Consultant - New Market Tax Credits
Brynn Sanders began her career in the legal department at Bank of America, but a passion for community investing awakened at the U.S. Bancorp Community Development Corporation, where she helped launch its Federal New Markets and Low-Income Housing Tax Credit Syndications in 2008. During her tenure, Ms. Sanders’ group placed more than $1 billion in community-enhancing tax credits with third-party investors, and Ms. Sanders herself managed a $1.5 billion portfolio of NMTC investments. In 2013, Ms. Sanders was recruited to Advantage Capital Partners structuring group, where she grew an existing $80 million business line in QALICB consulting and CDE loan fund services to $450 million in four years. She worked closely with investment partners, lenders, and portfolio companies to originate funds, structure closings, monitor regulatory compliance, and manage assets, including troubled asset workouts, among other responsibilities. Ms. Sanders moved to LISC’s New Markets Support Company in 2017 to establish a new business line creating and managing loan funds with both NMTC and non-NMTC focused partners. She also worked with third-party CDEs to assist with outsourced asset management and NMTC application services. To round out her NMTC perspective, Ms. Sanders joined Affordable Equity Partners in 2019 to raise debt and equity capital for the affordable housing firm, working with Low-Income Housing Tax Credits (LIHTC). There, she secured $30 million of structured debt and equity, as well as construction commitment letters, from four new partners despite economic and travel challenges presented by the pandemic. She also wrote two NMTC applications and assisted in deploying and capital raising for their Georgia rural jobs loan fund. Sanders Capital Consulting was formed in 2021 as a woman-owned consultancy to assist firms navigate the complexities of NMTCs.