| Real Estate Development In 2012
Investors are skittish. This article focuses on the more popular federal programs, but notes the existence of programs available in many states. How, then, are development projects being carried out? In many cases, the answer lies in the availability of tax credits and government grants. Myriad tax credits and grants are available from all levels of government, based upon a multitude of rationales. NEW MARKETS TAX CREDITS • An increasingly popular, and certainly the most complicated, source of benefits is the federal New Markets Tax Credit Program (hereinafter the "NMTC Program"). This article summarizes in general terms the activity of obtaining benefits under the NMTC Program for a project. |
Wednesday, 13 June 2012
Real Estate Development In 2012
