Journal Article

New Markets Tax Credits: The Next Tool for Community Development Financing


Abstract: The New Markets Tax Credit (NMTC) has the potential to transform the financing of economic development in low-income communities much as the Low Income Housing Tax Credit (LIHTC) has done for affordable rental housing development.

Keywords: Tax credits; community development;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: e-Perspectives

Publication Date: 2001

Volume: 1

Issue: 2

Order Number: 1