The New Markets Tax Credit Coalition today released its 2023 New Markets Tax Credit (NMTC) Progress Report, the 19th edition of the report—providing analysis of NMTC activities in 2022.
A groundbreaking development to drive cultural and economic expansion in Los Angeles, a thriving operating business in Indian Country, a bakery in Atlanta that will hire almost exclusively low-income residents and a much-needed facility for an automotive technology program are winners of the 2022 Novogradac Journal of Tax Credits Community Development Qualified Low-Income Community Investments (QLICIs) of the Year honors.
