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Unlocking the New Markets Tax Credit: Manufacturing Industry
July 30 @ 2:00 pm – 3:00 pm EDT
Join us as we explore how manufacturing companies 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 quality job creation, employee training programs, and community involvement efforts. During this session, you’ll learn about project eligibility factors and the application process for securing this lucrative cash benefit.