New Markets Tax Credits: Unlocking Investment Potential

    New Markets Tax Credits: Unlocking Investment Potential

    WASHINGTON, D.C. – September 4, 2013 – (RealEstateRama) — This Insights report describes the New Markets Tax Credit (NMTC) Program and the major considerations banks may need to address when using the tax credits to support community and economic development activities. The report examines the primary opportunities and risks associated with the use of NMTCs and discusses the methods used by national banks and federal savings associations (collectively, banks) to structure transactions and use the credits effectively. The report addresses banks’ participation in the NMTC Program as investors, as recipients of the tax credits (allocatees), and as leverage lenders

    Previous articleAttorney General Kilmartin Announces $120,000 Grant to Center for Southeast Asians for Housing Assistance and Counseling Services
    Next articleShortage of Lots Slows Housing Recovery