Leveraging Capital

Publication Year:
2015
Usage 1
Abstract Views 1
Repository URL:
https://digitalcommons.portlandlibrary.com/news_mainebiz/6552
Author(s):
McCarthy, James
Tags:
Economic development
article description
CEI Capital Management LLC is using the New Markets Tax Credits, a program created by the federal government in 2000 to help stimulate investment and economic growth in low-income communities, to drive capital into distressed local communities. How that has been achieved and the future of the New Markets Tax Credit program is described. Included is a text box highlighting three recent New Markets Tax Credit projects in Maine.