State New Markets Tax Credits
Following the success of the Federal New Markets Tax Credit Program, many states have enacted their own similar versions of the Federal NMTC Program. These programs offer a state tax incentive to encourage private investment in low-income communities, and may be combined with the Federal NMTC Program in some instances.
Each State NMTC Program is locally governed with its own rules and investment priorities. Stonehenge Community Development has a deep knowledge of these programs and a strong track record of working successfully with their respective state agency partners.
Stonehenge Community Development manages funds in the following State New Markets Tax Credit Programs. We encourage you to contact us for more information if you have a project in these specific states.
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