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Tax CreditUnited StatesActiveVerified

Treasury New Markets Tax Credit Program

U.S. Department of the Treasury — CDFI Fund (CDFI Fund)NMTC
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

United States

About This Program

Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).

Key Requirements & Eligibility

  • 1Investment must be made through a Treasury-certified Community Development Entity (CDE)
  • 2Proceeds must be deployed into qualifying businesses or real estate in low-income census tracts
  • 3Credit: 5% per year for first 3 years, 6% per year for next 4 years = 39% total
  • 4Qualifying businesses: operating in low-income communities, not in excluded industries
  • 5CDEs apply for allocation authority through CDFI Fund competitive round

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Financial ServicesReal EstateManufacturingHealthcareGovernment & Nonprofit
Official Source