The New Markets Tax Credit Program was enacted by Congress in 2000 to encourage economic development in low-income communities using capital from investors, who not only benefit from the tax credits but also on the potentially high rates of return on their investments. Herrick helps financial institution clients navigate the complex business and documentation structures involved in NMTC transactions. We are one of the few law firms with direct experience in doing so.
 |
 |
 |
 |
Copyright 2013, Herrick, Feinstein LLP. All Rights Reserved. An ICVM Group Site