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New Market Tax Credits (NMTC) White Paper

The federal New Markets Tax Credits (NMTC) program has been a boon to low income communities. It typically works as a “gap filler” in the capital stack for economic development and community development projects that locate or expand in the community. A December 2015 law extended the program for 5 years and authorized $3.5 billion worth of credits per year. Dan McRae’s White Paper provides a simple explanation of the complicated process for accessing and closing this financing.

Read/Download NMTC White Paper

Published January 9, 2017 By Dan McRae
Filed Under: White Papers

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