Testimonial

We support NMTCs because they incentivize private investors to invest in high-impact projects in low-income areas by offering a 39% federal tax credit over 7 years. This in turn often unlocks millions of dollars in equity for real estate, health clinics, food hubs, commercial corridors, and community facilities. For SAGE, this means access to gap financing for transformational development projects—like a public market complex or a cultural facility.

James A Nortey, San Antonio for Growth on the Eastside, Inc., on the project.