News Industry/Other

Kathleen Galvan Promoted to Acquisitions Manager

Written By: NTCIC

NTCIC is proud to announce the promotion of Kathleen Galvan to Acquisitions Manager.

Working with Managing Director Kandi Jackson, Kathleen will be responsible for identifying, structuring, and underwriting prospective federal and state Historic and New Markets Tax Credit investments.

“Kathleen has been an invaluable part of NTCIC’s success for over 11 years and is highly respected within the tax credit industry,” said Kandi. “In that time, she has managed every aspect of the financing process, gaining a level of experience and insight few others can claim. I’m thrilled to work with her in this new capacity and help her continue her track record of achievements.”

Ms. Galvan has been an instrumental member of the NTCIC team since 2011, when she first joined as an Asset Manager. In this role, she represented multiple tax credit investors in a national portfolio of properties involving Federal Historic Tax Credits (HTC), New Markets Tax Credits (NMTC), and Solar Investment Tax Credits totaling $208 million in net equity and $642 million in total development costs.

She then transitioned to NTCIC’s Project Management team, successfully closing transactions totaling over $870 million in development costs. In this role, she secured over $140 million in Federal HTCs, $55 million in State HTCs, and $76 million in NMTC allocation for our investment partners.

“It has been an honor to close impactful transactions with talented, mission-driven partners throughout my career,” said Kathleen. “I’m looking forward to connecting with old and new colleagues to continue to source investment opportunities that enrich communities and save places that matter.”

Connect with Kathleen Galvan on LinkedIn

About NTCIC

NTCIC, an affiliate of the National Trust for Historic Preservation, invests nationally in the rehabilitation of historic places, community development revitalization projects, and renewable energy initiatives with capital raised through economic development tax credits.