In place since 2000, it has become a boon to developers across the country.
As with all government programs, there is nothing "short and sweet" about the New Markets Tax Credit program. There are, however, some basic terms, guidelines, and considerations that can make it easier to get started with a local investment entity. This will help kick start real estate investments, business investments, and other key elements designed to revive America's most struggling communities, without the legal headaches and loopholes that could otherwise stop developers in their tracks.
Learning Objectives
- Review the administration and application process for new market tax credit.
- Learn investment terms to know and embrace.
- Recognize the impact of the new market tax credit program.
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