This guide, intended to introduce practitioners to the new markets tax credit, is divided into distinct sections, starting with a general overview of the credit

The New Markets Tax Credit (NMTC) Program, enacted by Congress as part of the Community Renewal Tax Relief Act of 2000, is incorporated as section 45D of the In

The Community Development Financial Institutions (CDFI) Fund awarded $26 billion in New Markets Tax Credits (NMTC) through 2009 for invest. in low-income commun

Describes the federal New Markets Tax Credit (NMTC) Program and determine how the state could participate in it.

"The Treasury Department's Community Development Financial Institutions (CDFI) Fund awarded $26 billion in New Markets Tax Credits (NMTC) through 2009 for inves