Nov 19, 2024 · The New Markets Tax Credit Program (NMTC Program) aims to break this cycle of disinvestment by attracting the private investment necessary to reinvigorate struggling local …

This Code section permits individual and corporate taxpayers to receive a credit against federal income taxes for making Qualified Equity Investments (QEIs) in qualified community …

Feb 27, 2025 · The NMTC Program is a project financing tool that incentivizes community development by using tax credits to attract private investment into distressed communities.

Investors receive a tax credit against their federal income tax. The New Markets Tax Credit (NMTC) was established in 2000. Congress authorizes the amount of credit, which the …

What are New Market Tax Credits? New Markets Tax Credit Provided under Section 45D of the Internal Revenue Code Designed to incentivize investment in businesses within communities …

For every $1 of Qualified Equity Investment (QEI) the sub CDE receives from the investor, the Sub CDE transfers $1 of tax credits to the investor. If this happened all at once at the time of …

The New Markets Tax Credit is a shallow “place-based,” gap financing tool designed to revitalize low-income communities. NMTC delivers capital to narrowly defined geographic locations: …

Apr 9, 2015 · The flow chart below illustrates the basic uses of funds during a New Markets Tax Credits (NMTC project). For a more thorough explanation of the terms used in this description …

Qualified Equity Investment (QEI): Any cash investment in a for-profit CDE that triggers the flow of New Markets Tax Credits benefits to the investor. The QEI must remain invested in the CDE …

Apr 9, 2015 · This blog post is a follow up to the Primer on New Markets Tax Credits. This is the second in a series of posts that seek to provide detailed information on the NMTC program …