Revitalization The New Markets Tax Credit Way

In a landscape of reduced local funding and persistent economic challenges, there can be a ray of hope for redevelopment professionals who understand how to access creative financing instruments. From Maine to Hawaii, investment capital is being infused into communities through the little-known New Markets Tax Credit Program (NMTC Program) to revitalize industrial parks, preserve sustainably harvested forests, and attract manufacturing back to rural America...

Read the full article in Public Management Magazine, the official publication of the ICMA: http://icma.org/en/Article/...