Look at every opportunity to finance projects by evaluating their eligibility for tax credit financing through the NMTC program, which is designed to support investment in low-income communities.
The NMTC program provides tax credits for investment into operating businesses and development projects located in qualifying "distressed" communities by certified Community Development Entities (CDEs). Projects closed on or after Nov. 1, 2018, must use 2011-2015 ACS low-income community eligibility data applied to the 2010 census tracts for determining eligibility. Use the interactive tax credit mapping tool to help determine if a project may qualify within eligible census tracts.
Disclaimer: The data presented in this map are provided as a reference and the validity cannot be guaranteed. The CDFI Fund is the authority of this data figure and for NMTC eligibility.