Federal new markets tax credit funds

AMCREF has received eight allocations of New Markets Tax Credits (NMTC) from the US Treasury Department totaling $437.5 million to finance businesses located in Low-income communities (LICs) in the South. AMCREF targets startup, early-stage, and innovative businesses and projects that generate employment opportunities while providing environmental, economic and community benefits.

Amcref Federal NMTC Funds

NMTC Funds 2008-Present Katrina Recovery NMTC FUNDS
Status: Actively Investing Fully Invested
Size: $365.5 million $72 million
Geographic Focus: Southern U.S.; Emphasis on rural areas. Areas of AL, LA and MS impacted by Hurricane Katrina (the Gulf Opportunity Zone)
Mission/ Objective: Support businesses that create quality jobs and provide environmental benefits Support rebuilding and growth after Hurricane Katrina; Diversification into Green Businesses
Targeted Industries: - Green manufacturers
- Biomass-to-energy / biofuels
- Sustainable forestry
- Recycling
- Nonprofits with environmental benefits
- Businesses rebuilding smarter and more sustainably after Katrina
- Cleantech industries

State new markets tax credit funds

AMCREF has raised $55 million in state-targeted NMTC funds utilizing state NMTC programs and has expertise in combining state NMTCs with federal NMTCs. To date, we have financed businesses with state NMTCs in five states, including those highlighted below.

Amcref State Targeted NMTC Funds

Mississippi Florida Kentucky Alabama
Status: Fully Invested Fully Invested Actively investing Fully Invested
Size: $13.8 Million $11.2 million $9.3 million $27.4 million
Geographic Focus: Mississippi Florida Kentucky Alabama

Advisory Services

  • Renewable Energy Financing

    AMCREF assists renewable energy projects with sourcing, structuring and closing federal and regional renewable energy incentive financing programs such as the Federal Production Tax Credit (PTC), and Investment Tax Credit (ITC)3

  • General Advisory

    AMCREF can draw on its extensive experience gained from closing complicated tax credit transactions to assist companies and developers source, structure and close tax credit investments.

  • Conservation Easements

    AMCREF can assist landowners realize cash value from conservation easements, allowing owners to protect their property, even when they are unable to utilize the tax benefits themselves.