Taxadvantagegroup Hires Compliance and Asset Manager
January 7, 2014
GREENVILLE, SC – January 7, 2014 – taxadvantagegroup (tag), one of the country’s most successful consulting firms specializing in New Markets Tax Credits, has hired Scott Chaffee as compliance and asset manager. In this role Chaffee is responsible for overseeing the compliance and asset management activities of tag’s NMTC investments.
Prior to joining tag, Chaffee served as chief credit officer at Magnolia Financial in Spartanburg, S.C. Other experience in the financial services industry includes Vice President/Commercial Relationship Manager for SunTrust Bank and for CapitalBank in Greer; and Assistant VP/Branch Manager for Carolina First and Bank of America in Greenville. Chaffee also has extensive financial credit underwriting experience for employers such as Synnex Corporation, JTA Factors, Orders Distributing Co. and Dunlop Sports/Maxfli Golf.
“Scott has a tremendous propensity for understanding complex financial solutions and following through to ensure compliance is met throughout the life of a fund allocation,” said tag President Tammy Propst. “His addition allows us to continue to deliver outstanding results for a growing number of clients.”
Chaffee has a bachelor’s in Business Management with a major in Finance from Bob Jones University.
About taxadvantagegroup
Headquartered in Greenville, S.C., taxadvantagegroup (tag) is one of the country’s most successful consulting firms specializing in New Markets Tax Credits, helping nonprofit and for profit organizations access capital and transform communities. Since 2004, tag has played an instrumental role in funding over $759.2 million for community projects across the United States. The depth and breath of services provided by tag is unsurpassed in the industry and includes New Markets Tax Credit Allocation Applications; NMTC Deployment; CDE Compliance and Asset Management; and Outreach Strategy Development. Each of these services helps tag achieve its mission of revitalizing low-income communities by providing capital and project management to organizations that create significant community impact.
