At True Mountain Capital, we understand that determining New Markets Tax Credit (NMTC) eligibility can be a complex and time-consuming process. That's why we're excited to introduce our new NMTC Eligibility Mapping Tool, designed to streamline this process and provide you with accurate, up-to-date information at your fingertips.
Why We Created the NMTC Eligibility Mapping Tool
Our mission has always been to support community development and investment in underserved areas. The NMTC Eligibility Tool is a significant step toward that goal. By providing a user-friendly, efficient, and accurate way to check NMTC eligibility, we're making it easier for developers, planners, and investors to bring their projects to fruition.
Key Features of the NMTC Eligibility Mapping Tool
- User-Friendly Interface
We designed the tool with simplicity in mind. Whether you're a seasoned developer or new to the NMTC program, our intuitive interface ensures you can easily enter information and get the results you need.
- Comprehensive Data Integration
The tool uses the most recent data from the Community Development Financial Institutions (CDFI) fund and the 2020 US Census American Community Survey (ACS). This ensures that our eligibility assessments are based on the latest information, giving you confidence in the results.
- Instant Results
Time is of the essence in community development projects. Our tool provides immediate results, so you can quickly determine if your area qualifies for NMTC incentives and move forward with your plans.
- Detailed Reporting
Transparency and documentation are key in any project. Our tool generates detailed reports that outline the specific criteria and data points used in the eligibility determination. This can be crucial for securing funding and support.
- Interactive Map Visualization:
Understanding the geographic distribution of NMTC-eligible areas is easier with our interactive map. It visually displays eligible and non-eligible zones, helping you make informed decisions about where to focus your efforts.
How to Use the NMTC Eligibility Mapping Tool
Using our tool is straightforward and efficient. Here’s how you can determine NMTC eligibility for your potential NMTC project:
Step 1: Access the Tool
Visit our website and navigate to the NMTC Eligibility Tool at https://truemountaincapital.com/explore/nmtc/eligibility-tool/.
Press the “Get Started” button on the right.
Step 2: Enter Address Information
Input the address for the area you’re interested in. Just type in the full address to specify the location.
Step 3: Submit the Information
Click the "Check Eligibility" button to submit your information. Our tool will analyze the data and automatically select the matching 2020 census tract used to determine eligibility.
Step 4: Review the Results
The tool will display whether the area is eligible for NMTC incentives. If it is, you will receive a report outlining the demographic and economic factors considered in the determination. This report can be shared with stakeholders or used in your project planning documentation.
The Benefits of Our NMTC Eligibility Mapping Tool
- Efficiency: Quickly determine NMTC eligibility without the need for complex manual calculations.
- Accuracy: Rely on up-to-date CDFI and ACS data for precise results.
- Accessibility: Our online tool is available 24/7, allowing you to check eligibility at your convenience.
- Clarity: Detailed reports provide transparency into the eligibility determination process, supporting your project’s credibility and planning efforts.
At True Mountain Capital, we’re committed to supporting community development and investment in underserved areas. Our NMTC Eligibility Tool is a powerful resource that simplifies the eligibility determination process and provides detailed, accurate results. We invite you to explore the tool today and see how it can help unlock the potential of NMTC incentives for your next project. If you have an eligible project, please contact us at True Mountain Capital to help us guide you thru the NMTC funding process.
Thank you for choosing True Mountain Capital as your partner in community development. Together, we can make a difference.