|About the Federal NMTC Program||About the State NMTC Program|
|The Federal New Markets Tax Credit program allows certain taxpayers to receive a 39% credit against federal income tax liability.||The State New Markets Tax Credit program allows eligible companies to receive financing at below-market rates.|
Recent New Markets Tax Credit News
E-Waste Mining Center Digs Up NMTCs A new electronic waste recycling center under construction in Osceola, Ark., has project partners calling it “the place where the Silicon Valley meets the Mississippi Delta.” National New Markets Fund contributed $15 million in NMTC allocation and Heartland Renaissance Fund provided an additional $15 million of its own allocation.
The Mann on Main Opening Ceremony Doyle Rogers Co. and Moses Tucker Real Estate on Thursday marked the grand opening of its Mann on Main mixed-use building, the fully restored and redeveloped former Blass Department Store at Main and 4th streets in downtown Little Rock.
Heartland Renaissance Fund Names Becka Webb Vice President Heartland Renaissance Fund is pleased to name Becka Webb as vice president. Webb will focus on implementing state and federal New Markets Tax Credit (NMTC) allocations through Heartland.
SGL Group Invests Through Use of New Markets Tax Credit Program Heartland Renaissance Fund is set to provide $10 million in New Markets Tax Credits to SGL Group’s Ozark, Ark. manufacturing facility to replace the current operations with a new state-of-the-art graphitization process for the manufacture of graphite electrodes.