NJCC announced Oct. 9 the closing of a $10 million New Markets Tax Credit (NMTC) transaction with Lassonde Beverages U.S.

What's the New Markets Tax Credit? It's a general business credit run by the Community Development Financial Institutions Fund at Treasury that's targeted to financing operating businesses and not-for ...

A new summary report has been released by the CDFI related to the success of New Markets. After twenty-five years of law practice, working with clients to bridge financing by using the New Markets Tax ...

BARNWELL, S.C.--(BUSINESS WIRE)--National New Markets Fund, LLC (“NNMF”), an affiliate of Los Angeles-based SDS Capital Group, has invested $18 million of its New Markets Tax Credit (“NMTC”) ...

Source: Tax Foundation General Equilibrium Model. The low-income housing tax credit provides a credit for developers investing in designated affordable housing. It has two tracks: one is awarded ...

The New Markets Tax Credit program is helping food banks attract private capital to large projects that will boost food ...

UB Community Development (UBCD), a community development partner of United Bank is pleased to announce its role in financing $40 million in New Markets Tax Credits (NMTC) for the development and ...