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Navigating the New Markets Tax Credit for Community Revitalization: Nonprofits & Healthcare
August 20 @ 2:00 pm – 3:00 pm EDT
Join us as we explore how nonprofits and healthcare organizations can utilize the New Markets Tax Credit (NMTC) program to finance current and future capital investments in qualifying low-income communities.
The NMTC program has been available since 2001 and provides below-market, flexible financing to eligible projects, with forgivable principal features after the specified compliance period. Given the competitive nature of the program, projects applying for and receiving NMTC financing typically generate high community impacts, such as increased services to low-income individuals, quality job creation, and community involvement efforts. During this session, you’ll learn about project eligibility factors, project structuring considerations, and the application process for securing this lucrative cash benefit.
