April 12, 2018 | The NonProfit Times

NPOs Tapping into New Markets Tax Credits

1 min

"NPOs Tapping into New Markets Tax Credits" by Walter Calvert, Michael Schiffer, Gueter Aurelien, and Tammara Langlieb was published in The NonProfit Times on April 12, 2018. Here is an excerpt:

The New Markets Tax Credit (NMTC) Program is an effective way for nonprofit organizations and businesses located in low-income, distressed or rural communities to secure favorable financing for projects such as charter schools, health clinics and charitable operations. The NMTC Program is a federal subsidy program designed to stimulate private investment in low-income communities by providing private investors with federal tax credits.