by Allison Kelly | Mar 1, 2012 | New Markets Tax Credits
NDC has been using New Markets Tax Credits (NMTC) to support economic and community development for five years. We not only provide tax credit equity to our client communities’ projects, but we also help communities structure their NMTC deals, find the necessary...
by Allison Kelly | Feb 27, 2012 | New Markets Tax Credits
NDC received a $90,000,000 New Markets Tax Credit (NMTC) allocation, announced on Thursday, February 23, 2012 by the U.S. Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund). The allocation is part of the CDFI Fund’s $3.6 billion...
by Allison Kelly | Feb 27, 2012 | New Markets Tax Credits
NDC is proud to congratulate 5716 Michigan Avenue on the receipt of the Build Michigan Award. The project used NDC New Markets Allocation to complete the renovation of a 50,000 square foot building in the city’s struggling Michigan Avenue Corridor. Read more...
by Allison Kelly | Feb 22, 2012 | New Markets Tax Credits
Photographer Doug Scott put together a lovely video of a New Markets Tax Credit project in Washington State. To view the video: http://vimeo.com/36996512/ More about Island Hospital’s Medical Arts Pavilion The new 2-story, 26,000 square foot Medical Arts Pavilion,...
by Allison Kelly | Feb 17, 2012 | New Markets Tax Credits
The City of San Jose’s Environmental Innovation Center, the city’s first NMTC Project is featured in this month’s edition of Novogradac Journal of Tax Credits. By Jennifer Dockery, Assignment Editor, Novogradac & Company LLP “Late last year, the city of San Jose,...
by Allison Kelly | Feb 17, 2012 | New Markets Tax Credits, Small Business Lending
NDC is proud to highlight the achievements of Philip Kuchma and his work in Bridgeport, CT. Kuchma is leading a revitalization effort that is transforming a key area of downtown. Included in this effort is Bijou Square, a project financed with NDC’s New Markets...
