New Markets Tax Credits

The New Markets Tax Credit program can result in financing for development projects outside of conventional underwriting criteria, resulting in a funding gap. If your project qualifies, additional equity and/or financing could be brought about.

Benefits of the NMTC Program

• Flexible underwriting criteria.
• Generate additional equity for the project.
• Rehabilitation or new construction qualifies.
• Brownfield areas qualify.

NMTCs typically result in investments in the form of loans and equity investments to the project, although there are additional eligible types of Qualified Low-Income Community Investments (QLICIs).

Does your property qualify for money-saving tax credits?

Review this checklist and find out:

• Project must be in eligible low-income community. We can help with looking up your project's location.
• Gap in funding and NMTC needed to make project succeed.
• Financing stays in place for 7 years.
  

Our New Markets Tax Credit Services

• Evaluate New Markets Tax Credit benefits and project qualification.
  
• Prepare submittal document to CDE investors requesting proposals or terms sheets.
  
• Present your project to CDEs.
  
• Assist with selecting team of professionals for the NMTC transaction.
  
• Review project terms sheets and letters of intent.
  
• Advise and negotiate on behalf your behalf throughout the transaction.
  
• Give expert advice for twinned New Markets and Historic Tax Credits deals.
  

Don't miss any potential savings.
For more details on qualification, applicable tax rules and to initiate an application, contact us .