Deadline for Application for New Markets Tax Credit ~ Online


, NM

The New Mexico Finance Authority Board approved another application cycle of New Markets Tax Credit.  This competitive cycle will make available $45 million of allocation for projects to apply for by September 25th.

Business people who want to develop property in economically depressed New Mexico communities â€" or who want to purchase expensive commercial equipment for use in those communities â€" often lack the funding they need for such ambitious and capital-intensive ventures.

That’s why the New Mexico Finance Authority created a community development entity, or CDE, in 2006 to raise capital and fill funding gaps for large projects expected to benefit low-income areas.

For more information, click here. 

08.25.17 se

Monday, 25 September, 2017


John Brooks

Phone: 505-992-9638
Website: Click to Visit