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New Markets Tax Credit (NMTC)

Tax benefit from a national government, public money, in United States, nationwide.

$5 billion

in allocation authority for the CY2026 round (per public reporting; allocated to Community Development Entities, not paid directly to businesses)

Open now

Photo: Mikhail Nilov on Pexels

Type
Tax benefit
Who runs it
National government
Public money
Where
Nationwide
United States
Status
Open
Who it is for
Businesses in low-income areas
Stages
Not stated
Sectors
Community development
Checked on
15 August 2026

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