JES Holdings is excited to welcome Cyle Reissig to the Affordable Equity Partners team. Cyle Reissig will fill a new role, as Director of New Market Tax Credits (NMTC) and we are eager to support his fresh perspective and expertise in this industry.
As Director of New Market Tax Credits, Cyle Reissig is responsible for managing Affordable Equity Partners, Inc. (AEP) New Markets Tax Credit program. This includes leading the NMTC application process, facilitating the identification and closing of eligible investments, and overseeing a NMTC asset management group, compliance and reporting responsibilities. Cyle works closely with other members of AEP’s development and acquisitions team to build and strengthen relationships with current and potential lenders, equity partners and developers.
Prior to joining AEP, Mr. Reissig focused on structuring and closing NMTC transactions as well as Community Development Entity outreach with Advantage Capital Partners. In addition to NMTCs, he has experience working with Low-Income Housing Tax Credits and Historic Tax Credits. During his eight-and-a-half-year tenure at Novogradac & Company LLP, he provided services including audit and taxation, compliance, final cost certification, structuring, forecasting and compiling applications. He also worked closely with the Novogradac NMTC Working Group, a membership organization that is highly regarded for its effort in addressing technical programmatic issues surrounding the NMTC industry. He was a frequent speaker at industry events.
Mr. Reissig received a bachelor’s degree in business administration with an emphasis in finance from Georgia State University and is licensed in Georgia as a certified public accountant.