The new markets tax credit (NMTC) is one of the most effective community development financing tools available. Learn how to get started using the NMTC in this week's episode of Tax Credit Tuesday, with Michael Novogradac, CPA, and Novogradac partner Rebecca Darling, CPA. They discuss the two central participants in NMTC financing: the qualified active low-income community business (QALICB) and the community development entity (CDE). Learn what kind of businesses qualify as a QALICB and what kind of investor/lender entities are good candidates to become CDEs.
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