G2TT
来源类型Research Report
规范类型报告
New Markets Tax Credit (NMTC) Program Evaluation
其他题名Final Report
Martin D. Abravanel; Nancy M. Pindus; Brett Theodos; Kassie Dumlao Bertumen; Rachel Brash; Zachary J. McDade
发表日期2013-11-20
出版年2013
语种英语
概述The New Markets Tax Credit (NMTC) program encourages investment in low-income areas by providing tax credits to private investors through certified Community Development Entities (CDEs) that invest in businesses and real estate projects for economic and community development purposes.This first formal evaluation of the NMTC program is national and program-wide in scope. Information collection was limited to
摘要

The New Markets Tax Credit (NMTC) program encourages investment in low-income areas by providing tax credits to private investors through certified Community Development Entities (CDEs) that invest in businesses and real estate projects for economic and community development purposes.

This first formal evaluation of the NMTC program is national and program-wide in scope. Information collection was limited to projects initiated as of December 2007. In its early years, the NMTC program operated as intended-encouraging investments in low-income areas for a diverse range of projects. The most prevalent results were provision of advantageous financing, real estate development, additions to local tax bases, and job creation or retention. NMTC projects also added to or expanded community amenities, services, and facilities and supported small businesses and organizations. Outputs and outcomes varied by project, as did the need for a public subsidy and project viability.

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主题Neighborhoods, Cities, and Metros
URLhttps://www.urban.org/research/publication/new-markets-tax-credit-nmtc-program-evaluation
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/478272
推荐引用方式
GB/T 7714
Martin D. Abravanel,Nancy M. Pindus,Brett Theodos,et al. New Markets Tax Credit (NMTC) Program Evaluation. 2013.
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