Skip to main content

Stimulating growth in low-income communities and closing financial gaps

 

The New Markets Tax Credit Program is a federal financial program that attracts private capital into low-income communities by allowing investors to receive a tax credit against their federal income in exchange for making equity investments in Community Development Entities (CDEs). The goal of the program is to stimulate growth in low-income communities by creating new business opportunities, jobs and access to healthcare and groceries.

Project types

 

  • Manufacturing/industrial - acquisition, new construction, equipment purchase and installation
  • Community facilities - construction
  • Office real estate - rehabilitation, acquisition
  • Mixed-use real estate - rehabilitation, construction

NMTC financing opportunities

 

  • For projects requiring $5 million or less, Southern Community Capital offers a loan pool product that has flexible financing options
  • For projects requiring more than $5 million, Southern Community Capital offers an equity equivalent flexible loan product

 

Does my project location qualify?

 

 

Ready to get started?