Matthew McGinnis, CPA
Matt is a leader of AAFCPAs’ Community & Economic Development Practice, with extensive experience providing assurance, tax, and operational consulting solutions to community development corporations (CDCs), affordable housing and mixed-use real estate developers, and their lending institutions, including: community development finance institutions (CDFIs), and other specialized lending organizations. Matt advises clients on tax credit-based financing used widely in the community development industry, including: New Markets tax credits (NMTCs), Low-Income Housing tax credits (LIHTCs), federal and state Historic Rehabilitation tax credits (HTCs), Renewable Energy tax credits, and projects that combine tax credits with various levels of debt and rental assistance subsidies. He provides guidance throughout a project’s life cycle from deal structuring, to tax credit compliance, and assisting with investor exits. His unique perspective helps clients to fully understand the intricacies and economics of both sides of a financing deal.
Matt is also a leader in AAFCPAs Charter School Practice, providing proven solutions for charter schools and Charter Management Organizations (CMOs). He is intimately familiar with best practices in how charter schools and CMOs operate at every stage of development, whether in start-up, growth, or replication. He advises clients on real estate activity, audit readiness, implementation of regulatory changes, and performance enhancement opportunities, including: business process improvement, fraud prevention, expansion feasibility, and cash flow analysis. He advises Charter School clients on specialized tax-exempt bond financing and various other tax credit driven programs, such as: Qualified Zone Academy Bonds (QZABs), Qualified School Construction Bonds (QSCBs), and other financing programs to assist with campus expansion.
Whether leading local, regional, or national assurance engagements, Matt provides meaningful financial management advice and best practice recommendations which reduce risks associated with complex state and federal government requirements and ensure internal controls are effective.
Education
- Northeastern University – Master of Science, Accounting
- Assumption College – Bachelor of Science, Accounting
Service
- Teaching and Learning Alliance, Inc., Board Member