- Who We Are
- What We Do
- Our Impact
- Opportunity Zones
In the competitive market for new markets tax credit (NMTC) allocation authority, loan funds may provide an edge. By reducing transaction costs, loan funds facilitate qualified low-income community investments (QLICIs) of $2 million or less (small-dollar QLICIs), investments in small businesses and flexible terms. Loan funds are also used with larger QLICIs to reduce transaction ...
LISC New Markets, through its Healthy Futures Fund, utilized a combination of Low Income Housing Tax Credits, New Markets Tax Credits and other innovative financing tools to finance the Conway Center—the first development in the District of Columbia to combine affordable housing, job training and healthcare under one roof.
"The NMTC program was designed to go into small communities. The majority of business growth is in small businesses, not in large real estate."