GRANTRADAR/Grant Programs/New Markets Tax Credit
FederalTax CreditStackable

New Markets Tax Credit

Administered by CDFI Fund US Treasury · Federal Program

BENEFIT
39% credit
Deadline type: annual

Eligibility Requirements

  • 1Investment must be in qualified low-income community business
  • 2Must be in designated low-income census tract
  • 3Investment through certified Community Development Entity
  • 47-year compliance period required

Eligible Project Types

CommercialMixed UseIndustrial
STACKING POTENTIAL

New Markets Tax Credit is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this federal credit with state brownfield TIF, historic tax credits, and local abatements to maximize total incentive value. Use GrantRadar to see your full stack.

Source: CDFI Fund US Treasury official program page ↗ · Last verified 2026-03-10
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