CBO Financial - What is the NMTC Program - New Markets Tax Credits Program
Автор: CBO FInancial - NMTC & Community Development
Загружено: 2022-04-12
Просмотров: 70
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Free Project Analysis: https://cbofinancial.com/free-project...
The NMTC Program Stimulates New Investments in Low-Income Communities
The New Markets Tax Credit (NMTC) program is a federal subsidy program designed to incentivize investments into low-income communities, providing approximately 25% of project cost in flexible, below market funding that is typically forgiven at the end of the 7-year compliance period.
Established in 1999, CBO Financial is a financial consulting firm that specializes in helping businesses secure funding for development projects in the nation’s most distressed communities. Our experts understand how to present economic, environmental, and societal benefits to public and private organizations so your project receives the funding it needs to move forward quickly and reasonably. A CBO Financial subsidiary, Community Development Funding, LLC, has received six awards under the federal New Markets Tax Credit program totaling $150M. In addition the team has taken a leadership role in securing 18 awards for clients totaling over $400M.
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