Journal Article

The new markets tax credit program: a midcourse assessment


Abstract: Two leading scholars of community development analyze the New Markets Tax Credit (NMTC) program?s origins in the economic boom of the 1990s and its implementation in a much different economic and political environment after 2000. The authors examine the program?s successes and failures and discuss prospects for improvement.

Keywords: Tax credits; Community development corporations; Economic development;

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Bibliographic Information

Provider: Federal Reserve Bank of San Francisco

Part of Series: Community Development Innovation Review

Publication Date: 2005

Issue: 1

Pages: 1-11