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New Market Tax Credit Program

 

The New Market Tax Credit (NMTC) Program provides investors with a 39 percent federal tax credit over a 7 year period for making qualified equity investments in designated Community Development Entities (CDEs).

A CDE is an organization whose primary mission is serving or providing investment capital to benefit low-income persons or low-income communities.

The following organizations were awarded NMTC allocations in the last round of funding. Please contact them directly to inquire about their NMTC programs:
 


First-Ring Industrial Redevelopment Enterprise, Inc.
  Contact Person: John F. Stibal
    414.302.8462
    jstibal@ci.west-allis.wi.us

 

Waveland Community Development, LLC
  Contact Person: Rick Hayes
    414.298.4560
    rhayes@wavelandventures.com

 

Wisconsin Brownfield and Economic Development Fund, LLC
  Contact Person: Robert H. Laux
    608.278.2808
    rlaux@parkbank.com

 

Wisconsin Community Development Legacy Fund, Inc.
  Contact Person: Hector Colon
    608.266.2027
    hector.colon@wheda.com


 
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