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News New Markets Tax Credit NTCIC

Since the widespread onset of COVID, asset management teams like those at National Trust Community Investment Corporation (NTCIC), a tax credit syndicator and community development entity (CDE), have been supporting projects and investors facing myriad challenges.

News New Markets Tax Credit NTCIC

The New Markets Tax Credit (NMTC) program is a large, long-standing, place-based program that provides federal tax credits to attract private investment into low-income communities.

News Historic Tax CreditNew Markets Tax Credit NTCIC

WASHINGTON, D.C., April 1, 2021 – The National Trust Community Investment Corporation (NTCIC) announces its 200th tax credit investment to support the restoration of the Huntington Theatre in Boston, Massachusetts.

News Historic Tax CreditNew Markets Tax Credit NTCIC

WASHINGTON, D.C., March 15, 2021 – The National Trust Community Investment Corporation (NTCIC) announces the successful financial closing for the first phase of the redevelopment of the historic General Electric (GE) factory complex in Fort Wayne, Indiana.

News New Markets Tax Credit NTCIC

On February 25th, Reps. Terri Sewell (D-AL) and Tom Reed (R-NY), as well as Sens. Ben Cardin (D-MD) and Roy Blunt (R-MO) introduced the New Markets Tax Credit (NMTC) Extension Act of 2021 (H.R. 1321/S. 456).

News Historic Tax CreditNew Markets Tax Credit NTCIC

WASHINGTON, D.C., February 20, 2020 – The National Trust Community Investment Corporation (NTCIC) announces the successful financial closing for the development of the historic American Snuff Factory warehouse in Memphis, Tennessee. The $58.

News Irvin Henderson Main Street Revitalization FundHistoric Tax CreditNew Markets Tax Credit NTCIC

NTCIC’s immediate past Chairman, Irvin Henderson, recently sat down with Novogradac & Company to discuss how the collaborative efforts of preservationists, advocacy networks, and financial institutions are saving treasured cultural spaces and how tax credit investments are helping to creat…

News New Markets Tax CreditIndustry/Other NTCIC

Recently, the Novogradac Journal of Tax Credits presented the winners of the 2020 Community Development QLICI of the Year awards, which included the NTCIC supported 683 Northland development in Buffalo, New York.

News New Markets Tax Credit NTCIC

SAN FRANCISCO—National Trust Community Investment Corporation (NTCIC) is proud to announce that it has been awarded a Novogradac Journal of Tax Credits 2020 QLICIs of the Year Award for its investment in 683 Northland in Buffalo, N.Y., using new markets tax credits (NMTC).

News New Markets Tax Credit NTCIC

July 15, 2020 The National Trust Community Investment Corporation (NTCIC) is pleased to announce that we have been awarded $50 million in New Markets Tax Credit (NMTC) allocation authority by the CDFI Fund of the U.S. Treasury Department.