Infill Development
Title | Due Date | Maximum Award Amount | Description |
---|---|---|---|
New Markets Tax Credit Program | No Due Date Given | Varies | Created by the U.S. Federal Government in 2000 as part of the Community Renewal Tax Relief Act, the New Markets Tax Credit (NMTC) program encourages investment in low-income communities. Through the NMTC Program, real estate projects or businesses in a low-income community are able to generate capital by providing investors- typically a bank or financial institution- a tax credit as an additional incentive for capital investment. New Markets Tax Credit Program |