New Markets Tax Credits
If you're seeking financing for a project that generates economic growth or expands services available in a low-income community, New Markets Tax Credits (NMTCs) might be the answer. A leader in the tax credit syndication industry, we’ve helped clients close over 100 NMTC transactions in 19 states, generating over $1.3 billion in federal and state NMTC allocations to finance more than $1.8 billion of development.
You can depend on us to offer guidance and assistance through the life cycle of your project. Our key services include project feasibility, dynamic financial projection models, transaction structuring, and tax planning to ensure the maximum value of tax incentives. We offer you help with obtaining NMTC allocation from community development entities, tax credit investor identification, application assistance, and ongoing audit and tax compliance. Want to see if your project is eligible for NMTCs? Click here to access the CDFI Fund’s online mapping tool.
Areas of Focus
Our clients say
Plante Moran's experts designed a unique plan to utilize New Market Tax Credits for program expansion at Ivy Tech. Then they helped us convince our many partners of the plan’s credibility with their clear and concise explanations. If and when we seek additional tax credit financing, we’ll definitely call on Plante Moran to assist.
You'll work with the professionals of our Housing and Community Development Solutions Group on your New Markets Tax Credit (NMTC) projects. Our specialists have deep experience working with project sponsors, tax credit investors, and community development entities on projects financed with NMTCs. These projects range from commercial and mixed-used developments, to theaters and museums, colleges, universities, and charter schools, operating businesses, hotels, and community facilities.
Members of our handpicked team are nationally recognized NMTC industry leaders. We approach each project with a highly-tailored process based on a strong understanding of your unique business, strategies, and risks. You can expect proactive communication, careful up-front planning, technical expertise, and significant senior-level involvement to help you move your project forward and meet your goals.