Project Feasibility
Determine whether a project is a credible NMTC candidate before time, money, and political capital are spent chasing the wrong structure.
New Markets Tax Credit Advisory for Developers, CDEs, Lenders & Public Partners
Turn eligible projects into financeable transactions.
NMTC Finance helps project sponsors, developers, nonprofits, CDEs, lenders, investors, and public-sector partners structure community development transactions that can attract capital, close efficiently, and endure the compliance period.
Transaction Readiness
Can this project close?
Geographic Eligibility01
Financing Gap02
Community Impact03
Sponsor Capacity04
Capital Structure05
Path to Closing06
Eligibility opens the door. Execution gets the transaction closed.
Institutional Advisory
Structured around transaction execution, underwriting discipline, and long-term compliance planning.
Full Lifecycle
Feasibility, structuring, CDE engagement, closing support, and compliance planning.
Capital Stack
Debt, tax credit equity, public incentives, grants, and sponsor capital coordination.
Impact Focused
Projects designed to serve low-income communities and create durable local value.
What Is the NMTC Program?
A federal program designed to attract private capital into underserved communities.
The New Markets Tax Credit (NMTC) Program is a federal initiative administered by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). The program encourages private investment into economically distressed communities through tax incentives provided to investors that deliver capital to certified Community Development Entities (CDEs).
CDEs, in turn, make investments in Qualified Active Low-Income Community Businesses (QALICBs) — projects and operating businesses that create jobs, expand access to services, strengthen local economies, and support long-term community revitalization.
Federally qualified health centers
Charter schools and education facilities
Food access and grocery developments
Nonprofit and community-service organizations
Manufacturing and workforce training hubs
Operating businesses and catalytic redevelopment
$80B+
Capital deployed into underserved communities
Since its creation in 2000, the NMTC Program has supported more than 7,500 projects across the United States.
The NMTC Program is more than a financing tool — it is a platform for transformational community development built around local impact, long-term investment, and economic revitalization.
What We Do
Make the transaction legible, financeable, and durable.
NMTC transactions succeed when the project, sponsor, capital stack, impact narrative, CDE priorities, lender underwriting, investor requirements, and compliance obligations are aligned before closing pressure takes over.
Capital Stack Strategy
Organize senior debt, leverage debt, tax credit equity, grants, public incentives, sponsor equity, and subordinate capital into a financeable structure.
CDE Engagement
Translate the project into the language CDEs, investors, lenders, and public-sector partners need to evaluate allocation fit and execution risk.
Compliance Architecture
Design documentation, reporting, and asset-management systems around the reality that a successful NMTC transaction must survive the full compliance period.
For Developers
The question is not just eligibility. The question is execution.
For many developers, NMTCs can be the difference between a project that almost works and a capital stack that can close. NMTC Finance helps developers determine whether tax credit financing is realistic, what gap it can solve, and what must be true before approaching CDEs and investors.
Evaluate a ProjectAdaptive reuse and redevelopment
Community-serving real estate
Industrial and manufacturing facilities
Healthcare, education, and childcare
Rural economic development
Public-private site strategies
Capital Stack Strategy
Layer the capital. Control the risk. Tell the story.
Layer 1Senior Debt
Layer 2Leverage Loan
Layer 3Tax Credit Equity
Layer 4Public Incentives
Layer 5Sponsor / Philanthropic Capital
NMTC Finance helps clients understand how each layer of capital should function, where the transaction is vulnerable, and how the project should be positioned for CDE, lender, investor, and public-sector review.
Who We Serve
Built for the people who have to get difficult projects closed.
✓Real Estate Developers
✓Community Facilities
✓Industrial & Manufacturing Projects
✓Nonprofits & Mission-Driven Sponsors
✓Economic Development Authorities
✓CDEs, Lenders & Investors
Project Types
Focused on projects with capital complexity and measurable impact.
✓Healthcare, education, childcare, and workforce facilities
✓Industrial reuse, manufacturing, and rural job-creation projects
✓Mixed-use redevelopment and catalytic neighborhood investment
✓Food access, grocery, and essential community services
✓Public-private partnerships and economic development initiatives
Representative Experience
Practical judgment for capital-intensive projects.
NMTC Finance brings lender-side, underwriting, structuring, compliance, and transaction-execution experience to community development projects where both impact and execution matter.
Complex capital stacks involving tax credit equity, leverage debt, public incentives, and sponsor capital.
Community facility projects serving low-income communities.
Rural economic development and industrial repositioning initiatives.
Transactions requiring coordination among developers, CDEs, lenders, investors, nonprofits, and public-sector partners.
Why NMTC Finance
The transaction has to make sense to everyone at the table.
Underwrite the Reality
A compelling project still needs credible assumptions, real sources, a defensible budget, and a path to closing.
Align the Participants
Developers, CDEs, lenders, investors, public partners, and community stakeholders must be moving toward the same transaction outcome.
Build for the Compliance Period
The best transactions are structured not just for closing day, but for the operational and reporting obligations that follow.
Start Here
Have a project that might need NMTCs?
Contact NMTC Finance to discuss project feasibility, capital structuring, CDE engagement, public-private strategy, and compliance planning.