The New Markets Tax Credit is one of the largest economic development incentives ever enacted.  In summary, investors in Community Development Entities (CDEs) receive a federal income tax credit equal to 39% of their investment over a seven-year period.  As exciting as this incentive program seems, there are a number of limitations.  Investors usually want their funds back after the end of the tax credit period, and CDEs are typically in a quandary as to how they can  effectively finance underserved businesses while at the same time guaranteeing investors a good rate of return and liquidity without bankrupting the portfolio companies.

We assembled the best economic development and investment banking talent to address this problem, and we have the answers.  To date, the principals have held clients secure over $275 million in NMTC allocations, and w e have also assisted CDEs in securing $230 million of allocations.