New Markets Tax Credits as lynchpin to developing properties

Across New England community-minded developers are using the New Markets Tax Credit program to help finance projects that are revitalizing Main Streets and putting the region's residents to work. Hospitals, office buildings, manufacturing facilities, renewable energy plants, hotels, refurbished textile mills, performing arts centers, charter schools - a broad array of commercial and community projects -are eligible for the program, provided the project creates or preserves jobs in economically distressed communities...

Read full article at NEREJ: http://nerej.com/70291