the assistance of TCM will undergo a thorough vetting process and confirmation of publicly-filed information.  Additionally, the Project itself will be reviewed, and qualifying expenses will be certified by a third party accounting firm.  Once a project is accepted, the Owner/Developer and TCM will enter into documents which provide, among other things, for a TCM-owned Fund to become a non-voting, limited equity owner of the project (typically 3%) to whom the Project’s excess SC Tax Credits are allocated in exchange for a capital contribution from the Fund.