{"id":138502171,"date":"2013-06-27T00:00:00","date_gmt":"2013-06-27T04:00:00","guid":{"rendered":"https:\/\/acccapital.com\/does-your-project-qualify-for-nmtc-funding\/"},"modified":"2026-04-02T13:07:10","modified_gmt":"2026-04-02T17:07:10","slug":"does-your-project-qualify-for-nmtc-funding","status":"publish","type":"post","link":"https:\/\/acccapital.com\/hi\/does-your-project-qualify-for-nmtc-funding\/","title":{"rendered":"Does your project qualify for NMTC funding?"},"content":{"rendered":"<p>One of the first questions we often hear from prospective borrowers is <em>\u201cCan I use New Markets Tax Credits for my project?\u201d \u00a0<\/em>The NMTC program is a very powerful incentive to attract private capital for the right projects. To understand if the NMTC incentive is a good fit for your project one of the first questions you should ask is:  <!--more-->  <strong>\u201cWhere is my project going to be located?\u201d<\/strong>  The NMTC incentive can be used in areas designated by the federal government as qualified census tracts.\u00a0 To determine if your site may qualify for this incentive you can use an online mapping tool such as one provided by Novogradac &amp; Company which is located at \u2013\u00a0<a href=\"http:\/\/www.novoco.com\/new_markets\/resources\/ct\/\" target=\"_blank\" rel=\"noopener\">http:\/\/www.novoco.com\/new_markets\/resources\/ct\/<\/a>  If you go to that website you can enter the projects address into the box immediately to the left of the search button.\u00a0 You will then click the search button and a map will be displayed which pinpoints your projects address.\u00a0 If you see the address is located within an area shaded in either red or yellow then the site maybe qualified for NMTC financing.\u00a0 If your proposed location is within an area that is not shaded in either of the above colors your location is most likely not within an area designated as qualified census tract.  For a general overview of qualified census tracts within Arkansas please click\u00a0<a href=\"\/wp-content\/uploads\/2013\/02\/heartland-qualifying-census-tracts.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>One of the first questions we often hear from prospective borrowers is \u201cCan I use New Markets Tax Credits for my project?\u201d \u00a0The NMTC program is a very powerful incentive to attract private capital for the right projects. To understand if the NMTC incentive is a good fit for your project one of the first [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[112],"tags":[],"class_list":["post-138502171","post","type-post","status-publish","format-standard","category-new-markets-tax-credit-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Does your project qualify for NMTC funding? | ACC Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/acccapital.com\/hi\/does-your-project-qualify-for-nmtc-funding\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Does your project qualify for NMTC funding? | ACC Capital\" \/>\n<meta property=\"og:description\" content=\"One of the first questions we often hear from prospective borrowers is \u201cCan I use New Markets Tax Credits for my project?\u201d \u00a0The NMTC program is a very powerful incentive to attract private capital for the right projects. 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