New Market Tax Credits (NMTCs)

The New Market Tax Credit (“NMTC”) program began in 2000, providing tax credit incentives to investors in an attempt to help revitalize disadvantaged and impoverished areas nationally. NMTCs can be used to finance a wide range of projects through Community Development Entities. The attorneys at Howell Linkous & Nettles are able to advise clients in the Community Development Entity certification, application, and execution of NMTCs. We can assist in all phases of a NMTC transaction: securing tax credits, funding, and eventual compliance reporting.