New Markets Tax Credit

The New Markets Tax Credit (NMTC) encourages investment in low-income communities by providing a tax incentive for qualified investments. Investors, lenders and developers involved in NMTC transactions need lawyers skilled in tax law, partnership, lending, corporate and real estate law to maximize the benefits of NMTC transactions. Lawyers in our Syndication Group have developed extensive experience in structuring and closing NMTC transactions since the inception of the program.

Financing Tools

When it comes to NMTC transactions, you need attorneys who are comfortable working with a range of tools. The NMTC is often paired with the Historic Rehabilitation Tax Credit, or with funding from community development and redevelopment programs, Community Reinvestment Act lending or various state tax credit programs. You can be assured of our technical and practical know-how in each of these areas.

Collaborative Approach

Whether you are a developer, investor, syndicator or lender seeking counsel on a New Markets Tax Credit matter, you will benefit from a legal team that works collaboratively and takes a proactive approach. Holland & Knight’s tax attorneys and other lawyers often consult with clients and industry groups, as well as with the Treasury Department and the CDFI Fund, to resolve tax and structuring issues that have arisen as the NMTC program has evolved.

New Market Tax Credit Projects

You can count on our Syndication attorneys for advice on all types of NMTC projects, from shopping centers and retail office space to child-care centers, community facilities, charter schools and universities, hotels, port facilities, theatres and arts organizations, small businesses, and health care facilities.