The New Markets Tax Credit Program (NMTC) is a federal initiative that breathes life into low-income communities across the US. Created in 2000 and with over $66B USD deployed and thousands of businesses benefiting, NMTCs incentivize investors with tax breaks for putting money into investments directly in businesses and real estate projects, fostering job creation and economic growth. This program offers a win-win: investors get tax benefits and distressed communities get the resources they need to thrive.
Forked Pine Consulting has been involved with the program since some of the very first NMTC transactions and has a proven track record of success navigating the challenges and benefits of it. NMTCs, especially when combined with other incentives, financing, and capital is just one of the ways in which our experienced team can bring your project to fruition.
By helping you breathe financial life into new and growing areas, legacies get built, communities prosper and the people in them thrive.