Jim Miara prepared this paper for CEOs for Cities, which details the New Markets Tax Credit program, its history and success. The paper also highlights the financial structure of deals using NMTCs.

Tina Neal, Senior Vice President at Ferris, Baker Watts, Inc. presents a case study example of how New Markets Tax Credits were paired with tax-exempt bond financing for the construction of a hotel in Norfolk, Virginia.

Frank Altman, President & CEO of Community Reinvestment Fund, USA, discusses the New Markets Tax Credit Program. This presentation outlines how the NMTC program operates, explains the flow of funds, identifies typical projects and how NMTC can be...

Matt Josephs, Manager, New Markets Tax Credit Program for the CDFI Fund presents on the basics of the New Markets Tax Credit (NMTC) Program. His presentation provides and overview of the program, defines key terms and outlines the process to...

The CDFI Fund has compiled a glossary of terms to help Community Development Entities understand the terms commonly used during the CDE certification process.

Charlie Spies, Managing Director, Costal Enterprises, Inc. discusses the New Markets Tax Credit Program and CEI's approach to managing allocated financing. This presentation outlines several of the lending models used to finance NMTC deals.

This report (1) describes the status of the NMTC program, (2) profiles NMTC program participants, (3) assesses the credit’s effectiveness in attracting investment by participating investors, and (4) assesses IRS and the Community Development...

This GAO report (1) describes the status of the NMTC program, (2) profiles community development entities (CDE) that were selected to receive NMTC allocations in 2003, and (3) determines whether systems are in place or planned to ensure compliance...

The Federal Reserve Bank of San Francisco conducted an evaluation of the NMTC program focused on program deficiencies including several concerns raised by the Bank in 2003, concerning program implementation and effectiveness.

Corinne Ingrassia, of the National Trust Community Investment Corporation, talks about both Historical and New Market Tax Credit programs and how they can be combined together to receive a larger return on investment at the CDFA Annual Summit.

Robert Poznanski talks about the New Markets Tax Credits program and its role in economic development finance at the CDFA Annual Summit. He further provides case studies to illustrate his presentation.

Joe Wesolowski presents about the New Market Tax Credits program and how it is helping to transform American cities at the CDFA Annual Summit.

Mary Tingerthal presented at the CDFA Annual Summit about the New Market Tax Credit (NMTC) program and how it is making a difference.

Cities across the country are implementing tax credit programs which impact local economic development and make a real difference. The City of Baltimore has put various credits to the test on a daily basis to create growth and opportunity and to...

The New Markets Tax Credit (NMTC) was created to address the lack of capital available to business and economic development ventures in low-income communities. The NMTC provides the incentive of a federal tax credit to individuals or corporations...

Report from the U.S. Department of Treasury CDFI Fund highlighting the 2004 impact of the New Markets Tax Credit program.

Presentation by Robert W. Davenport, President of the National Development Council at the New Cities Project meeting. Addresses different federal financing sources from new markets tax credits to HUD Section 108 loan guarantees.

This fact sheet, provided by the New Markets Tax Credit Coalition, provides a basic overview of the federal New Markets Tax Credit Program.

Tax Incentives for Distress Communities. Published by the Internal Revenue Service (IRS) in January 2004.

This site provides resources and news about New Markets Tax Credits.

Through monetary awards and the allocation of tax credits, the CDFI Fund helps promote access to capital and local economic growth in urban and rural low-income communities across the nation.

Harriet M. Welch, Esq. with Squire, Sanders & Dempsey LLP presents case study examples of how communities are putting NMTC to the test in turning allocations into projects as featured during the 2005 CDFA Annual Conference.

The New Markets Tax Credit (NMTC) Program permits taxpayers to receive a credit against Federal income taxes for making qualified equity investments in designated Community Development Entities (CDEs). Substantially all of the qualified equity...