The New Markets Tax Credits (NMTC) were established to provide an incentive for investment in low-income communities. The program can support solutions to some of the toughest challenges these areas are facing.
By tapping into the NMTC incentive program as an economic development tool to improve areas such as employment, food accessibility and education, communities provide residents with greater access and equity. Since 2003, more than $50 billion in NMTC investments have been distributed, leveraging…
