The New Markets Tax Credit (NMTC) Program was created by the Federal Government in December 2000 to encourage investment and jobs creation in very low-income communities.
Florida Community Loan Fund (FCLF) has participated in the NMTC Program since 2003, and has been awarded five NMTC allocations from the U.S. Treasury's CDFI Fund. At FCLF, our NMTC program focuses on projects that align with our mission of helping underserved citizens throughout the state of Florida. Financing is generally for construction or major renovation of large real estate projects. FCLF's NMTC focus is on:
Non-profit community facilities, such as charter schools and health centers
Green projects, such as renewable or solar energy
Does NMTC fit your project? Some of the characteristics of NMTC financing are:
The guidelines for qualifying for financing through the NMTC Program are very specific. More information can be found on our Downloads & Resources page, or on the CDFI Website.
Meet our Borrowers through the NMTC Program and see the impact we have had in qualified distressed census tracts. Or view a summary of our NMTC Projects.
Still have questions? Here are our FAQs for the NMTC Program.
To find out if your project meets the NMTC Program guidelines, Contact Us.
On behalf of a grateful community, we say thank you to the Florida Community Loan Fund for taking the lead in making our dream come true.
- Paul Tutwiler, Executive Director, Northwest Jacksonville CDC
Main Office 501 N Magnolia Ave., Suite 100 Orlando, FL 32801-1364 Phone: 407.246.0846 Fax: 407.246.0856
More info at Contact Us
Also Serving the State of Florida with Offices in:WEST FLORIDA Tampa AreaSW FLORIDA Sarasota AreaS FLORIDA Fort Lauderdale AreaNE FLORIDA Jacksonville Area