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InvestmentNew Jobs Tax Credit PackageOklahoma Department 2020

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let's discuss the new markets tax credit program or nm TC and how it attracts and meant for real estate projects community facilities and operating businesses new markets tax credits are federal income tax credits used to encourage private investment in low-income communities around the United States the credits are designed to create measurable community impacts such as job creation goods and services and eradicating food deserts the Community Development financial institutions fund or CDFI a division of the US Department of the Treasury administers the program and provides Authority for Community Development entities or CDEs to sell the tax credits CDEs have a mission to provide investment capital to low-income communities are certified by the CDFI fund and are typically sponsored by banks state or local governments and other nonprofit or for-profit organizations through a competitive application process CDEs are awarded an allocation of federal new markets tax credits once a

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Versions
Form popularity
Fillable & printable
OK Form 506 2024
4.6 Satisfied (77 Votes)
OK Form 506 2023
4.7 Satisfied (96 Votes)
OK Form 506 2021
4.8 Satisfied (104 Votes)
OK Form 506 2020
4.7 Satisfied (283 Votes)

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