Title
ABA-JAHCDL-07-0502-005.indd
By
adminadmin
Description
117 Articles The New Markets Tax Credit and the Community Economic Development Movement: A Los Angeles Case Study Sarah Vallim Introduction The New Markets Tax Credit (NMTC) is a relatively new tool for economic development. Enacted in 2000, the NMTC creates a private investtmen incentive for businesses operating within, or for the benefit of, low-income communities. The tax credit is the most recent iteration of a series of market-based federal antipoverty policies. Like previous marketbaase...

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