FEDERAL NEW MARKETS TAX CREDIT FUNDS
Certified as a Community Development Entity by the US Treasury Department, AMCREF has received nine allocations of federal New Markets Tax Credits (NMTC) totaling more than $500 million. These funds are used to finance operating businesses located in Low-Income Communities (LICs). AMCREF targets startup, early-stage, and innovative businesses and projects that generate employment opportunities while providing environmental, economic and community benefits.
AMCREF targets the following industries:
AMCREF focuses its federal NMTC funds on the Southern U.S. in general and rural communities in particular.
STATE NEW MARKETS TAX CREDIT FUNDS
AMCREF has been awarded over $90 million in state-targeted NMTCs and has particular expertise combining state NMTCs with federal NMTCs. We have worked in Alabama, Florida, Kentucky, Mississippi, Nebraska and Nevada.