New Markets Tax Credits

We use this tax credit allocation to finance historic rehabilitation projects located in severely distressed low-income communities that provide significant community impact and are consistent with our preservation-based community development mission.

Allocatee since Round 1 of the NMTC Program

NTCIC is the proud winner in 11 rounds, the pioneer for “twinning” of HTCs with NMTCs.

$583MM in NMTC Allocation

NTCIC has invested in 76 projects and in a range of business types, including charter schools, health centers, job training centers and small business incubators. NTCIC has set aside a portion of our allocation for our Main Street Small Deal Fund to provide smaller investments (less than $2 million) in projects that qualify for HTC and NMTCs

Are you rehabilitating a building in a low-income census tract?