New Markets Tax Credit-Eligible Area


The NMTC Program helps businesses with access to financing that is flexible and affordable.  Investment decisions are made at the community level, and typically 94 to 96 percent of NMTC investments into businesses involve more favorable terms and conditions than the market typically offers.

Terms can include lower interest rates and flexible provisions such as subordinated debt, lower origination fees, higher loan-to-values, lower debt coverage ratios, and longer maturities.  More information on the NMTC Program is available here: