WEBINAR-New Markets Tax Credit
The New Markets Tax Credit (NMTC) program incentivizes private investment in low-income communities by permitting individual and corporate investors to receive a tax credit against their federal income tax return in exchange for making equity investments in specialized financial institutions called Community Development Entities (CDEs). The NMTC program has a proven track record in expanding access to healthy foods by encouraging private sector investment in underserved communities. This webinar serves as an introduction to a complex financing tool and explores some examples of how NMTCs are being used to finance a variety of projects designed to improve access to healthy foods.
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