New Markets Tax Credit
Ryan’s Credits and Incentives team adds value to your business’s capital investment project by decreasing cost of capital through New Markets Tax Credit (NMTC)-based financing. The NMTC program is intended to promote private sector equity investment in traditionally low-income communities (LICs) for the purpose of economic and community development.
The NMTC is a tax credit that is monetized and then utilized in the form of a significantly below-market rate interest-only loan. When structured properly, NMTC transactions can provide substantial cash flow at the project’s inception, thus decreasing a company’s cost of capital and increasing the rate of return.
Priority States and Territories
All U.S. states and territories qualify for NMTC benefits. However, the following areas have been identified as underserved and receive higher priority for funding.