New Markets Tax Credits are used to attract investments into low-income communities with the goal of revitalizing the local economy.
AGC is a National CDE and has been awarded $90 million in New Markets Tax Credits (NMTC) allocation since 2002. AGC utilizes its allocation on projects that will positively benefit Low-Income Communities & underserved populations. AGC centers efforts on economic progress by addressing the chronic problems within the Low-Income communities served: Lack of jobs, limited access to healthcare, high rates of poverty, high cost of living and blighted infrastructure.
AGC’s NMTC projects and direct loan products have historically, and will continue, to help remedy problems related to poverty through strategic investment in:
- Infrastructure/community & Multi-use buildings
AGC also provides financial and advisory services to qualified projects looking for additional financing. With 13 years of experience successfully closing close to $170 million worth of New Markets Tax Credits transactions, AGC brings a track record of success to every transaction.
Our experience as a small business lender makes us unique among community development entities: we know the tough circumstances of many small businesses and have the expertise to make difficult transactions work.
We are a national Community Development Entity (CDE) with the flexibility of deploying tax credits throughout the country. We’re interested in hearing from you.